DODO - On-Chain Liquidity Provider For Everyone

0 60

Written by

#Club1BCH

1 year ago

Topics: Aggregators, DEX, Across, Across Protocol, Dodo, ...

DODO is an On-Chain Liquidity Provider for everyone, with a clear mission ... to be the best Decentralize Exchange (DEX) in the Cryptoverse. The DODO decentralized trading platform is powered by an innovative Proactive Market Maker (PMM) algorithm to provide efficient on-chain liquidity for Web3 assets.

My first contact with DODO was on Binance, where $DODO tokens where shared through the Launchpool. Never sold, as I always seen the potential of the project. Still holding 78 $DODO, waiting for the token to bloom!

All my interest for Dodo was brought back after Across Protocol announced a new media campaign! The Ape In with Aggregators will dive into more rollups, new layers & cross-chain as the top aggregators in the Cryptoverse will join the Across team in educative events.

Web3 is ascending, so strap in for the ride! Join Across and your favorite cross-chain Aggregators! We've got videos, Team interviews and even MORE giveaways over the next 3 weeks!

DODO provides both its own liquidity and aggregated liquidity from other decentralized exchanges. This allows DODO to offer the best prices for Web3 assets anywhere! Users can create tokens with few clicks and no coding requirements, just a few clicks and DODO will do whatever you need. Trading any asset across multiple chains never been easier, covering more tokens and more chains than the majority of competitor DEXs!

DODO is available on ETH, BSC, Polygon, Optimism, Arbitrum, HECO, OKC, Aurora, Moonriver and Boba! The focus of the DODO is multi-chain solutions is on emphasis on scalability, flexibility, and versatility.

The ample liquidity across the full spectrum of DeFi networks and scaling solutions makes trading easier for DeFi users. I explored DODO and I was impressed by the simplicity of the DApp and the efficiency of the tools.

Crypto savvy people or DeFi warriors can buy and sell any assets with on click! DODO helps them with fungible or non-fungible, mainstream or "long-tail", internal or external, thanks to efficient routing algorithms that will compare the prices across the entire network. The mechanism will ensure the user always gets the best price.

DODO 's original Proactive Market Maker (PMM) algorithm helps Liquidity Providers and market makers to concentrate their assets and provide strong liquidity without onerous capital requirements. A variety of permissionless liquidity products and solutions are available on the platform, improving DeFi trades and yields.

DODO has a 63.27% high capital efficiency (when this article was written) and nearly 140 million trading volume per week. The efficient multi-chain trading may be enhanced by using a fast bridge like Across.