Question 1

What is DODO?

Accepted Answer

DODO is both a decentralized exchange (DEX) and a native utility token within that ecosystem. The DODO platform leverages the Proactive Market Maker (PMM) algorithm to offer on-chain and contract-fillable liquidity. This sets it apart from traditional Automated Market Makers (AMMs), which commonly use constant product formulas. The PMM algorithm is engineered to be more capital-efficient and to minimize impermanent loss, thereby providing better price quotes.

The platform also features additional services like the DODO Vending Machine for token issuance and a crowdpooling feature, which serves as a decentralized Dutch auction service. Designed to cater to both experienced traders and newcomers, the DODO platform aims to be user-friendly and versatile.

Question 2

What Are Its Use Cases?

Accepted Answer

DODO tokens have a multi-faceted role within the ecosystem. They are used for governance voting, which allows token holders to participate in decisions about trading fees, default slippage rates, asset listings, and other platform parameters. In addition to governance, DODO tokens can be staked and holders can receive dividends from trading fees generated on the platform. The platform itself offers unique features like contract-fillable liquidity through its PMM algorithm and additional tools for token issuance and crowdpooling.

Question 3

Who Created DODO and When?

Accepted Answer

The DODO platform was co-founded by Diane Dai, Radar Bear, and an individual known only as "Lei." Diane Dai has a background in financial engineering and quantitative trading, Radar Bear brings experience in blockchain engineering, and Lei specializes in product development. The timeline of DODO's creation is not specified.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	DODO-USDT DODOUSDT	binance	AA	0.01893USDT	1.77%	127,033,745.50DODO	4,330	0.01861USDT	0.01897USDT
2	DODO-TRY DODOTRY	binance	AA	0.9305TRY	1.77%	10,973,040.00DODO	995	0.9143TRY	0.9305TRY
3	DODO-USDT DODO_USDT	whitebit	BB	0.01896USDT	1.88%	3,197,503.16DODO	1,068	0.01861USDT	0.01898USDT
4	DODO-USDT DODOUSDT_SPBL	bitget	BB	0.01896USDT	1.77%	1,111,889.20DODO	356	0.01863USDT	0.01898USDT
5	DODO-USDT DODO_USDT	gateio	A	0.01896USDT	1.66%	549,581.40DODO	136	0.01865USDT	0.01896USDT
6	DODO-USDT DODO-USDT	kucoin	BB	0.01891USDT	1.61%	116,854.60DODO	58	0.01861USDT	0.01892USDT
7	DODO-USDT dodo_usdt	lbank	C	0.01895USDT	1.72%	79,779,092.84DODO	83,040	0.01863USDT	0.01898USDT
8	DODO-USDT DODOUSDT	bitrue	D	0.01890USDT	1.07%	29,341,217.29DODO	38,946	0.01870USDT	0.01910USDT
9	DODO-USDT DODO_USDT	bydfi	-	0.01893USDT	1.66%	27,792,486.86DODO	2,136	0.01863USDT	0.01897USDT
10	DODO-USDT DODOUSDT	toobit	C	0.01893USDT	1.66%	15,980,596.60DODO	6,372	0.01863USDT	0.01898USDT
11	DODO-USDT DODO-USDT	bingx	D	0.01892USDT	1.50%	6,124,874.90DODO	6,450	0.01864USDT	0.01892USDT
12	DODO-USDT DODO_USDT	bitunix	C	0.01893USDT	1.72%	5,880,494.10DODO	6,023	0.01862USDT	0.01897USDT
13	DODO-USDT DODOUSDT	mexc	C	0.01893USDT	1.66%	5,234,396.72DODO	2,922	0.01863USDT	0.01900USDT
14	DODO-USDT dodo_usdt	digifinex	D	0.01893USDT	1.72%	4,857,847.20DODO	2,496	0.01862USDT	0.01897USDT
15	DODO-EUR DODO-EUR	bitvavo	B	0.01686EUR	1.85%	1,932,159.43DODO	79	0.01655EUR	0.01686EUR
16	DODO-USDT DODOUSDT	latoken	D	0.01896USDT	1.72%	750,108.01DODO	1,750	0.01863USDT	0.01898USDT
17	DODO-USDT DODOUSDT	hitbtc	E	0.01842USDT	0.00%	0DODO	0	0.01842USDT	0.01842USDT
18	DODO-IDR dodoidr	indodax	E	348.00IDR	4.19%	66,675.75DODO	45	334.00IDR	348.00IDR
19	DODO-KRW DODO_KRW	coinone	C	25.50KRW	0.08%	17,471.37DODO	6	25.48KRW	25.50KRW
20	DODO-USDT dodousdt	huobipro	C	0.01870USDT	0.54%	15,432.76DODO	18	0.01859USDT	0.01900USDT
21	DODO-INR DODOINR	coindcx	-	1.90INR	3.69%	6,175.81DODO	14	1.83INR	1.90INR
22	DODO-KRW DODO-KRW	gopax	D	24.30KRW	0.00%	0DODO	0	24.30KRW	24.30KRW
23	DODO-USDT DODOUSDT	coinex	C	0.01856USDT	0.00%	0DODO	0	0.01856USDT	0.01856USDT
24	DODO-BTC DODOBTC	hitbtc	E	0.0₆2300BTC	0.00%	0DODO	0	0.0₆2300BTC	0.0₆2300BTC