Decentralized exchange working with several blockchains.
DODO is a decentralized trading platform working with BSC, Ethereum, Polygon, Avalanche and other blockchains. This is a publication from community cryptodefix.com. The platform is a DEX on the Proactive Market Maker (PMM) algorithm to provide more liquidity to Web3 assets. In DODO, users can engage in token exchanges, earn liquidity pools and staking.
To work with the exchange, users need to connect a Web3 wallet connected to one of the available exchange blockchains. There are 41 coins and 141 pairs on the exchange. PMM algorithm allows to increase the speed of transactions and reduce the fees. The exchange has its own DODO token, it is used as a trading asset and a reward for providing liquidity.
DODO provides users with 3 main functions - swap, liquidity pools and stacking. When exchanging tokens, users have 2 types of orders available - a market order, where the user exchanges assets for the current value and a limit order, where the swap sets a limit on the value to be exchanged. Users also have additional settings where they can select the percentage of slippage protection and the duration of the transaction. DODO allows users to participate in already deployed liquidity pools or create their own. In the list of pools you can see their volume and APY percentage.
- Token swap
- Participating and creating liquidity pools
- Low fees
- High transaction speed
- Multiple blockchains and bridges support
- Stacking and mining
Decentralized exchanges (DEX)
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