Announcing $5M Funding Led by Pantera Capital, Three Arrows Capital, Binance Labs and Joined by…
Summary
The majority of our investors are venture capitals, cryptocurrency exchanges, and trading firms. DODO is currently one of the most competitive liquidity providers, offering almost the lowest transaction costs and slippage. The true potential of the proactive market maker (PMM) algorithm is yet to be fully unlocked. The most important yardstick for DODO’s success is organic trading volume, which is instrumental and fundamental to effective market making strategies. In order to facilitate more organic growth in volume, top priorities for the DODO team for the next six months are price oracle optimizations, on-chain institutional market making strategies, trading experience and efficiency, and self-serve and permissionless products for IDO projects.