The Third DODO Buyback and Distribution is Complete

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 third DODO Buyback has been completed as follows:

• Trading fees accrued on BSC were exchanged for a total of 18,206 USDT, and they were then cross-bridged to the Ethereum mainnet. The transaction hash is as follows: https://etherscan.io/tx/0x3042b04259dd1db3d9bf81cd01699cb6162a652dfa218b84d8f95272e4533e0b
• 49,201 DODO tokens were bought back with a total of 62,177 USDT. The transaction hash is as follows:https://etherscan.io/tx/0x68d58397e83360c0162abf9a36ed3c512eb31c5d80fcf7636ab074bf1c1f5390
• These 49,201 DODO tokens were then transferred to the vDODO smart contract. The transaction hash is as follows: https://etherscan.io/tx/0xbbc9a948510f0f97575bdfb68ec3d4ddc52630f1802dd52fb9c02c34a9d1267e 
• 20,725 USDT were transferred to the community treasury. The transaction hash is as follows: https://etherscan.io/tx/0xd0e15bf5429a2b2f8b1f9ca83ade857f536fff81c222625c1385eedcadd149ff 

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