Dodo Crypto: Worth Investing Or Just Another Bird?

DODO is a decentralised exchange trading protocol for Web3, with the best liquidity to trade any asset across multiple chain platforms. It is a relative newcomer in the DeFi scene, launched in August 2020. DODO is based on a new algorithm called the Proactive Market Maker (PMM), which is said to be significantly better than AMM-based solutions such as Uniswap. It is capable of offering highly accurate market prices, alongside extremely low fees, boosting the efficiency of on-chain liquidity for Web3 assets. DODO's future seems promising, with private sales attracting huge interest from major players in the crypto arena, such as Coinbase Ventures, CMS Holdings, and Galaxy Digital, among others. However, it is important to remember that cryptocurrency is a highly volatile and unpredictable asset class, and one should always do their own research before investing.

DODO's price predictions for 2024–2030

For 2025, DODO's price is predicted to be between $0.35 and $0.42, with an average trading price of $0.37. Another source predicts that DODO's price will be between $0.45 and $0.67, with an average of $0.56.

By 2030, DODO's price is predicted to be between $2.28 and $2.71, with an average forecast price of $2.36.

It is important to note that cryptocurrency markets are highly volatile and these predictions should not be considered as financial advice.

DODO's benefits

DODO is a decentralized exchange trading protocol for Web3, with the best liquidity to trade any asset across multiple chain platforms. It supports the single-token provision, reduces impermanent loss and brings more stability. Here are some of the benefits of DODO:

Proactive Market Maker (PMM)

DODO's PMM algorithm provides liquidity pools without strong capital requirements. It stands out from traditional AMMs with its efficient and proactive distribution of asset ratios, anticipating market conditions. DODO's PMM imitates the behaviour of centralized exchanges by actively shifting buy and sell orders to align with the current market price. This results in flexible and adaptable DODO pools that can be customized for different market use cases.

Accurate Market Prices

DODO's unique technology, the PMM, collects funds near market prices to establish liquidity. This results in highly accurate market prices, which are claimed to be more precise than those offered by projects like Uniswap. The further the price moves from the market price, the lower the liquidity, so DODO automatically adjusts prices to maintain stability.

Free ICO Listing

DODO wishes to support new cryptocurrency projects by offering free ICO listings via its Initial DODO Offering (IDO). Issuers only need to deposit their tokens to be eligible for free listing and gain exposure through the platform.

Low Transaction Fees

DODO offers highly competitive transaction fees, thanks to the PMM algorithm. This is particularly advantageous given that DODO is based on Ethereum's network, which is known for its high gas fees.

No Minimum Deposit for Liquidity Providers

Liquidity providers on DODO have no minimum deposit requirement. Anyone can join and start earning passive income by depositing what they can afford, making it an inclusive platform.

SmartTrade and Crowdpooling

DODO facilitates trading between two arbitrary tokens on the same network through SmartTrade, a decentralized liquidity aggregation service. Crowdpooling ensures equitable token distribution and facilitates liquidity markets, giving liquidity providers the flexibility to create and manage their market-making strategies.

DODO is a promising project in the crypto space, offering efficient liquidity solutions and competitive advantages over traditional AMMs.

How to buy DODO

DODO is a decentralised finance (DeFi) protocol and on-chain liquidity provider with a unique proactive market maker (PMM) algorithm that offers better liquidity and price stability than automated market makers (AMM).

• Set up an account with a cryptocurrency exchange that offers DODO such as Binance, Hotcoin, Bybit, DigiFinex, KCEX, MXC.com, L Bank, BiKi, Gate.io, or Uniswap V2.
• Fund your account by purchasing a mainstream cryptocurrency such as Bitcoin or Ethereum.
• Exchange your mainstream cryptocurrency for DODO on the platform.
• Withdraw your DODO tokens to a compatible wallet, such as MetaMask.

It is important to note that DODO is a risky investment, as are all cryptocurrencies. It is also important to do your own research and consult with a financial advisor before investing in any cryptocurrency.

DODO's Proactive Market Maker (PMM)

DODO is a decentralized exchange (DEX) platform that is powered by a unique Proactive Market Making (PMM) algorithm. The DODO team developed the PMM algorithm in-house, iterating on the design of Automated Market Makers (AMMs) to improve capital efficiency, reduce impermanent loss, and minimize slippage for traders.

DODO's PMM algorithm is capable of proactively adjusting parameters such as asset ratio and curve slope in anticipation of market conditions, resulting in DODO pools that are adaptable and flexible for all sorts of use cases. It leverages price oracles to retrieve accurate market prices of assets as input. The algorithm checks the prices of assets and allocates funds to proactively increase liquidity near the market price. It also rapidly decreases liquidity if it gets further away from the market price. This results in a high level of liquidity, which reacts more like a centralized exchange.

DODO's PMM pools can be configured to utilize external price oracles to minimize impermanent loss and achieve higher capital efficiency. This configurability makes DODO's PMM suitable for use cases varying from single-sided liquidity for bootstrapping pools to fully customizable market-making strategies that adapt to market conditions in real time.

DODO's SmartTrade trading platform also allows for Crowdpooling and Initial DEX Offerings (IDOs). Crowdpooling aims to resolve the critical problem of frontrunning—the illicit practice of getting in front of public trades before the asset's price fluctuates. By facilitating equal distribution of tokens to supply liquidity, Crowdpooling reduces the issue of frontrunning bots.

DODO's future

DODO is a decentralized exchange trading protocol for Web3, with the best liquidity to trade any asset across multiple chain platforms. It supports the single-token provision, reduces impermanent loss and brings in more stability. The Proactive Market Maker (PMM) algorithm helps provide liquidity pools, without strong capital requirements. This, with the advantage of diversified liquidity products and solutions, makes it an exciting proposition for all crypto enthusiasts to explore without the fear of non-recoverable losses.

DODO's PMM was developed in-house by DODO’s team based on Automated Market Makers (AMMs) to improve capital efficiency. What sets DODO’s PMM apart from traditional AMMs is its efficient and proactive distribution of asset ratios in anticipation of market conditions. For example, using AMM to spread crypto assets along the entire price range will result in funds nearest to the market price getting fully utilized, with the rest of the funds lying idle. This results in capital inefficiency.

DODO’s PMM, on the other hand, imitates the behaviour of centralized exchanges by actively shifting buy and sell orders to align with the current market price. These result in DODO pools, which are flexible and adaptable according to different types of market use cases. PMM can also be configured to make use of external price oracles to reduce impermanent loss across multiple use cases, ranging from single-sided liquidity to fully customizable large-scale market-making strategies.

DODO facilitates trading between two arbitrary tokens on the same network through SmartTrade, a decentralized liquidity aggregation service. This gives traders the best prices and optimal swap rates between any two tokens. Through Crowdpooling, DODO ensures equitable token distribution and facilitates liquidity markets. Crowdpooling works on the same principle as the call auction mechanism in securities, giving users the assurance of non-malfeasance like bots or front running. It also gives liquidity providers the flexibility to create and manage their market-making strategies.

DODO provides users with the flexibility to trade a wide range of asset classes – whether fungible, non-fungible, mainstream or long-tail investments. DODO’s mathematical-based, efficient routing algorithms power the best return on investment with minimal downside risks. Built on Ethereum and Binance Smart Chain (BSC), DODO’s focus area is to make DeFi liquidity accessible through SmartTrade trading and aggregation, Initial DEX Offerings (IDOs), pools and mining, emphasizing simplicity, scalability, flexibility and versatility across the multi-chain spectrum.

While DODO has positive aspects, it is important to remember that all cryptocurrencies, including DODO, are risky investments. There are various factors that can impact the future of DODO, such as announcements, new technological solutions, the crypto environment, and legal positions. It is essential to do your own research before investing in any cryptocurrency.

Frequently asked questions