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Bittime - DODO (DODO) is an innovative decentralized crypto exchange ( DEX ) platform, offering high liquidity and efficient solutions for traders and investors. Founded in 2020, DODO has attracted attention and popularity in the crypto world due to its advantages over traditional DEXs.
What is DODO (DODO)?
DODO (DODO) is a platform that uses a unique proactive market maker (PMM) algorithm, different from the AMM (Automated Market Maker) commonly used in other DEXs. PMM allows DODO to provide deeper liquidity and lower price slippage, providing a smoother and more profitable trading experience for its users.
DODO Key Products & Features (DODO)
- Spot Exchange: Exchange of various crypto assets with high liquidity and low price slippage.
- Perpetual Swap: Trading crypto assets with leverage and margin.
- DODO Pool: Provide liquidity and earn passive income through yield farming.
- DODO NFT: An NFT platform that enables the creation, trading and collection of digital assets.
What is DODO Token?
The DODO token is the native utility and governance token of the DODO platform. This token has several important functions, including:
- Governance: DODO token holders can participate in platform governance, such as voting on proposals and protocol changes.
- Staking: Staking DODO tokens allows users to earn passive income and exclusive rewards.
- Trading Fees: DODO tokens can be used to pay trading fees on the DODO platform (DODO) at a discount.
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Tokenomic DODO (DODO)
- Total Supply: 1.000.000.000 DODO
- Max Supply: 1.000.000.000 DODO
- Market Cap : IDR 2,044,513,841,691 (as of 26 February 2024)
- Circulating Supply: 614.617.713 DODO
- Distribution: 40% to team and advisors, 30% to community, 20% to investors, 10% to ecosystem
- Burning Mechanism: DODO (DODO) has a token burning mechanism designed to reduce supply and increase token value.
DODO Fundamental Analysis (DODO)
Based on today's Bittime market, DODO prices were observed to have increased 7.94 percent in the last 24 hours. Currently the DODO to IDR price is IDR 3341.
Source: Bittime.com
- Trading Volume: DODO trading volume continues to increase, indicating high interest and usage of the platform.
- Total Value Locked (TVL): TVL on DODO indicates the user's trust in the platform and the amount of assets held on it.
- Partnerships: DODO (DODO) has established partnerships with several well-known blockchain projects, demonstrating the credibility and potential of the platform.
Comparison of DODO (DODO) & Competitors
Feature | DODO | Uniswap | SushiSwap |
Market Maker Algorithm | PMM | AMM | AMM |
Liquidity | Tall | Currently | Currently |
Price Slip | Low | Tall | Tall |
Trading Fees | Competitive | Competitive | Competitive |
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Founder & Tim DODO (DODO)
DODO (DODO) was founded by an experienced team in blockchain and finance. The team is led by Diane Dai, CEO and Co-Founder, who has extensive experience in technology and investments.
Public Opinion About DODO (DODO)
Public opinion about DODO (DODO) is generally positive. Many users and investors praise the platform for its high liquidity, low price slippage, and innovative features.
Also Read: What is Gas Fee on Crypto?
DODO Conclusion (DODO)
DODO (DODO) is an innovative DEX platform with great potential to revolutionize the decentralized finance industry. This platform offers high and efficient liquidity solutions for traders and investors, as well as various attractive products and features. With an experienced team and an active community, DODO is poised to achieve great success in the future.
How to Buy DODO (DODO) on Bittime
You can buy and sell DODO tokens (DODO) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. DODO is available on Bittime with DODO to IDR pairing
To be able to buy DODO/IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make DODO purchases in the application.
More Complete Guide How to Buy DODO (DODO) on Bittime
Monitor price chart movements of DODO (DODO) , Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What is Ethernity (ERN)? A New Way to Explore the World of Authentic NFTs
What is Kin (KIN)? Building an Open and Inclusive Digital Economy
What is Vertex Protocol (VRTX)? Bridge Between Blockchains So Transactions Are Easy
DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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