check out their medium. $5,000,000 in VC funding at a $50,000,000 valuation and the math behind this project is insane.
This is unironically game changing for Defi
a scam is scam
have you looked at any of their work? Their medium has ridiculously comprehensive explanations, impermanent loss is provable less than half that seen on UniSwap. They have single token liquidity provision. AND they are already on the top farms list on gecko in like 1 day of launching
I'm all in foundation vc invested
>Venture Capital
>impermanent loss is provable less than half that seen on UniSwap
That doesn't sound like "No Impermanent Loss"
So the project makes false claims.
and they've literally had 2 audits already
uniswap SUCK MY BALLS 99% author not worth even look....
I misspoke... theres no impermanent loss as its uni-token liquidity, there are other forms loss at play but total risk is less than half uniswap:
medium . com/@dodo.in.the.zoo/introducing-dodo-10x-better-liquidity-than-uniswap-852ce2137c57
>DODO Breeder
Just checked it out they use oracles
And not even chainlink at that. So in addition to frontrunning loss (which Bancor V2 had because they took a similar (better) approach) you will also be getting the risk of an oracle malfunction.
Cool scam pajeets. I'll wait for Bancor V2.1
Yawn...just another liquidity providing AMM shit. Invest in new stuff anons, not rehash of the same shit.
>ridiculously comprehensive explanations
Thats how scams operate - they bamboozle you with numbers lol
its the first PMM not AMM. Actually read their medium then come back
im doing just fine, and just $6m market cap.
>its the first PMM not AMM
PMM is a marketing term they are using to differentiate themselves from other AMMs. This is an AMM using a different constant product formula.
the PMM comes from using oracles to allow for single token liquidity provision. Its more competitive with human market making than AMM
>it's not a tablet it's an iPad Pro
Again, PMM is just their marketing term for their type of automated money market (AMM) product. Bancor is also an AMM that uses oracles.
Can't wait until this scam rugpulls so we can finally say it's as dead as a dodo
Somebody already pointed out that dodo is from same scammer group than all yfi shitclones, you can find excel file from r/cryptomoonshots.
Bancor is doing no IL this month as well and it will stomp on Dodo
lmao I dont get haters, you guys are going to miss out and be back crying
Haters are accumulators
Their "no IL" is a stupid meme and oracle accuracy is too low, LPs have been getting fucked. Non 50/50 pools like on Balancer is a better alternative.
Bancor v2.1 is so far superior to this. I cannot imagine why anyone would buy dodo, unless they literally are one.
Im not hating, I even held Dodo for a minute. Im just telling you. Bancor is going to suck up all the liquidity and Dodo will shrivel and die.
Single token staking (no more pairs) AND no IL. Dodo is gonna have to play ball with a giant and it wont work because liquidity attracts more liquidity. Blackhole effect
fuck off pajeet
Superior how? Let’s see if you have anything to back your point
fuck this pajeet too
this is the next scampleforth
highschool math and 5M$ VC investment!
That text could not possibly sound any more pajeet
More liquidity, more tokens, single token exposure, no IL, bigger name, larger marketcap, better rewards, etc etc.