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The DODO community voted to approve the proposal to allocate 10 million DODO to encourage BTC trading pairs on Select Chains.

2024-07-23 11:16
Odaily News The Snapshot page shows that the DODO community has voted to approve the proposal to "allocate 10 million DODO to incentivize BTC trading pairs on Select Chains." This move aims to leverage DODO's Pegged Asset Pool to increase liquidity, attract large trading volumes, and generate revenue that can make up for the incentives provided. In addition, the strategy supports DODOchain's role as a liquidity settlement layer, facilitating future BTC transactions and creating more value for DODO holders.