DODO

About

DODO is the token from the Defi protocol DODOEx that serves as a decentralized exchange platform. They propose a new innovative mechanism called Proactive Market Maker (PMM) algorithm instead of the typical Automated Market Makers (AMM), with the goal of being more capital-efficient for the liquidity pools that support single-token provision, to reduce impermanent loss, and minimize slippage for traders.