$DODO After 5 months of building, we are thrilled to announce DODOchain, an Omni-Trading Layer3, Powered by Arbitrum Orbit, EigenDA and AltLayer. DODOchain stands as the pioneering Layer3 solution, seamlessly bridging Layer2âs of Bitcoin and Ethereum, with a focus on consolidating liquidity from diverse chains into one place.
Trade tokens and increase earnings by restaking, all on the DODOchain â the rollup-level liquidity layer.
From Multichain to Omnichain
DODO, launched in August 2020, featured a unique Proactive Market Maker algorithm and has since expanded to include features like Swap Aggregator DODOX, Limit Orders, and Crosschain Swap Aggregator. Deployed on 14 blockchains, including Ethereum, Arbitrum, Polygon, BNB Chain, and more.
Facing challenges like fragmented liquidity and complex multichain operations in Layer 2 solutions, Our team proposes an innovative solution â DODOchain to achieve interconnectedness across all chains.
The Rollup-Level Liquidity Layer
The future of blockchain revolves around addressing highly specialized use cases, which drives the concept of a third on-chain layer, Layer3. This layer focuses on custom functions and improving cross-chain interoperability, acting as a bridge between diverse blockchain ecosystems like Ethereum, Bitcoin, and Solana to facilitate seamless data and transaction flows. By supporting greater transaction throughput and reducing network fees, Layer3 enhances transaction efficiency and achieves significant cost savings.
Among the many technical solutions, Arbitrum Orbit allows any developer to easily and permissionlessly launch their own L3 Orbit chain on Arbitrum, with the freedom to customize gas tokens, privacy, permissions, governance, and more.
This aligns perfectly with our vision and needs for building our own app-chain. The DODO team leverages Arbitrum Orbit to construct a comprehensive Layer 3 chain for cross-chain transactions, offering users faster transaction execution and confirmation, and minimal gas costs, thereby enhancing the trading experience.
