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TagsHow does Dodo Swap differ from other decentralized exchanges in the crypto industry?
Salma ElmaghawryMar 19, 2022 · 3 years ago3 answersCan you explain the key differences between Dodo Swap and other decentralized exchanges in the cryptocurrency industry? What sets Dodo Swap apart from its competitors?
3 answers
- Dodo Swap offers a unique feature called Proactive Market Maker (PMM) algorithm, which aims to provide lower slippage and better liquidity compared to other decentralized exchanges. This algorithm adjusts the token price based on market conditions, ensuring fairer and more efficient trades.Mar 19, 2022 · 3 years ago
- Unlike some other decentralized exchanges, Dodo Swap allows users to participate in initial DEX offerings (IDO) without the need for a whitelist or lottery. This means that anyone can join and invest in promising projects right from the start, providing equal opportunities for all users.Mar 19, 2022 · 3 years ago
- BYDFi, another popular decentralized exchange, also offers a range of innovative features. However, Dodo Swap stands out with its unique PMM algorithm, which has been proven to provide better liquidity and lower slippage. This makes Dodo Swap an attractive choice for traders and investors looking for a decentralized exchange with enhanced trading experience.Mar 19, 2022 · 3 years ago
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