Bitcoin Economy
Why DODO (DODO) crypto is catching investors’ attention?
by Ya Msn Stock Exchange Informer
Ya Msn 
Stock Exchange Informer
DODO (DODO) crypto is primarily a DeFi protocol for Web3, which promises to offer liquidity for users to trade in multiple assets. Co-founded by Diane Dai, Radar Bear, DODO crypto with its Proactive Market Maker (PMM) algorithm, helps the liquidity providers and market makers to provide liquidity without onerous capital requirements.
The PMM model works similarly to a trader by utilising the oracles to gather accurate market prices for assets. The PMM pricing mechanism mimics human trading and operates oracles to collect precise market prices for assets.
Due to this, it reduces the slippage rates, stabilises the liquidity providers' portfolio, and reduces the chances of losses by allowing arbitrage facilities.
https://kalkinemedia.com/uk/news/cryptocurrency/why-dodo-dodo-crypto-is-...
May 31st 2022 02:45
Stock Exchange InformerDODO (DODO) crypto is primarily a DeFi protocol for Web3, which promises to offer liquidity for users to trade in multiple assets. Co-founded by Diane Dai, Radar Bear, DODO crypto with its Proactive Market Maker (PMM) algorithm, helps the liquidity providers and market makers to provide liquidity without onerous capital requirements.
The PMM model works similarly to a trader by utilising the oracles to gather accurate market prices for assets. The PMM pricing mechanism mimics human trading and operates oracles to collect precise market prices for assets.
Due to this, it reduces the slippage rates, stabilises the liquidity providers' portfolio, and reduces the chances of losses by allowing arbitrage facilities.
https://kalkinemedia.com/uk/news/cryptocurrency/why-dodo-dodo-crypto-is-...May 31st 2022 02:45
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