The Fourth 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 fourth DODO Buyback has been completed as follows:

• Trading fees accrued on BSC were exchanged for a total of 12,595 USDT, and they were then cross-bridged to the Ethereum mainnet. The transaction hash is as follows: https://etherscan.io/tx/0xaf56bb4112fcf5ca590e876e1f571d45ab67f9a20ce578081a011b2a982a91d9

• Trading fees accrued on Arbitrum One were exchanged for a total of 52,576 USDT, and they were then cross-bridged to the Ethereum mainnet. The transaction hash is as follows: https://etherscan.io/tx/0xfb52e9ca8dd3d2710881246aee9dd2f3409c70c92b504d237aa7331b94d2286e 

• 63,377 DODO tokens were bought back with a total of 99,387.71 USDT. The transaction hash is as follows: https://etherscan.io/tx/0x6d90b8540e007c25ac050f64c2becfa68ff44da6163d32d13fba9c8a735982c6 
• These 63,377 DODO tokens were then transferred to the vDODO smart contract. The transaction hash is as follows: https://etherscan.io/tx/0xf1e71ff14230a7988d4381280d79c2cc1acefd4638bc4a5611ff2e405c66658a 
• 33,129 USDT were transferred to the community treasury. The transaction hash is as follows: https://etherscan.io/tx/0x9f15e96e8fa72fb18dd9ce06dfde9bdbd742f7eee234eb31755ca5d1cf944a25 

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