How to Use DODO
Last updated
Last updated
Introduction
DODO is a new generation of on-chain liquidity decentralized exchange platform. It is powered by the new protocol, which can realize a flexible on-chain market-making strategy. It mainly relies on Proactive market maker (PMM) algorithm to provide everyone with pure on-chain and fulfillable contract liquidity. So, DODO is a high-quality, sustainable and user-friendly DeFi product for the market.
DODO is one of the early supporters of Binance Smart Chain (BSC). It will bring better experience to decentralized exchange platforms (DEX) with cooperation of BSC in the future. Meanwhile, DODO also attracts new crypto projects with a free listing as an Initial DODO Offering (IDO) in BSC, making liquidity markets easier for users from CeFi to enter.
Tutorial
Firstly, launch TokenPocket Wallet App and switch to the BSC wallet. Then, click【Discover】in the bottom to open【DODO】in the recommended position, or type ‘DODO’ in the top search bar to enter.
Secondly, the UI of DODO is very simple and easy to operate. There are only two functions which are【Trade】and【Pool】respectively. And【Trade】is for users to do trading. Now, it supports KOGE-BNB and BNB-BUSD pairs. Click the drop-down menu to select the corresponding currency and type the purchase and sale quantity in the input box, and the exchange can be completed after authorization.
Thirdly,【Pool】can be used to add liquidity. Click the drop-down menu to select the currency, and you can perform the "Deposit" and "Withdraw" operations. Enter the quantity in the input box, and the liquidity can be added after authorization.
This tutorial is only for the DApp in the wallet side of the operation guide, does not represent the investment advice of TokenPocket. Investing involves risks, you should be fully aware of the risks and make your own investment decisions.