Discord Founders AMA Transcript (Aug 18th)

Hello CommanDODOs,

The transcript of the August 18th biweekly discord AMA featured DODO’s CEO Radar Bear and CMO Diane Dai is as follows:

  1. Can you discuss the current NFT plans for the DODOplatform (maybe a roadmap?), and some of the ideas brought up in the #dodo-nft channel regarding unique NFTs for vDODO stakers, what are your thoughts on that?
  • The DODO team has big plans for NFTs. NFTs are a brand new type of asset, and DODO as an exchange should definitely support it. DODO will most likely put the marketplace platform on hold because proven products are already available (e.g. opensea). Instead, we are planning to focus on NFT fractionation, for that we could leverage our knowledge on the spot market. The NFT Fractionization feature is expected to go live towards the end of Q3.

2. How big is the DODO development team? How many products are being worked on simultaneously, or is the sole focus on NFTs now?

  • The DODO development team consists of 12 developers, 2 product managers, and 2 UI designers.

3. What’s the growth strategy to promote DODO’s DEX platform and get more users using it, for higher volume?

  • The DODO team is focusing on 3 major aspects to promote the platform, Products improvement, global market expansion, and startup projects support.

4. What about multi-chain deployment besides Arbitrum. There has been lots of traction on Solana and LUNA layer 1.

  • The DODO team attempted to migrate DODO’s contract to Solana before, and we realized that it would’ve taken much more time than migrate to an EVM chain.

5. How does the DODO teamwork on multiple chains simultaneously?

  • Working multiple chains simultaneously isn’t particularly a problem for DODO’s developers, since all the chains that we are working on are EVM compatible chains. However, it does make deployment and config more complex and time-consuming.

6. Do you have an update on vDODO snapshots and mirroring?

  • vDODO snapshot and mirroring will be based on user demand. The team will arrange snapshots and mirrorings if there is enough demand on a particular chain.

7. Is the DODO Raptor program still going on? I liked the early days where holders with more than 50 vDODOs got airdrops

  • DODO still has the raptor program, however, there are some product upgrades that need to be done before it can resume.

8. What are you most excited about for the next 6 to 12 months?

  • I am most excited about DODO V2.1 and V2.2, both versions will be delivered within the next 6 months.

9. Are there any plans to offer collateralized loans against other crypto assets?

  • There has recently been a proposal from the CREAM community that suggests listing DODO as a collateral asset for lending and borrowing on CREAM Finance on Ethereum, Binance Smart Chain, and Polygon

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DODO

The official Medium account of DODO, your on-chain liquidity provider. Official Website: https://dodoex.io/