Tuesday, February 18, 2025

DODO Joins Zircuit Season 3 as Whitelisted DEX for Liquidity Incentives

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KEY TAKEAWAYS

  • DODO is now a whitelisted DEX for Zircuit Season 3, offering liquidity incentives and rewards in ZRC and major tokens.
  • Participants can earn Zircuit Points by providing liquidity, which can be redeemed for ZRC token rewards at the season’s end.
  • DODO introduces a dual reward system, allowing liquidity providers to earn both Zircuit Points and DODO Points, redeemable for DODO tokens.
  • DODO Points are calculated based on liquidity provided, with 1 Point equating to 1 USD in the pools multiplied by 1 Hour.

DODO has been announced as one of the whitelisted decentralized exchanges (DEXs) for Zircuit Season 3, a liquidity incentive program. This initiative offers liquidity and rewards in ZRC and major tokens for users participating on the Zircuit platform. The announcement was made here.

Zircuit has enabled ZRC token transfers and launched its Season 3 incentive program. Participants can earn Zircuit Season 3 points by providing liquidity to designated pools. These points can be redeemed for ZRC token rewards at the end of the season, based on the total points accumulated.

Double Rewards for Liquidity Providers

To encourage greater participation and highlight DODO’s product features, the exchange will also offer DODO token rewards. Liquidity providers (LPs) in eligible pools can earn DODO Points, which will be redeemable for DODO tokens after the season concludes. This dual reward system allows participants to earn both Zircuit Points and DODO Points.

To participate, users can visit the DODO pool page, select a pool marked with Zircuit Points and DODO Points, and provide liquidity according to the pool’s ratio. After approving tokens and confirming the liquidity addition, users can track their DODO Points via the provided link.

Understanding DODO Points

DODO Points serve as a rewards system to track user participation and contributions to the protocol. Points accumulate automatically, and at the end of the event, users receive DODO token rewards based on their share of the total points. The calculation for DODO Points is straightforward: 1 Point equals 1 USD in the pools multiplied by 1 Hour.

Participants are encouraged to join Zircuit Season 3 to maximize their rewards through this innovative incentive program.


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Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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