DODO Staking
DODO (DODO) staking data is not available on Staking Rewards. You can still convert token prices, estimate your rewards and explore reward options for similar proof-of-stake assets.
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Learn about DODO Staking
How to earn rewards on DODO?
To earn a yield on your DODO, you can either lend them out to custodial providers or via a Defi lending protocol, supply liquidity with DODO token pairs, or stake Liquidity Provision tokens to earn DODO tokens. To supply liquidity on DODO, you first need to ensure you have DODO in your wallet (e.g. Trust Wallet if it’s on Aurora) and then follow the steps below.
Step 1: Go to the DODO Earn page, select “Liquidity”.
Step 2: Click “Add Liquidity”, and select the a DODO token pair, click the “+”.
Step 3: Click “Add” and approve the transaction in your wallet.
What is DODO?
DODO is the native token of DODO DEX, which is issued on Ethereum and has been mapped to other blockchains such as BSC, Arbitrum, Polygon and Aurora.
Token Utilities:
- Governance: DODO holders have the proposal and voting rights.
- Subscription shares: DODO holders can obtain subscription shares for IDO and crowdfunding on the DODO platform.
- Discount: DODO holders enjoy discounts on transaction fees.
What are the tokenomics of DODO?
The supply of PLY is capped at 1 billion.
Initial Distribution Breakdown
- 15% (150,000,000) – Core Team / Future Recruitment / Advisors
- 16% (160,000,000) – Investors
- 1% (10,000,000) – Initial Liquidity Provisions (IDO)
- 8% (80,000,000) – Operations / Marketing / Partners
- 60% (600,000,000) – Community Incentives