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🙌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.
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DODO Intern
62 posts
DODO Intern
@dodo_intern
@BreederDodo product update & industry trends. https://t.co/auqMVjcddH
on-chain Katılım Mayıs 2023
11 Takip Edilen83 Takipçiler
DODO Intern retweetledi
@BreederDodo is a decentralized trading protocol powered by the Proactive Market Making (PMM) algorithm.
DODO is using the subscription button for new product updates, incentive campaigns, and governance proposals.
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DODO Intern retweetledi
🔔Subscribe to #DODO via go.cb-w.com/messaging?&dis…!
🧐Get to know our newest updates by receiving notification in @CoinbaseWallet.
Base App@baseapp
@BreederDodo is a decentralized trading protocol powered by the Proactive Market Making (PMM) algorithm. DODO is using the subscription button for new product updates, incentive campaigns, and governance proposals.
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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.
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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.
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🙌Happy Friday!📕
👂What’s a Blockchain Bridge?
😃To understand what a blockchain bridge is, you need to first understand what a blockchain is.
👇
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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
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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.
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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.
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🙌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.
English
👀DODO co-founder @0xdai2 having a panel discussion with the co-founders of @ManesLAB, @DRK_Lab, and @BuidlerDAO. #EDCON2023 #Montenegro
Montenegro 🇲🇪 English
DODO Intern retweetledi
I hope you enjoyed this small intro and stay tuned for more updates👀
/end🧵
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😧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?
🧵👇
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