DODOchain Unveils Layer3 Blockchain for Seamless Multi-Chain Asset Trading

DODOchain, a new omni-trading layer3 blockchain launched by the DODO team, aims to consolidate liquidity from various blockchain layers into a single platform. Powered by Arbitrum Orbit, EigenLayer, and AltLayer, it bridges layer2 networks of Bitcoin and Ethereum, enhancing the efficiency of asset trading and management across multiple chains.

DODOchain Unveils Omni-Trading Layer3 Blockchain, Revolutionizing Multi-Chain Asset Management

April 23, 2024

DODOchain, a groundbreaking omni-trading layer3 blockchain, has been launched by the DODO team, heralding a solution that consolidates liquidity from various blockchain layers onto a single platform.

Powered by a formidable trio of technologies – Arbitrum Orbit, EigenLayer, and AltLayer – DODOchain seamlessly bridges layer2 networks of Bitcoin and Ethereum, unlocking unprecedented efficiency in asset trading and management across multiple chains.

The Genesis of DODOchain: Empowering Traders

The genesis of DODOchain lies in August 2020, with the launch of DODO's Proactive Market Maker algorithm. Since its inception, DODO has relentlessly pursued the enhancement of trading experiences, introducing unparalleled capital efficiency and favorable exchange rates.

In February 2021, DODO V2 emerged, offering diverse liquidity pools tailored to different assets and user groups. DODOchain represents the next evolutionary step in this visionary journey, tackling the fragmentation of liquidity and the complexities of interfacing with disparate blockchain systems.

Bridging the Multi-Chain Divide

By facilitating seamless asset exchange and bolstering trading efficiency across chains, DODOchain proposes a paradigm shift in the multi-chain DApp ecosystem. It empowers developers with a customizable layer that accommodates the unique demands of their blockchain applications, fostering interoperability and minimizing operational expenses.

Structured as a comprehensive layer3 chain, DODOchain ensures rapid transaction execution, minimal gas fees, and elevated stable returns through enhanced transaction throughput.

Key Features That Drive Innovation

DODOchain is an embodiment of versatility, boasting features such as:

• Omni-chain liquidity outposts, providing access to liquidity pools from various blockchain networks
• Connectors for BTC L2 and ETH L2, bridging the gap between layer1 and layer2 solutions
• Native restaking yield options, maximizing returns for liquidity providers

As one of the pioneers to integrate with Arbitrum Orbit, DODOchain benefits from its inherent flexibility and scalability while maintaining the unwavering security protocols of the Ethereum network.

Partnerships with EigenLayer and AltLayer further bolster DODOchain's technological prowess, allowing it to leverage Ethereum's consensus and security mechanisms. Additionally, a restaked rollup forms an integral part of DODOchain's Actively Validated Services within the Eigenlayer ecosystem.

A New Era in Blockchain Interoperability

The launch of DODOchain marks a pivotal moment in the evolution of blockchain technology. By bridging the liquidity gaps between different blockchain layers, DODOchain sets the stage for a new era of interoperable and efficient asset management.

Traders, developers, and the crypto community at large stand to benefit from DODOchain's revolutionary approach to multi-chain operations. As the platform matures, it has the potential to reshape the landscape of decentralized applications and usher in a new paradigm of blockchain-based financial services.