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

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

CointimeCointime2023/11/30 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%.

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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.

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