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Classic Pool

Classic Pool

The Classic Pool offers a market making strategy. Users fund this strategy without any expertise in the market. The price curve pattern of the Classic Pool is controlled by an external account, so that liquidity is always concentrated around the market price.
In order to maintain the curve pattern, the classical pool needs to frequently change the central price, which is currently maintained by the chainlink. It is understood that each time chainlink changes its price, the Classic Pool resets the curve pattern.

Other control parameters

In addition to the center price
ii
, there are two other parameters controlled by DODO. They are the slippage factor
kk
and the commission rate
feefee
, which can be modified by DODO's multi-signature wallet. In the future, DODO will transfer all control of the classic pool to DAO, so that market-making strategies will be managed by more professional people.
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