Since the implementation of DIP-3 on July 8, 2021, the DODO platform has been operating under a new trading fee distribution system, where 80% of the trading fees are distributed to the liquidity providers (LPs), 15% is used to buy back DODO tokens (to then be distributed to vDODO holders as vDODO), and the remaining 5% will be used to fund a community treasury.
Buyback and Transaction Records
The second DODO Buyback has been completed as follows:
- Trading fees accrued on BSC were exchanged for a total of 41,321 USDT, and they were then cross-bridged to the Ethereum mainnet. The transaction hash is as follows: Ethereum Transaction Hash (Txhash) Details | Etherscan
- 44,350 DODO tokens were brought back with a total of 103, 917 USDT. The transaction hash is as follows: Ethereum Transaction Hash (Txhash) Details | Etherscan
- These 44,350 DODO tokens were then transferred to the vDODO smart contract. The transaction hash is as follows: Ethereum Transaction Hash (Txhash) Details | Etherscan
- 34,638.75 USDT were transferred to the community treasury. The transaction hash is as follows: Ethereum Transaction Hash (Txhash) Details | Etherscan
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