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DODO is a decentralised finance (DeFi) protocol that serves as an automated market maker (AMM) with a unique algorithm called the Proactive Market Maker (PMM). Founded in 2020 by an adept team in the blockchain space, DODO aims to offer competitive trading prices and solve the issue of impermanent loss—common in traditional AMMs. The platform facilitates a seamless exchange of tokens by adjusting prices algorithmically based on real-time market conditions, ensuring optimum liquidity and low slippage. DODO is built on Ethereum and BSC networks, enabling a cross-chain trading environment. The native token, DODO, drives the ecosystem for governance, crowdfunding new projects (IDO), and staking, while contributing to liquidity pools.
