DODO proposes to migrate 2 million tokens to Scroll and invest $100,000 in the development fund.
BlockBeats news, on November 30th, DODO recently released proposal DIP-17, announcing plans to migrate 2 million DODO tokens to the zkEVM Layer 2 solution Scroll. This move aims to leverage Scroll's advanced technology to provide greater scalability and performance for DODOX, DODO's cross-chain DEX aggregator. At the same time, the proposal also includes the allocation of $100,000 from the DODO community fund, aimed at incentivizing Scroll's trading volume and user engagement through an ecosystem incentive program based on liquidity and trading volume milestones.
The proposal is now open for voting and will end at 5:00 pm on December 4th, with a current approval rate of 100%.