What is Dodo?
Dodo is a decentralized exchange (DEX) built on Ethereum. It's designed to offer efficient and cost-effective trading experiences for users. Unlike traditional order book exchanges, Dodo uses a unique pricing mechanism called "Proactive Market Making" (PMM) to provide better liquidity and minimize slippage.
What can you do on Dodo?
Trade Ethereum and ERC-20 tokens: Buy, sell, and trade a wide range of cryptocurrencies.
Provide liquidity: Earn fees by contributing liquidity to the platform's pools.
Participate in governance: Vote on proposals and shape the future of Dodo.
Use DodoSwap: A tool for creating your own decentralized exchanges.
Key features of Dodo:
PMM pricing mechanism
Low transaction fees
User-friendly interface
Strong community support
September 2024, Cryptoniteuae