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What is the issue volume of DODO coins? An article introduces the application scenarios of DODO coins
The initial issue volume of DODO coins was 250 million, representing 25% of the total supply of 1 billion DODO coins.
Nov 01, 2024 at 08:28 am

What is the Issue Volume of DODO Coins?
1. DODO Coin Profile:
DODO (DODO) is a decentralized trading protocol that utilizes a unique Proactive Market Maker (PMM) algorithm. It aims to provide deep liquidity and low slippage for traders in various cryptocurrencies.
2. Issue Volume:
The total supply of DODO coins is 1 billion. Out of this, 250 million DODO were issued initially through a public token sale in February 2021.
3. Token Allocation:
- Public sale: 25% (250 million DODO)
- Ecosystem incentives: 50% (500 million DODO)
- Team and advisors: 15% (150 million DODO)
- Private sale: 2% (20 million DODO)
- Market making: 8% (80 million DODO)
4. Use Cases of DODO Coins:
DODO coins have several utility cases within the DODO ecosystem, including:
- Staking: Staking DODO coins allows holders to earn rewards and contribute to the security of the network.
- Mining: Users can mine new DODO coins by providing liquidity to the DODO pools.
- Governance: DODO coin holders have voting rights to propose and vote on changes to the protocol.
- Transaction fees: DODO coins are used to pay transaction fees on the DODO exchange.
- Rebates: Liquidity providers receive rebates in DODO coins for their contributions.
- Early access: DODO coin holders gain access to new features and initiatives within the ecosystem.
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.
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