The DODO token is the native cryptocurrency of the decentralized exchange (DEX) DODO, which operates on an innovative algorithm called Proactive Market Maker (PMM). DODO is designed to offer better liquidity and pricing for users compared to traditional automated market makers (AMMs) like Uniswap.

About  DODO (DODO) TOKEN

Data and Information

DODO is a DeFi protocol that serves as an on-chain liquidity provider, featuring a unique proactive market maker (PMM) algorithm. This algorithm is designed to offer better liquidity and price stability compared to traditional automated market makers (AMM).

By utilizing oracles to obtain accurate market prices, DODO provides liquidity close to these prices, helping to stabilize the portfolios of liquidity providers (LP) and reduce price slippage. Additionally, the system encourages arbitrage trading, which helps mitigate the risk of impermanent loss for LPs.

Launched in August 2020 by Diane Dai, Radar Bear, and an anonymous development team, DODO has captured the attention of numerous investors through significant fundraising efforts. Its uniqueness lies in offering low transaction fees and minimal price slippage, thanks to its PMM algorithm.

DODO also provides free listings for new crypto projects through its Initial DODO Offering (IDO), where issuers only need to deposit their own tokens. This makes DODO an appealing platform for both traders and liquidity providers looking to maximize their gains within the DeFi ecosystem.

For more information, visit the official DODO (DODO) website at https://dodoex.io/en.

Crypto Asset  Ranking Information

As of 7 Oktober, 2024 the CoinMarketCap ranking of DODO(DODO) is #394, with a market cap of USD 89,953,397
 It has a circulating supply of 725,703,404 DODO and a maximum supply of 1,000,000,000 DODO.

How to Buy DODO (DODO) on INDODAX 

Now that you’ve discovered more about DODO (DODO) , you can start investing in (DODO)  easily and securely on INDODAX. 

You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.

To buy DODO (DODO crypto asset on INDODAX, follow the steps below:

1. Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
2. Then, deposit by reading how to make a deposit below
3. After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
4. Search for DODO (DODO  in the IDR market, and click to visit the crypto asset page
5. On the crypto asset page, enter the balance and desired DODO (DODO purchase price, or buy instantly at the current price
6. Next, you should wait for the price to increase for some time
7. Once the price increases, your assets can be sold at a higher price with the Instant method
8. If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number

INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.

Let’s invest in DODO (DODO) on INDODAX now!