-
Bitcoin $84,573.6171
4.71% - Ethereum
$1,935.5841
4.58% - Tether USDt
$1.0001
0.04% - XRP
$2.3499
3.91% - BNB
$585.4788
1.23% - Solana
$133.9536
8.99% - USDC
$1.0000
0.01% - Cardano
$0.7363
4.64% - Dogecoin
$0.1712
3.98% - TRON
$0.2213
-1.04% - Pi
$1.5256
-7.16% - Chainlink
$14.5391
12.57% - UNUS SED LEO
$9.7936
0.80% - Stellar
$0.2752
1.56% - Hedera
$0.1939
3.74% - Avalanche
$19.0583
4.24% - Sui
$2.3577
9.85% - Shiba Inu
$0.0...01263
5.43% - Toncoin
$2.8970
5.66% - Litecoin
$91.9184
5.88% - Bitcoin Cash
$330.1428
0.69% - Polkadot
$4.1951
7.46% - MANTRA
$6.2809
-1.25% - Ethena USDe
$0.9998
0.02% - Dai
$1.0000
-0.01% - Bitget Token
$4.4396
6.90% - Hyperliquid
$14.4502
12.14% - Monero
$208.8936
1.57% - Uniswap
$6.0756
4.73% - NEAR Protocol
$2.6467
4.64%
What is DODO coin? What can DODO coins do? How to store DODO coins?
DODO coin serves multiple purposes on the DODO DEX, including governance participation, earning rewards through staking, and facilitating transactions by covering fees.
Nov 04, 2024 at 10:18 am
What is DODO coin?
DODO coin is the native token of the DODO decentralized exchange (DEX). It is used for governance, staking, and paying for transaction fees on the DEX. DODO coin is an ERC-20 token that runs on the Ethereum blockchain.
What can DODO coins do?
DODO coins can be used for the following purposes:
- Governance: DODO coin holders can participate in the governance of the DODO DEX by voting on proposals that affect the DEX's development.
- Staking: DODO coin holders can stake their coins to earn rewards. Staking helps to secure the DODO network and earn rewards for doing so.
- Paying for transaction fees: DODO coins can be used to pay for transaction fees on the DODO DEX.
How to store DODO coins?
DODO coins can be stored in any ERC-20 compatible wallet. Some popular wallets that support DODO coins include:
- MetaMask
- Coinbase Wallet
- Trust Wallet
- Ledger Nano X
- Trezor Model T
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- GENIUS Act to Regulate Payment Stablecoins Passes US Senate Banking Committee
- 2025-03-15 03:30:54
- The Best Wallet Token ($BEST) Raised $11 Million in Presale
- 2025-03-15 03:30:54
- ⚡ $XRP /USDT – Key Resistance in Sight! Can Bulls Push Higher? ⚡
- 2025-03-15 03:30:54
- The official House of Representatives portrait of Mink, circa 1994.
- 2025-03-15 03:30:54
- Pepe (PEPE) Coin Price Recovers After Whales Purchased the Dip
- 2025-03-15 03:30:54
- Rexas Finance (RXS) Prepares to Outpace Cardano (ADA) by Delivering 38x Returns
- 2025-03-15 03:30:54
Related knowledge
What does "composability" mean in DeFi?
Mar 14,2025 at 12:36pm
Key Points:Composability in DeFi refers to the ability of different decentralized finance (DeFi) protocols to interact and combine seamlessly, creating novel financial products and services.This interoperability is a core tenet of the DeFi ecosystem, fostering innovation and efficiency.Understanding composability requires exploring its mechanisms, benef...
What is token economics in DeFi?
Mar 14,2025 at 03:20am
Key Points:Token economics in DeFi defines how tokens are used to incentivize and govern decentralized finance (DeFi) protocols.It encompasses token utility, distribution mechanisms, and economic models designed to ensure sustainability and growth.Understanding token economics is crucial for evaluating the long-term viability and potential risks of DeFi...
How are transaction fees calculated in DeFi?
Mar 14,2025 at 04:25am
Key Points:DeFi transaction fees vary significantly depending on the specific protocol, network congestion, and the complexity of the transaction.Gas fees, a crucial component, are paid in the native token of the blockchain (e.g., ETH on Ethereum).Factors influencing gas fees include the type of transaction, data size, and network demand.Protocols often...
What is a cross-chain bridge? What is its role in DeFi?
Mar 14,2025 at 10:00am
Key Points:Cross-chain bridges facilitate the transfer of assets between different blockchains.They are crucial for DeFi's interoperability, allowing users to access diverse applications and liquidity pools across various networks.Several types of cross-chain bridges exist, each with its own security and scalability trade-offs.Understanding the risks as...
What is the role of governance tokens in DeFi?
Mar 13,2025 at 07:10pm
Key Points:Governance tokens grant holders voting rights on platform decisions.They incentivize community participation and platform development.Voting power is typically proportional to token holdings.Governance proposals can range from protocol upgrades to fee adjustments.They are crucial for decentralized decision-making in DeFi.Risks include manipul...
How does DeFi leverage blockchain technology?
Mar 13,2025 at 01:20pm
Key Points:DeFi applications rely on smart contracts for automation and trustlessness.Blockchain's immutability and transparency ensure secure and verifiable transactions.Decentralized exchanges (DEXs) offer peer-to-peer trading without intermediaries.Lending and borrowing platforms utilize blockchain for collateralization and risk management.DeFi proto...
What does "composability" mean in DeFi?
Mar 14,2025 at 12:36pm
Key Points:Composability in DeFi refers to the ability of different decentralized finance (DeFi) protocols to interact and combine seamlessly, creating novel financial products and services.This interoperability is a core tenet of the DeFi ecosystem, fostering innovation and efficiency.Understanding composability requires exploring its mechanisms, benef...
What is token economics in DeFi?
Mar 14,2025 at 03:20am
Key Points:Token economics in DeFi defines how tokens are used to incentivize and govern decentralized finance (DeFi) protocols.It encompasses token utility, distribution mechanisms, and economic models designed to ensure sustainability and growth.Understanding token economics is crucial for evaluating the long-term viability and potential risks of DeFi...
How are transaction fees calculated in DeFi?
Mar 14,2025 at 04:25am
Key Points:DeFi transaction fees vary significantly depending on the specific protocol, network congestion, and the complexity of the transaction.Gas fees, a crucial component, are paid in the native token of the blockchain (e.g., ETH on Ethereum).Factors influencing gas fees include the type of transaction, data size, and network demand.Protocols often...
What is a cross-chain bridge? What is its role in DeFi?
Mar 14,2025 at 10:00am
Key Points:Cross-chain bridges facilitate the transfer of assets between different blockchains.They are crucial for DeFi's interoperability, allowing users to access diverse applications and liquidity pools across various networks.Several types of cross-chain bridges exist, each with its own security and scalability trade-offs.Understanding the risks as...
What is the role of governance tokens in DeFi?
Mar 13,2025 at 07:10pm
Key Points:Governance tokens grant holders voting rights on platform decisions.They incentivize community participation and platform development.Voting power is typically proportional to token holdings.Governance proposals can range from protocol upgrades to fee adjustments.They are crucial for decentralized decision-making in DeFi.Risks include manipul...
How does DeFi leverage blockchain technology?
Mar 13,2025 at 01:20pm
Key Points:DeFi applications rely on smart contracts for automation and trustlessness.Blockchain's immutability and transparency ensure secure and verifiable transactions.Decentralized exchanges (DEXs) offer peer-to-peer trading without intermediaries.Lending and borrowing platforms utilize blockchain for collateralization and risk management.DeFi proto...
See all articles
