DODO Review by Rmosvt1

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Rmosvt1

Iryna

new market creation strategyHigh
07 Feb 2024
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DODO

DeFiSwapping

An Innovative Algorithm-Driven and Decentralized

DODO is a decentralized liquidity provider. But it uses a new market creation strategy. The new algorithm is very different from the popular AMM approach on DEX or Defi platforms such as Uniswap, Sushiswap... In the DeFi context, AMM faces the challenge of solving problems such as price slippage and infinite losses. often. Therefore, platforms like DODO are using a refined formula called proactive market maker (PMM), which provides minimal slippage, so when users trade on DODO they will be able to Customize a lot of slippage and these slippage levels are relatively low.

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