Dodo is a decentralized exchange (DEX) that facilitates seamless trading of both fungible and non-fungible tokens (NFTs) across various blockchain networks.
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Dodo, a decentralized exchange and on-chain liquidity provider, was introduced in August 2020. It utilizes a proactive market maker (PMM) pricing mechanism to obtain precise market prices for various crypto assets. Dodo asserts that PMM surpasses automated market makers (AMM) in terms of liquidity and price stability.
Operating as an ERC-20 token on the Ethereum blockchain, Dodo’s smart contract enables the seamless trading of a diverse array of crypto assets, including NFTs, across multiple blockchains.
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