DODO Launches on Polygon Mainnet

Published on: 06.06.2021
DODO Launches on Polygon Mainnet

DODO is now live on the Polygon Mainnet, one of the fastest-growing scaling solutions for the Ethereum blockchain.

Polygon has increasingly been recognized as a leading project in the crypto space, including by influential investors such as Mark Cuban.

“We’re thrilled to have DODO on Polygon, with industry-leading features like Proactive Market Maker (PMM) and contract-fillable liquidity,” said Polygon Co-Founder Sandeep Nailwal. “We look forward to seeing how projects and users leverage the deep liquidity offered by DODO.”

Polygon is designed as a protocol and framework for building and connecting Ethereum-​compatible blockchain networks. These connections have the potential to unleash the energy and creativity being invested in Ethereum across the many chains with which it is compatible. All of this promises to greatly improve scalability, speed, and efficiency for projects across the space.

“A key part of DODO’s mission is to make liquidity widely available on fast, scalable networks,” said DODO Founder Diane Dai. “Launching on Polygon is an important milestone in our multi-chain deployment strategy, and will open the door to additional collaboration opportunities.”

What is Polygon?

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.

What is DODO?

DODO is a liquidity protocol powered by the Proactive Market Maker (PMM) algorithm and built for capital efficiency. DODO’s contract-fillable liquidity is comparable to centralized exchanges (CEXs). DODO offers a low barrier-to-entry, pain-free token issuance mechanic for long tail assets.

📰 INFO:

https://medium.com/dodoex/dodo-launches-on-polygon-mainnet-e8fc90da836e

Market Stats:
BTC Dominance: 60.43%(-0.11%/24h)
ETH Dominance: 10.51%(-0.12%/24h)
Defi Market Cap: $0B(+16.41%/24h)
Total Market Cap: $2694.88B(+0.81%/24h)
Total Trading Volume 24h: $155.05B(+6.72%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1066.27B
Altcoin Volume 24h: $113.24B
Total Cryptocurrencies: 37471
Active Cryptocurrencies: 8473
Active Market Pairs: 113632
Active Exchanges: 940
Total Exchanges: 12127
BTC: 81327.32$(0.03%/1H)
ETH: 2347.77$(0.03%/1H)
AVAX: 9.6$(0.01%/1H)
BNB: 647.18$(-0.07%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.27$(0.1%/1H)
DOT: 1.31$(0.1%/1H)
UNI: 3.46$(0%/1H)
CAKE: 1.57$(-0.09%/1H)
SUSHI: 0.23$(0.34%/1H)
ONE: 0$(-0.11%/1H)