The Case of Pig Token Finance and Why It’s Causing Ripples in the Crypto Space
The growth of the cryptocurrency and blockchain industry can only be described as phenomenal. But while it was somehow predictable that cryptocurrencies would bring a lot of disruptions, especially after Bitcoin took off at the core global financial crisis, no one anticipated cryptocurrencies with crazy names and ideas could cause much disruption as they do today.
DODO is a decentralized exchange (DEX) built on Ehereum and Binance Smart Chain. DODO leverage the Proactive Market Maker (PMM) algorithm to make DeFi liquidity more accessible. The permissionless protocol consists of products including Crowdpooling/Initial DEX Offering (IDOs), SmartTrade trading and aggregation, pools, and mining.
IDEX is a cross-chain, hybrid, decentralized exchange (DEX) protocol that allows peer-to-peer crypto trading through self-custody wallets. Unlike many DEXes that deploy automated market makers (AMM), IDEX utilizes the order book. Currently, the protocol operates on the Ethereum network and Binance Smart Chain (BSC).