SOKU SWAP

SOKU SWAP Exchange


Greetings to all viewers. You may know practice with cryptocurrency exchanges. Register with your email, create a strong password, verify your account and start trading cryptocurrencies. Such a decentralized exchange, without the hassle of registration. 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 a third party.

What is a Decentralized Exchange (DEX)?

A decentralized exchange is a type of cryptocurrency exchange that allows direct peer-to-peer digital currency transactions to be carried out online securely and without the need for intermediaries.

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

Advantages of DEX

  1. 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 unlicensed, no one checks your identity. All you need is a cryptocurrency wallet.
  2. No Counterparty Risk -  The main attraction of decentralized cryptocurrency exchanges is that they don't hold customer funds.
  3. 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, 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.

How does it work?

 This allows users to trade using an algorithm versus the order book used on conventional exchanges. Price is determined using the formula  x * y = k  (  x  coins tokens  x  and  y  coin token  Y  , and always maintain the invariant that  x  *  y  =  k  for some constant  k),  and this ensuring 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 enough of the SOKU, we may need to provide a parking space in your name.

Two Networks, One Exchange

On 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 alleviate 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 Class

Have you ever tried to explain crypto to someone? I bet you do, 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 earn 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 exchanges require 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. etc. You see what I mean. Crypto was born as a decentralized currency that cannot be controlled and monitored. With DEX freedom, you just have to connect your wallet and make a trade.

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.

The Problem
One of the most important issues affecting the DEX is a lack of liquidity. With a wide margin, most of the trading takes place on a combined exchange, the lack of volume keeps most customers sticking to the unified exchange. Customers of most decentralized exchanges have struggled to keep tabs on complex DEX stages anticipating that they will have to learn and complete with stages and collaboration.



Soku Swap offers two unique methods of ensuring liquidity at its establishment:

  • First, it offers a more ideal action liquidity provider by allowing LP (Liquidity Pool Tokens) holders to stake their LP for additional rewards. The expected rate of return from the Soku Swap makes other APR rates look like holders' decline.
  • Second, by offering you the opportunity to trade with two associations (Ethereum and Binance), and the idea of ​​showing your LP, they duplicate their liquidity considerations and kill any fears that arise from low liquidity considerations.
  • Soku Swap's easy-to-use interface concludes that anyone can get started by following the basic progress that really guides you.
  • Soku Swap has decided to provide you with free classes on learning crypto and blockchain so that you can make smart decisions about your theory.

Liquidity token

The Soku Swap Liquidity Token (SOKU LP) represents the provider's contribution to the liquidity pool. These are ERC20 coins or BEP20 tokens depending on which chain they provide liquidity to. These tokens allow liquidity providers to sell or transfer their liquidity between accounts without affecting the liquidity in the pool.

Liquidity tokens are printed and sent to the address of the liquidity provider. They represent the provider's contribution to a base. These tokens are highly divisible and can be burned at any time to return a proportional market share to the vendor. The provider pays reserves and forms a new liquidity brand.

  • The NBB sent to the function determines the number of liquidity tokens to be printed. The following formula calculates the number of embossed tokensMinted = totalAmount (bnbDeposited / bnbPool)
  • Storing BNB in ​​reserve also requires a deposit of a value equivalent to the BEP20 token. Stored tokens are calculated based on the formula tokensDeposited = tokenPool (bnbDeposited / bnbPool)


Soku Swap Road Map:

Tokenomic Soku Swap: Name: SOKU Base Price: $ 0.88 Blockchain: BSCT Total Token: 222.222.222 Symbol: SOKUTotal Token Available for Sale: 111.111.111 Type: BEP-20 Purchase Method: BNB, ETH, BTC, USDTSoftcap: 100,000 SOKUHardcap: 1,000,000 Distribution token:

For more information on this project see the link below:

Situs web: 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
Media: https: //sokuswap.medium .com

Username:  Saulnigues

Link:  https://bitcointalk.org/index.php?action=profile;u=3122432

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