Friday, May 14, 2021

Soku Swap

If you are interested in joining a project, your Soku Swap should read information that will help you get information that can help you see your vision and mission.


#SokuSwap #DeFi #DEX #Bitcoin #bestcryptocurrency

Soku Swap is a fully decentralized cryptocurrency exchange that uses a relatively new type of trading model called an automated liquidity protocol. Soku Swap operates on the Ethereum network as well as the Binance smart chain.

Soku Swap is a decentralized exchange. Blockchain technology allows cryptocurrencies to be able to store multiple transactions in a database, making it transparent, secure, and not editable or intervened by any party. This is the reason why blockchain technology is used by many cryptocurrencies today. It uses an automated market maker smart contract to create a liquidity pool. The exchange is live on ERC-20 tokens and Network BEP-20 tokens.

Soku Swap can be described as a fully decentralized Cryptocurrency exchange that uses a relatively new type of trading model called an automated liquidity protocol. Soku Swap operates on the Ethereum Network as well as the Binance Smart Chain. DEX uses automated market maker smart contracts to create a liquidity pool from ERC-20 tokens and BEP-20 tokens. Its features allow users to trade using an algorithm versus the order book used on conventional exchanges.

The platform is designed to be easy to use, support privacy, lower fuel costs. Soku Swap is designed for traders and performs very well as any other smart contract component that requires guaranteed on-chain liquidity.

Decentralized exchange, no registration hassle. In most cases, there are no crypto deposits or withdrawals. Trading takes place directly between the wallets of two users, with limited (if any!) Input from third parties.

What is a 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.

In centralized crypto exchanges, most of the control over your account rests with the third party running the exchange. On the other hand, with decentralized exchanges, all account control remains with you

The advantages of DEX
No KYC - KYC / AML compliance is the norm on many exchanges. For regulatory reasons, individuals must frequently submit identity documentation and proof of address. This is a privacy issue for some and an accessibility issue for others.

What if you don't have valid documents? What if the information gets leaked? Since DEX is not licensed, no one checks your identity. All you need is a cryptocurrency wallet.

No Counterparty Risks - The main attraction of decentralized cryptocurrency exchanges is that they don't hold customer funds.

Unlisted Tokens - Tokens that are not listed on a centralized exchange can still be traded freely on DEX, provided there is supply and demand

What is Soku Swap?
Soku Swap is a decentralized exchange (DEX) hosted on the Ethereum Network and the Binance Smart Chain. DEX uses automated market maker smart contracts to create a liquidity pool from ERC-20 tokens and BEP-20 tokens. Its features allow users to trade using an algorithm versus the order book used on conventional exchanges.

The platform is designed to be easy to use, supports privacy, lowers fuel costs. Soku Swap is designed for traders and performs very well like any other smart contract component that requires guaranteed on-chain liquidity.

How does it work?
This allows users to trade using an algorithm versus the order book used on conventional exchanges. The price is determined using the formula x * y = k (x token x coins and y token coins y, and always maintains the invariance that x ∗ y = k for some k is constant), and this ensures the reserves remain in relative balance. Soku Swap reserves are pooled among the liquidity providers who supply the exchange with tokens in exchange for a portion of the transaction fees. Soku Swap uses registry contracts to facilitate exchange between different currencies. The system mechanics ensure trading between cryptocurrencies is based on their relative supply.

Soku Swap feature

More
ways to earn : Soku Swap offers users multiple ways to make money. From providing liquidity to trading or taking advantage of arbitrage using flash loans. Imagine doing arbitrage trading with Pancake Swap or Uniswap for Millions of Dollars using our coins in our easy-to-use Flash Loan System.
Governance

With SOKU, our governance token, you can help define the future of the exchange. And if you make a few trades each week, you will also get a fraction of the trading volume. The more the exchange grows, the bigger your payout will be. In addition, you can make decisions about what service should come first. If you store a sufficient amount of SOKU, we may need to provide parking space on your behalf.
Two Networks, One Exchange

At Soku Swap, you can trade on the Ethereum Network and the Binance Smart Chain. Ethereum is the largest decentralized network in the blockchain world, it is impossible to run an exchange without using it. But along with size, other problems arise. Binance Smart Chain came out recently and is helping to solve that problem. With faster trading and lower fees, Binance is definitely one to watch out for. We feel both are important and want to make sure our users have the option to trade wherever they want.
Crypto Classes

Have you ever tried explaining crypto to someone? I'm sure you know, we all do. We know it's a headache, but we try to educate the people we know because we care for them. Imagine if you could send them links to some free crypto classes, and the more classes they do, the more you will get both. And don't worry, we'll keep it short and fun. We want to make learning easy and profitable for everyone.
No KYC

Centralized exchange requires all customers to fill out a form that identifies themselves. You will need to provide your name, date of birth, Jamsostek, blood type, DNA sample, etc. You see what I mean. Crypto was born as a decentralized currency that cannot be controlled and monitored. With DEX freedom, you only need to connect your wallet and make trades.

What are SOKU Tokens?
SOKU is a governance token that allows holders to vote on upcoming upgrades. Soku Swap is a decentralized exchange made for the people, run by the people, and governed by the people. You will have the ability to choose what changes / improvements you think we should make first.


Tokonomics
Nama: Soku
Base price: $ 0.88
Blockchain: BSC
Total Token Supply: 222,222,222
Simbol: 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



Conclusion
Again, the Soku Swap stage is planned for sellers and is doing very well as part of another smart advantage that requires guaranteed on-chain liquidity. With a representative arrangement a few days in advance, this is the ideal opportunity to take part and earn the amazing rewards that Soku Swap needs. It's surprising how the Soku Swap group has kept up with their business, which has made them more reliable overall. It is possible that early adopters will benefit greatly, and it may be you.

Read More Here:
Official Site: https://www.sokuswap.finance/
Twitter: https://twitter.com/SokuSwap
Telegram: https://t.me/sokuswap
Discord: https://discord.com/invite/DgNnfGWbd4
Facebook: https://www.facebook.com/Soku-Swap-102896308602496
Media: https://sokuswap.medium.com/

Author : faujan.nawawi
BEP-20 wallet address : 0x7fc3EAFbEff23615301026b23722294c3fFfDB43

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