DODO Announces Ending Support for HECO, BOBA, and Moonriver Networks

Bittime - An important announcement from the decentralized trading protocol well-known among crypto investors, DODO (DODO). In a statement released on Thursday (06/06), DODO announced a strategic decision to suspend support for the HECO, BOBA and Moonriver networks starting Monday (10/06/24). 

DODO's decision is part of an effort to focus resources and support on more active chains in the ecosystem and expand support to new projects in the future.

Reasons Behind DODO's Decision

This decision was not taken suddenly. DODO has conducted an in-depth analysis of the activity and future potential of the various supported blockchain networks. 

HECO (Huobi ECO Chain), BOBA, and Moonriver apparently did not show the level of activity expected by DODO to maintain support and maintenance of smart contracts on the network.

Source: https://x.com/BreederDodo/ 

In an official statement published via the X account, @BreederDodo, DODO said, 

"We have decided to shift our focus and resources to more active and dynamic networks in the blockchain ecosystem. We also plan to support more new chains in the future." 

The decision was supported by comprehensive data and analysis regarding the performance and adoption rates of the three networks.

Check Today's Crypto Market BTC/IDR

Warning to HECO, BOBA and Moonriver Asset Owners

This suspension of support will certainly have an impact on DODO users operating on the HECO, BOBA and Moonriver networks. Users are expected to move assets and activities to another network that is still supported by DODO before June 10 2024. DODO has also provided guidance for users to ensure the migration process runs smoothly and without significant obstacles.

Also Read: What is DODO (DODO)? Innovative DEX Platform with Advanced Liquidity Solutions

In addition, DODO emphasized that it will continue to provide full support for users on other more active networks, such as Ethereum, Binance Smart Chain (BSC), and several other networks which are now the main focus. 

Thus, users can still enjoy DODO's fast and efficient decentralized trading services on networks that are still supported.

Also read How to Buy Crypto How to Buy BTC

DODO Roadmap Draft

By suspending support for HECO, BOBA, and Moonriver, DODO is setting its sights on the future of the broader and more dynamic blockchain ecosystem. In an interview, a DODO spokesperson stated, 

"We are committed to continuing to innovate and expand our support to new networks that offer great potential for growth and development. This move is part of our long-term strategy to remain relevant and competitive in the industry."

This statement shows that DODO is not only focused on established networks, but is also ready to explore and support new networks that may emerge as the next big players in the global blockchain ecosystem.

Conclusion

DODO's decision to suspend support for the HECO, BOBA and Moonriver networks starting Monday (10/06/24) is a strategic step aimed at maximizing resource efficiency and effectiveness. 

By focusing on a more active and promising network, DODO hopes to continue to innovate and provide the best service for its users.

Also Read: Dodochain (DODO): Everything You Need to Know is Here

Users are expected to immediately move activities to networks that are still supported and utilize the guidance provided by DODO for a smooth migration process. 

Check Today's Crypto Prices BTC/IDR Prices

How to Buy Bitcoin (BTC) on Bittime

You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

Bitcoin (BTC) is available on Bittime with the market pair BTC/IDR . To be able to buy BTC/IDR at 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 assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn the complete guide on how to buy Bitcoin (BTC) on Bittime. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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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.