SOKU Swap Decentralized Exchange (DEX) Platform
Hello everybody Welcome to my New interesting Topic ...
Hello everyone, how are you? If you are interested in joining the project, your SOKU Swap should read information that will help you get information that can help you see your vision and mission.
So now we are familiar with SOKU Swap..............
Believe it or not, swaps are not really a crucial factor in trading as a determinant of success. However, traders who understand what swaps are and are able to take advantage of them can use them for future success.
INTRODUCTION SOKU Swap;
Good evening, dear viewers. Let's talk today about a unique project, on all our beloved SOKU Swap system To do this, first let's consider what DEX is.
Decentralized Exchange (DEX)?
A decentralized exchange is a type of cryptocurrency exchange that allows direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for intermediaries.
DEX is an open financial ecosystem where you can build various small financial tools and services in a decentralized manner.
We see Decentralized Exchange (DEX) market began its meteoric rise in early 2020. it’s very good time for crypto community and investors.
Iast 6 months, the total value of all assets locked in DEX has grown by a factor of 15 - from $600 million to $9 billion. Such changes indicate an increase in interest from the crypto community and investors. DEX can be safely called the ‘hot hit’ of 2020.
Decentralized Exchange or DeX is a system that aims to provide financial services that are open, unlicensed, transparent and accessible to all without centralized authority.
What is Soku Swap?
Soku Swap is a decentralized exchange (DEX) hosted on the Etherium Network and the Benson Smart Chain. Automated market makers use smart contracts to create liquidity pools from Dex ERC-20 tokens and BEP-20 tokens. Its features allow users to trade using order books versus an algorithm used on conventional exchanges.
The platform is designed to be easy to use, support privacy, and consume less fuel. Soku is designed for swap traders and performs very well on any smart contract component that requires on-chain liquidity assurance.
How does it work?
It allows users to trade using order books versus an algorithm used on conventional exchanges. The price is determined using the formula x * y = k (x token x coin and y token coin y) and always maintains an invoice of x ∗ y = k for some constant) and this ensures that the reserve maintains a relative balance. Soku swaps are puddled between liquidity providers who provide exchange with tokens in exchange for a portion of transaction fees. Soku uses registry agreements to facilitate exchanges between different currencies in exchange. The mechanics of the system ensure that trades between cryptocurrencies are based on their relative supply.
SOKU SWAP FUTURES:
👉Two networks, one exchange
Uniswap is a platform that allows users to access various DeFI features such as stacks, swaps, etc. However, UNISWAP only supports Ethereum networks, if you want to perform various DeFI activities on the Benson Smart Chain network, you need to access a PATF-like platform. In contrast to the two platforms, the Soku Adalab supports both the Etherium network and the Binance smart chain. Users can access Soku swaps with a wallet in an exchange with two networks. Because the Soku exchange blockchain realizes the role and size of the etherium market in the world and we cannot operate the exchange platform without it. Thus, by adopting the Binance Smart Chain, Soku Swap can solve existing problems in the Etherium network such as fees, security, etc.
Soku Exchange uses automated market maker smart contracts to provide liquidity pools in both ERC-20 tokens and BEP-20 tokens. It allows users to trade with a specially designed algorithm that differs from conventional exchange platforms. Soku Swap is designed with a system where prices, liquidity pools, etc. can run better and be profitable for participants.
👉More ways to earn:
Soku Swap offers users multiple ways to make money. From providing liquidity to business or taking advantage of arbitration using flash. Imagine exchanging pancakes for millions of dollars or arbitrating with Uniswap using our currency in our easy-to-use Flash System.
👉Rule
With our administration token SOKU you can help determine the future of the exchange. And if you do a few trades per week, you also get a fraction of the trading volume. The higher the exchange, the higher your payment. Also, you can decide which service should come first. If you save enough SOKU, we need to provide a parking space in your name.
👉No KYC
For centralized exchanges all customers need to fill out a form that identifies them. You need to provide your own name, date of birth, jamstake, blood group, DNA sample, etc. You can see what you mean. Crypto was born as a decentralized currency that could not be controlled and monitored. With Dex Freedom you just need to connect your own wallet and do business.
👉Crypto class
Have you ever tried to explain crypto to someone? I'm betting you do, we all do. We know it’s a headache, but we try to educate those we know because we care about them. Imagine if you could send their links to some free crypto classes and they do more classes, you could earn both. And don’t worry, we’ll keep it short and fun. We want to make learning easy and profitable for everyone.
👉Advantages of Dex
Any KYC - KYC / AML compliance is the norm for many exchanges. For regulatory reasons, individuals often have to submit proof of identity and proof of address. This is a privacy and accessibility issue for some.
What if you don't have valid documents? What if the information is leaked? Since Dex is unlicensed, no one checks your identity. All you need is a cryptocurrency wallet.
There is no counterparty risk - the main attraction of decentralized cryptocurrency exchanges is that they do not keep customer funds.
Listed Tokens - Tokens that are not listed on a centralized exchange can still be traded freely on DeX, if there is a supply and demand.
👉Creating an exchange
SokuFactory.Sole is the smart deal where all the magic happens. This creates the exchange of each trading pair in Soku swaps. The public function Creepier allows a user to establish an exchange agreement that does not already exist for a pair of ERC20 or BEP20 tokens. The code below shows how the exchange is executed.
👉Lower gas fees
The Soku Swap is basically designed with gas efficiency. Using AMM Smart Agreement we have been able to reduce gas fees to 10% of the general exchange. This gas efficiency is replicated in almost all swaps between the cryptocurrencies supported by the platform. There is a significant reduction in Soku exchange gas compared to on-chain order book exchanges. And because of the higher fees on the ETH network due to the recent interest in NFTs, the ability to switch to the Binance Smart Chain gives you the opportunity to do business with even lower fees.
👉Blockchain technology
Blockchain technology is a structure that records public transactions in a number of databases known as "chains" in a network connected by peer-to-peer nodes, also known as blocks. Typically, this storage is referred to as a digital laser. Blockchain is a good, secure way to record activity and keep data fresh while maintaining history records. Data cannot be corrupted or accidentally deleted by anyone and you will benefit from an up-to-date record instantly, as long as one of the historical trails of data.
TOKEN INFORMATION:
Name: Soku
Base price: $ 0.88
Blockchain: BSC
Total Token Supply: 222,222,222
Symbol: SOKU
Total tokens available for Sale: 111,111,111
Type: BEP-20
Purchase methods: BNB, ETH, BTC, USDT
Softcap: 100,000 SOKU
Hardcap: 1,000,000
Token Distribution
ALLOCATION OF Funds:
All tokens sold during Presale will be Staked for 30 days. You’ll receive SSoku Tokens redeemable at a rate of 1 SSoku Token:1 Soku Tokens. You can trade your SSoku Tokens for your Soku Tokens after 30 days through Soku Swap.
TEAM Member:
Roadmap:
Upcoming Event:
For more information on this project see the link below:
MORE information;
Website: https://www.sokuswap.finance
ANN: https://bitcointalk.org/index.php?topic=5327040.0
Twitter: https://twitter.com/SokuSwap
Telegram: https : //t.me/sokuswap
Discord: https://discord.gg/DgNnfGWbd4
Facebook: https://facebook.com/Soku-Swap-102896308602496
Youtube: https://www.youtube.com/channel/UCdJFtg_BmXHhPeCJVgoqF3A
Medium : https://sokuswap.medium.com
FINALLY IT CAN BE SAiD;
Thanks for reading this article and using your precious time on here. For SOKU Swap (SOKU) they are trying to build something great and unique. We saw dozens of projects without any single usability and we witness their extincion. And on the other hand "SOKU Swap Defi" team have a solid idea and they almost finalized their products and services. So in my opinion there isn’t any reason for crypto exchange-traded fund SOKU to be successful. and i Appreciate this Unique Idea for Their "SOKU Token"; To be A Better Perform in Near future For sure Good Wishes For them.
I wish everyone who will read my article good luck in their investments and I hope they will get maximum profit. I leave the website and social platform links at the end of my article so that you can review the project, hope to see you in the next project.
☀️AUTHOR:
BTT Username: MSI420
BTT Profile Link : https://bitcointalk.org/index.php?action=profile;u=3111135
Binance Smart Chain (BSC) Wallet Address: 0xE51259987d227D8D4a33F608E5D2e9aecbFCAf85