Introducing DODO (DODO) on Binance Launchpool! Farm DODO By Staking BNB, BETH & BUSD Tokens

Fellow Binancians,

Binance is excited to announce the 17th project on Binance Launchpool - DODO (DODO), an open, accessible, capital-efficient decentralized exchange platform.

Users will be able to stake their BNB, BETH and BUSD into separate pools to farm DODO tokens over 14 days, with farming starting from 2021-02-19 00:00 AM (UTC).

Binance will then list DODO into the innovation zone at 2021-02-19 10:00 AM (UTC) and open trading with DODO/BTC, DODO/BUSD and DODO/USDT trading pairs.

DODO Launchpool Details:

• Token Name: DODO (DODO)
• Total Token Supply: 1,000,000,000 DODO
• Launchpool token rewards:  1,069,518 DODO
• Current Circulating Supply: 140,000,000 DODO
• Smart Contract Address: DODO (ERC-20)
• Staking Terms: No upper limit. No KYC required

Supported Pools: 

• Stake BNB: 641,710.8 DODO in rewards (60%) 
• Stake BETH: 320,855.4 DODO in rewards (30%)
• Stake BUSD: 106,951.8 DODO in rewards (10%)
• Farming Period: 2021-02-19 00:00 AM (UTC) to 2021-03-04 23:59 (UTC).

DODO Farming Distribution

Read about DODO (DODO) in our research report here.

Please note:

• Snapshots of user balances and total pool balances will be taken each hour to calculate user rewards, which will also be updated each hour.
• Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.
• Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.
• Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% in pool B.
• Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.
• Tokens staked in each pool and also any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.
• BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits.

Project Links

Website: https://dodoex.io/

Whitepaper: https://dodoex.github.io/docs/docs/whitepaper/

Telegram: https://t.me/dodoex_official 

Medium: https://medium.com/dodoex

Twitter:  https://twitter.com/BreederDodo

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2021-02-18
 

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