What is DODO (DODO)

1. Project Introduction
DODO is a decentralized trading platform driven by the Proactive Market Maker (PMM) algorithm, offering highly capital-efficient liquidity pools. It supports single-sided liquidity provision, minimizes impermanent loss, and reduces slippage during trades. DODO also features SmartTrade, a decentralized liquidity aggregator that intelligently routes trades for optimal pricing. Additionally, DODO provides innovative solutions like Crowdpooling and customizable liquidity pools, making it easy for new assets to establish liquidity.
2. Team & Investment Info
Team:
Lei Da Xiong: Co-founder & CEO, former smart contract engineer at DDEX.
Dai Shichao: Co-founder & CMO, with prior roles at ZhenFund, DDEX, and 36Kr.
Wang Qi: Co-founder & COO, founder of Metrics Ventures and co-founder of DOS Network, with experience at Pure Storage and Oracle.
Funding:
September 2020: $600,000 seed round led by Framework Ventures with participation from DeFiance Capital and notable investors like Robert Leshner (Compound founder).
October 2020: $5 million private round led by Pantera Capital, Three Arrows Capital, and Binance Labs.
3. Social Media URLs
X: https://x.com/BreederDodo
Telegram: https://t.me/dodoex_official
Discord: https://discord.com/invite/tyKReUK
4. Token Info
Token Symbol: DODO
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://etherscan.io/token/0x43dfc4159d86f3a37a5a4b3d4580b888ad7d4ddd
Token Distribution:
Core Team/Future Hiring/Advisors: 15% (1-year lock-up, released over 2 years).
Investors: 16% (seed investors: 1-year lock-up; private investors: 6-month lock-up).
Initial Liquidity (IDO): 1% (fully released).
Operations/Marketing/Partnerships: 8%.
Community Incentives: 60% (no lock-up).
5. Related Links
Official Website: https://dodoex.io/
White Paper: https://docs.dodoex.io/en/home/what-is-dodo
LinkedIn: https://www.linkedin.com/company/dodoex/
Other Info: https://www.rootdata.com/Projects/detail/DODO?k=NTUw