News Formal

DODOchain Goes Live as Industry-First Trading-Focused L3 on Arbitrum Orbit

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

DODOchain, industry-first L3 network for traders powered by most advanced developments of omni-chain sphere, launches in testnet

Besides advanced speed and cost-efficiency, the new protocol is designed to break down the barriers between EVM and non-EVM ecosystems to enable the free flow of assets. This approach addresses a number of challenges, including fragmented liquidity, high costs associated with multichain operations, security shortages of cross-chain bridges and so on.

Besides being a new-gen modular decentralized network, the new solution will be part of a one-stop ecosystem of products and services, including Omni Trade, Omni Liquidity and Omni Mining. Also, from the very beginning of its operations, DODOChain will offer native restaking services for various assets accepted in its liquidity machine.To accomplish the ambitious goals set in its roadmap, DODO scored a number of long-term strategic tech partnerships. Arbitrum's tech stack Arbitrum Orbit empowered DODOchain with enhanced scalability, efficiency and ease of use.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WWD Hosts Fashion Scholarship Fund Students for Live Discussions With Industry InsidersReed Krakoff, Back Mai, Christian Juul-Nielsen and WWD editors gave students insights into their career journeys.
Source: wwd - 🏆 24. / 68 Read more »

Justice Department to sue Ticketmaster, Live Nation for alleged monopoly over ticketing industry: reportTicketmaster's parent company, Live Nation, could face an anti-trust lawsuit from the Department of Justice as soon as next month, a report says.
Source: FoxBusiness - 🏆 458. / 53 Read more »