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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
1. Token Name: DODO Coin
2. Token Symbol: DODO
3. Issue Price- Public Sale: $0.052 per DODO
- Private Sale: $0.04 per DODO
- Public Sale: 100,000,000 DODO
- Private Sale: 50,000,000 DODO
- Total Issued: 150,000,000 DODO
- Blockchain: Ethereum
- Token Type: ERC-20
- Public Sale Date: November 30, 2020
- Amount Raised: $5.2 million
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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