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What is the issue price of DODO coins? Introduction to the issue price and issue quantity of DODO coins

DODOCoin, the native token of the PMM-based DEX Dodo, was publicly issued on November 30, 2020, at $0.052 per DODO, raising $5.2 million.

Oct 31, 2024 at 03:16 am

DODOCoin Issue Details

1. Token Name: DODO Coin

2. Token Symbol: DODO

3. Issue Price

  • Public Sale: $0.052 per DODO
  • Private Sale: $0.04 per DODO

4. Issue Quantity

  • Public Sale: 100,000,000 DODO
  • Private Sale: 50,000,000 DODO
  • Total Issued: 150,000,000 DODO

5. Fundraising Details

  • Blockchain: Ethereum
  • Token Type: ERC-20
  • Public Sale Date: November 30, 2020
  • Amount Raised: $5.2 million

About DODO Coin

DODOCoin is the native utility token of the decentralized exchange (DEX) Dodo. The DEX operates on the "proactive market making (PMM)" model, which uses a new automated market maker (AMM) algorithm to provide traders with improved liquidity and reduced slippage.

DODOCoin plays a crucial role within the Dodo ecosystem:

  • Governance: DODO holders can participate in governance decisions through voting proposals.
  • Fees: Transaction fees on the DODO DEX are paid in DODO.
  • Rewards: DODO stakers can earn rewards through the liquidity mining program.
  • Collateral: DODO is used as collateral to open trading positions on the DEX.

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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