DODO proposes to migrate 2 million tokens to Scroll and invest $100,000 in development funds

Bitget App

Trade smarter

Cointime2023/11/30 13:39

By:Cointime

On November 30th, DODO recently released the DIP-17 proposal, announcing plans to migrate 2 million DODO tokens to the zkEVM Layer 2 solution Scroll. The aim is to use Scroll's advanced technology to provide greater scalability and performance for DODOX - DODO's cross-chain DEX aggregator. At the same time, the proposal also includes the allocation of $100,000 from the DODO Community Fund, aimed at promoting Scroll's trading volume and user participation through an ecosystem incentive program based on liquidity and transaction volume, thereby promoting the continued growth and sustainability of the community fund.
The proposal is now open for voting and will end at 5:00 pm on December 4th, with a current approval rate of 100%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Capital flows are shifting from bitcoin to ether, with derivatives market activity signaling growing confidence in ether’s near-term upside, analysts said.Ether has surged over 6% while in the past 24 hours, while bitcoin saw a slight decline, as open interest and demand for call options hit record highs for the second-largest cryptocurrency by market cap.

The Block•2024/11/25 18:00

WisdomTree registers XRP ETF entity in Delaware: report

WisdomTree, an issuer of exchange-traded funds, registered an XRP ETF entity in Delaware.The move signals that the fund manager will likely file an S-1 registration with the SEC.

The Block•2024/11/25 18:00