There is no Roadmap available by DODO’s Team Which indicates that DODO has achieved what they were First Building which is decentralized exchange, and no major upcoming event so far. While DODO Looks pretty promising Crypto with solid backings, products and Use-cases. Roadmap and Price Growth Potential for DODO Coinbase Ventures is a venture capital firm that invests in cryptocurrencies. Summary DODO, decentralized exchange has real world use cases and provides a lot of growth opportunities in the near future with its products and services.ĭODO Fundamentals Analysis – Founders, Team, Investors & RoadmapĭODO was Recently launched in August 2020 by Diane Dei and Radar Bear and “ an anonymous Development Team”įramework Ventures provided an initial investment of $600,000 towards the company’s development.Īn investment round of $5 million in private sale was headed by Pantera Capital, Binance Labs, and Three Arrows Capital, and the results were announced in September of 2020.Ĭoinbase Ventures, Galaxy Digital, CMS Holdings, and Alameda Research were among the venture capital firms, cryptocurrency exchanges, and trading businesses that participated in the private sale round. In addition to its governance operations, the DODO offers trading fee reductions as well as IDO participation allocations to its members. When it comes to the DODO token economics concept, a membership system as well as a fee sharing mechanism are implemented.The beginning price, as well as the proportion of dollars and tokens distributed, are completely flexible. Through the use of crowdsourcing, DODO is able to issue new assets at the lowest feasible cost while also establishing highly liquid capital pools.With its own liquidity pools and the capacity to trade any two tokens on the market, DODO is both a decentralized exchange and an aggregator in one package.Why DODO? What Makes DODO Standout From the Competition? This platform has been integrated with a variety of wallet applications, allowing users to interact with the platform. Trading and aggregation, Crowdpooling/IDO, pools, and mining are all features of DODO’s decentralized exchange product bundle, which also contains smart contracts (which includes liquidity mining, trading mining, and combiner harvest mining). Traders benefit from extraordinarily capital-efficient liquidity pools that enable them to support single-token provision, minimize temporary loss, and maintain slippage to a bare minimum.ĭODO’s decentralized exchange offers multiple Products and Services. Based on this discovery, DODO has developed Crowdpooling, a permissionless, equal opportunity liquidity offering mechanism, as well as adjustable technical solutions for professional on-chain market makers. Also available on the trading platform is SmartTrade, a decentralized liquidity aggregation service that distributes traffic to and assesses various liquidity sources in order to offer the best exchange rate between any two tokens, regardless of their origin.Īside from that, DODO removed all restrictions to the creation of a liquidity pool for the issuance of new assets, allowing asset ratios and liquidity depths, as well as fees and other parameters, to be freely altered and defined in real time. What Actually is DODO?ĭODO is a decentralized trading platform that is powered by the Proactive Market Maker (PMM) algorithm. To help with that, we are going to review DODO, whether DODO is a Good Crypto To invest or is it worth investing in DODO. Thats why Reasearch is the foundation of investing in any crypto coins. There are tons of new cryptocurrencies in the market, both good and bad ones. We will look at the fundamentals, team, roadmap, previous history of DODO and the team with potential of this project.Īs the crypto market keeps rising such as bitcoin and other major crypto assets making new all time highs just recently this month of around $69,000 and ethereum hitting $4,800. Hello, In this article we are going to review and analyse DODO Coin in Details.
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