Soku Swap (DEX)
Decentralized exchanges are an alternative; they cut out the middle man, generating what is often thought of as a "trust less" environment. These types of exchanges function as peer-to-peer exchanges. Assets are never held by an escrow service, and transactions are done entirely based on smart contracts and atomic swaps.
The crucial difference between centralized and decentralized exchanges is whether or not a middle man is present. Decentralized exchanges are less widespread and less popular as compared with centralized exchanges. Nonetheless, there are more decentralized exchanges all the time, and it's possible that they will give centralized exchanges a run for their money in the future.
What is Soku Swap? : Soku Swap operates on both the Ethereum Network as well as the Binance Smart Chain. The DEX uses automated market maker smart contracts to create liquidity pools of both ERC-20 tokens and BEP-20 tokens. The features allow users to trade using an algorithm versus an order book used on conventional exchanges. 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 unable to be edited or intervened by any party. This is the reason why blockchain technology is used by many cryptocurrencies today. It uses automated market maker smart contracts to create liquidity pools. The exchange lives on ERC-20 tokens and BEP-20 tokens Network.
This allows users to trade using an algorithm versus an order book used on conventional exchanges. Prices are determined using the formula x*y=k(x coins of token X and y coins of token Y, and always maintains the invariant that x∗y=k for some constant k), and this ensures reserves stay in relative equilibrium. Soku Swap reserves are pooled among liquidity providers who supply the exchange with tokens in exchange for a share of the transaction fee.
What makes Soku swap Different from Other Decentralized Exchanges?:
On Decentralized exchanges one of the biggest problems with cryptocurrency is that it's hard to grasp for most new users. soku swap understand that, and they are making great effort to help. Soku will have educational programs where users can get paid in crypto to learn, by watching videos and reading articles.
This is the best features of Soku Swap offers payouts in form of SOKU to users based on weekly volume. If you use the exchange a few times a week, you'll receive a weekly payout. This allows users to get paid more each week as the exchange grows. At Soku you're not only a user, you're a part owner.
Great Feature also The lack of decent customer service is a major issue throughout the industry. So we're going to have an on page chat feature to help users out 24/7.
Soku Swap Features:
Soku swap The distributed nature of the network substantially reduces the risks of hacking and server downtime. soku swap also offer minimum rates compared to centralized platforms. They also allow users to maintain their privacy and carry out transactions without revealing all their personal data.
Soku Swap offers users many ways to make money. From providing liquidity to trading or using concessional loans using term loans. Imagine doing millions of dollars worth of arbitrage deals with Pancake Swap or Uniswap using our coins in our easy-to-use flash credit system.
With SOKU, our governance token, you can help decide the future of the exchange. And if you do multiple trades every week, you also get a small fraction of the trading volume. The more the exchange grows, the more your payouts grow. In addition, you can decide which services should come first. If you have enough of these SOKUs, we may have to provide you with a parking space with your name on it.
On Soku Swap, you can transact on the Ethereum network and Binance smart chain. Ethereum is the largest decentralized network in the blockchain world, so it is impossible to launch an exchange without using it. But along with size, there are other problems. Binance Smart Chain recently emerged to help solve these problems. With faster trades and lower fees, Binance definitely deserves a look. We believe they are both important and we want our users to be able to transact wherever they want.
Have you ever had to try to explain cryptocurrency to someone? I'm sure yes, everyone has. We know this is a headache, but we try to educate the people we know because we care about them. Well, imagine if you could send them a link to some free crypto classes, and the more classes they do, the more you both earn. And don't worry, we'll keep them short and funny. We want to make learning easy and profitable for everyone.
What do people really hate about crypto exchanges? Is this the main flaw in customer service? I know this was one of our team's main complaints. So we decided to fix it. We're going to chat 24 hours a day so you never have questions you can't answer. No matter where you are, there is always someone within a click to help if you ever need it.
Centralized exchanges require all customers to fill out self-identifying forms. You need to include your name, date of birth, social security, blood type, DNA sample. Cryptocurrency was born as a decentralized currency that could not be controlled and tracked. With the freedom of DEX, you just need to connect your wallet and make trades.
Soku Swap Tokenomics:
This is the great feature also for Tokens holder Soku is a governance token that allows holders to vote on upcoming upgrades. Soku Swap is a decentralized exchange made for the people, ran by the people, and governed by the people. You'll have the ability to vote on what changes/upgrades you think soku should make first.
Name: Soku
Base price: TBA
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: TBA
Hardcap: TBA
My friends, Suko Swap is a new platform. Even though it is one of the best-designed exchange platforms in the market, a few months from now, it will have undergone various transformations. The good news is, Soku Swap is designed with scalability.
Soku Swap Roadmap:
Great Fast track road map here for Soku swap Devalopment:
Conclusion:
Dear Readers, Soku Swap one of the best project collecting investment is developing and moving confidently towards the goals set. This means that the team is on its way to achieve the goal and will succeed.Soku Swap is a decentralized exchange (DEX) hosted on Ethereum Network and the Binance Smart Chain. Decentralized exchanges are making their way to big success.
More information about the project:
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
AUTHOR
BTT Username: Bentadem11
My BTT profile: https://bitcointalk.org/index.php?action=profile;u=1530135
0xf64AA2810bdEEc0ab5ea253c6ce72A96280a83C0
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