DODO is an algorithm-driven decentralized trading protocol designed for efficient liquidity and convenient trading of web3 assets. The protocol utilizes an innovative Proactive Market Maker (PMM) algorithm to offer deep liquidity in digital assets across multiple blockchain ecosystems, including Ethereum. BNB Chain, Polygon, Arbitrum, and more.
DODO is designed to give users the best possible price and liquidity in supported digital assets. The liquidity is provided by its protocol and aggregated from other DEXs, and services DeFi users in the best possible manner.
The DODO protocol also features NFT liquidity solutions through its NFT fragmentation technology. It supports a Buyout Model to support liquidity in high-value NFTs and a Retail Model to sustain liquidity in low to medium-value NFTs in the market.
DODO, an ERC-20 token issued on Ethereum and mapped to other supported networks, functions as the native token of the DODO DEX. It incentivizes the growth of the DODO ecosystem and captures value. In addition, $DODO also serves as DODO’s governance token.
