What is DODO?
DODO is said to be next generation decentralized exchange i.e. DEX project that aim to provide 10x better liquidity than Uniswap. DODOEX i.e. will be main tradition platform that studied existing AMM solution in that they have discovered most of them fail to provided expected liquidity. DODO has introduced newest market maker algorithm called as proactive market maker i.e. PMM. DODO now official become first project that based on PMM that help to minimize risk for LPs and also stabilized portfolio.
DODO aim to become next generation liquidity provider and with PMM project will ensure pure on-chain and contract fillable liquidity. however, DODO believe that existing AMM algorithm are too primitive and static for long time run and also, they not user friendly, responsive and intelligent. so, to solve this problem DODO decided to launched their own project that can handle real time market fluctuation and liquidity constraints.
Project like uniswap, Balancer and Curve faces low fund utilization rate and unstable rate, where only 1 to 2% funding pools available at perfect price and other market remain underutilized. We know market keep fluctuation but due to unstable portfolio means slow updating in price. in the process of adjusting prices, AMM waited for arbitrageurs’ trades that can cause delay and loss in LPs.
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DODO Price Prediction
| Month & Year | DODO Price Prediction |
|---|---|
| April 2021 | $6.9170 |
| May 2021 | $8.2424 |
| June 2021 | $9.1951 |
| July 2021 | $9.7335 |
| August 2021 | $10.4791 |
| September 2021 | $7.7868 |
| October 2021 | $9.1951 |
| November 2021 | $10.1063 |
| December 2021 | $11.9702 |
| January 2022 | $12.2187 |
| February 2022 | $13.3370 |
| March 2022 | $14.2483 |
| April 2022 | $13.7926 |
| May 2022 | $16.0707 |
| June 2022 | $14.7039 |
| July 2022 | $16.3606 |
| August 2022 | $15.1595 |
| September 2022 | $16.1535 |
| October 2022 | $15.2423 |
| November 2022 | $16.5263 |
| December 2022 | $15.6151 |
| January 2025 | $16.3606 |
| March 2025 | $63.0402 |
| April 2025 | $65.7739 |
| May 2025 | $63.9515 |
| July 2025 | $66.2295 |
| September 2025 | $66.7266 |
| October 2025 | $65.7739 |
| Decemeber 2025 | $64.8627 |
| January 2030 | $66.3538 |
| February 2030 | $126.9503 |
| March 2030 | $125.1692 |
| April 2030 | $127.9029 |
| May 2030 | $129.3112 |
| July 2030 | $130.6780 |
| September 2030 | $128.3171 |
| October 2030 | $130.2224 |
| December 2030 | $132.0449 |
Uniswap Price Prediction | Curve DAO Price Prediction
DODO Overview
| Project name | DODO |
| Ticker Symbol | DODO |
| Total Supply | 1,000,000,000 |
| Official website | Dodoex.io |
| Based on | DEX |
| Launched year | 2020 |
| All-time high | $0.065 USD |
| Exchange Platform | DODOEX |
| Wallet | Metamask |
DODO ICO Overview
| Platform used | ERC-20 |
| Raised by | $11,00,000 USD |
| Date of ICO | NA |
| ICO Price | $0.05 USD |
| Partners | NA |
DODO Price analysis
As per the report published on 20th September 2020 by DODO official, they claimed that Exchange fetching $10 million daily volume and till now over $75 million worth value locked. In same report they also announced DODO governance token on DODO ecosystem. DODO token is part of long-term roadmap along with tree autonomous organization that include admin DAO, risk control DAO and Earn DAO. However, DODO token holder will help them to involved in governance decision and discussion. From total supply of 1 billion token, 60% supply will be allocated for community incentives.
DODO token launched with plan where initially token will be locked for 1 year and then it will slowly release over 2 year of span. DODO team was schedule two round for investor i.e. seed round and private sale round. In seed round it initially raised at $6 million and in private sale it was raised at $10 million USD. in Seed Token price was $0.01 Per USD and then in private sale priced hiked to $0.05 and it will be released after 6 month of lockup and remaining will release over 1 year of time. DODO is ERC-20 based Token on Ethereum Blockchain. DODO will be available on its own DEX platform with different pair like DODO/USDT. DODO introduced new type of Token sale i.e. nothing but decentralized Process. IDO will begin from 29th September 2020 and its price also starts fluctuating. as in this token sale investor will enjoy 0% transaction fees structure.
FAQ
Is DODO a Good investment?
Investing DeFi need research, so Do your own research before you invest.
Conclusion
In race of DeFi and DEX recently many new projects have launched and some of them got success in short period of time and some of them fail. DODO wanted change liquidity providing with brand new algorithm and they started receiving attention from investor. In Token sale and LP, DODO very close to hit $100 million total volume worth. However, directly focusing on main problem of existing DEX i.e. price difference of different asset that causing loss of investor. Now, lets hope DODO can accomplished what they proposed and user can simply access real price of asset along with zero transaction fees i.e. gas fees.
