DODO Intern

@BreederDodo product update & industry trends.

[DODO Intern @dodo_intern]

🧵1/7
🙌When you own synthetic assets, how do you want to provide them with liquidity?
👉Synthetic assets are a large class of assets that anchor their price to a certain target through various mechanisms.

[Base App @baseapp]

@BreederDodo is a decentralized trading protocol powered by the Proactive Market Making (PMM) algorithm.

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[DODO @BreederDodo]

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[DODO Intern @dodo_intern]

4/ In the blockchain space, where there are many distinct protocols, blockchain bridges are essential to enabling a similar ease of exchanging data and value.

[DODO Intern @dodo_intern]

🙌Happy Friday!📕
👂What’s a Blockchain Bridge?
😃To understand what a blockchain bridge is, you need to first understand what a blockchain is.
👇

[DODO Intern @dodo_intern]

3/ Blockchain bridges enable what is called interoperability, meaning that digital assets and data hosted on one blockchain can interact with another. Interoperability is the cornerstone of the internet: Machines worldwide use the same set of open protocols to talk to each other.

[DODO Intern @dodo_intern]

Day n night 🔄
Most people seem to trade his coins at night 🎵
Make your #DODO match your trading habits with light/dark mode toggle 🌝
#DEX #Crypto #blockchain #DeFi

[DODO Intern @dodo_intern]

7/7 Real Life Examples:
DODO maintains a Pegged Pool for DAI-USDT. This pool can often have a daily turnover rate of 50% to 100%, which is 5 to 10 times higher than competing products.
/end🧵

[DODO Intern @dodo_intern]

🧵1/7
🙌When you own synthetic assets, how do you want to provide them with liquidity?
👉Synthetic assets are a large class of assets that anchor their price to a certain target through various mechanisms.

[DODO Intern @dodo_intern]

6/7 Note: Parameters Cannot be Modified.
The market between the synthetic asset and the target token is usually very stable, and in order to give users reliable expectations, the parameters of the Pegged Pool cannot be changed once set.

[DODO Intern @dodo_intern]

@BreederDodo @0xdai2 @ManesLAB @DRK_Lab @BuidlerDAO

[Dai Dai² 🐣🦎 @0x_daidai]

meet the dodo team at @EDCON2023

[DODO Intern @dodo_intern]

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[Provenance by Clique @Provenance2046]

1/n
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[DODO Intern @dodo_intern]

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[DODO Intern @dodo_intern]

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[DODO Intern @dodo_intern]

I hope you enjoyed this small intro and stay tuned for more updates👀
/end🧵

[DODO Intern @dodo_intern]

😧Many #Memecoins owners face the following problems when using AMMs to provide liquidity:
1⃣You must have project-side tokens to provide liquidity.
2⃣Buying project-side tokens requires good liquidity.
🧐How to solve it?
🧵👇

[DODO Intern @dodo_intern]

8. very easy to operate🥳