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Dodo Price (DODO)
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Dodo Price (DODO)
Market Cap
Rank #158
Website
Source Code
About Dodo
DODO is a protocol of the Chinese Decentralized Finance Provider (Defi), which has a unique proactive market maker (PMM) algorithm designed to provide more liquidity and price stability than automated market manufacturers (AMM).
Through its first DODO (IDO) offer, DODO will also be able to provide a free ICO listing for new cryptographic projects that require issuers to deposit their tokens only. DODO's intelligent contract functions on Ethereum's network as an ERC20 token.
Dodo Price INR History
| Time | Price in INR | Change in % |
|---|---|---|
| 2021-04-01 | 296.33 | 0.71% | 2021-01-01 | 12.22 | -5.96% | 2020-12-01 | 16.95 | -4.01% | 2020-10-01 | 39.30 | -1.16% |
Dodo Price History and Analysis
Dodo Price in India (DODO Price in INR)
DODO is a decentralised protocol that relies on a single point of failure to withstand centralised network attacks. PeckShield, a blockchain security company, audited the intelligent contracts of DODO on 10 July 2020.
DODO is one of the most competitive liquidity providers offering meagre transaction rates and price slippage through its first in April 2020 PMM algorithm. Due to the flatter price curve, the team claims its PMM algorithm offers higher pricing than AMM Uniswap. It ensures better pricing, increased use of the funds and lower prices, individual risk exposure and no permanent losses.
Dodo Token Price in India (DODO to INR) in 2020
The price of DODO Token remained in the range of 14 to 30 INR from October to December in 2020. An all-time high price for DODO Token was recorded on 7 October with the cost of 47.44 INR.
Dodo Token Price in India (DODO to INR) in 2021
The price of DODO Token jumped rapidly from 12.22 INR to 114 INR within a month difference and started to rally in forthcoming months. On 22 February, saw an all-time high record of 501.22 INR.
Dodo Features
Liquidity Protocol
DODO is a liquidity protocol built to support capital efficiency through the Proactive Market Maker (PMM) algorithm.
Contract-Fillable Liquidity
The liquidity of the DODO is comparable to the centralised (Cass)
Price Discovery
DODO offers a pain-free mechanic for long-tail assets, low barriers to access
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