The DODO Raptor Program has announced the launch of a Berry Data trading incentive program and $BRY airdrop for vDODO holders. vDODO holders will also receive at least 50 vDODO and $BRY token airdrops.
DODO Raptor Set to Incentivize Its BRY Trading Competition
Berry Data and DODO have started a $BRY trading mining campaign through the DODO Raptor campaign. This competition will run between April 21st, 2021 to May 5th, 2021. During this period, DODO users trading the $BRY tokens on the platform will become qualified for mining rewards with the main reward being at least 50 vDODOs for vDODO holders. The details of the DODO rewards that an eligible participant will receive are contained in the event overview and rewards distribution sections of DODO’s community page here.
DODO Exchange + DODO Raptor Program
DODO DEX is an on-chain decentralized exchange/liquidity provider built on the Proactive Market Making (PMM) algorithm. The PMM algorithm is an oracle-aided algorithm that utilizes an advanced pricing formula that provides contract-fillable liquidity. Thus, traders can get lower slippage with PMM than Automated Market Makers (AMM). Recently, DODO Dex kicked off a DODO booster program with some participatory projects such as Ethalend ($ETHA), Konomi network ($KONO), Bifrost finance ($vETH), WMass ($WMASS), and Multi-Vac ($MTV). The DODO booster program is a liquidity mining campaign where the pool’s liquidity miners will be rewarded with DODO tokens and the tokens of the participating projects.
The DODO Raptor Program was launched late last month and its objective is to launch new assets regularly and offer various incentives, especially trading mining. While the $BRY trading mining is the latest to be launched, there have been other ones such as the $TIDAL trading mining, the $FEI, and $TRIBE mining events that have been launched previously.
About Berry Data
Berry Data is a community-verified price oracle on BSC (Binance Smart Chain). It provides a trustless and decentralized alternative for off-chain data. Berry Data provides the infrastructure for decentralized applications to query off-chain data by properly incentivizing miners to provide data. $BRY is Berry Data’s governance token. BRY is designed to empower the broader Defi ecosystem to drive the creation of a fully transparent, community-owned, and open-source oracle platform on the Binance Smart Chain.
Source : bsc.news
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