Soku Swap

 SOKU SWAP Exchange

Soku Swap is a decentralized exchange. Blockchain technology allows cryptocurrency to be able to store many transactions in a database, making it transparent, secure, and cannot be edited or intervened by any party. This is the reason why blockchain technology is used by many cryptocurrencies today. It uses the smart contracts of automated market makers to create a pool of liquidity. Live exchanges on ERC-20 tokens and Network BEP-20 tokens.

Soku Swap is a decentralized exchange (DEX) hosted on the Ethereum network and the Binance smart chain. DEX uses automated smart contracts from market makers to create liquidity collections for ERC-20 tokens and BEP-20 tokens. These features allow users to trade using algorithms rather than the order books used on conventional exchanges.

Knowing that the biggest obstacle to entry was a lack of education and knowledge on how to trade cryptocurrency, they decided to focus on it. With an on -screen chat feature to answer any questions you may have and on -screen step -by -step instructions, anyone can trade. And if you still want to know more, they have classes that you can complete for a fee in crypto. You can even get paid to send people to class.

Soku Swap also has several benefits, such as allowing users to make decisions about the future of DEX using our governance tokens. And we even have weekly payments for everyone who has placed liquidity and done 3 trades per week.

What is Soku Swap?
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.

What is a Decentralized Exchange (DEX)?

Decentralized exchange is a type of cryptocurrency exchange that allows peer-to-peer digital currency transactions to be done directly online securely and without the need for an intermediary.

Advantages of DEX

1. No KYC -  KYC / AML compliance is the norm on many exchanges. For regulatory reasons, individuals must often submit documentation of identity and proof of address. This is a privacy issue for some people and an accessibility issue for others. What if you don't have a valid document? What if the information is leaked? Because DEX does not have permission, no one is checking your identity. All you need is a cryptocurrency wallet.
2. No Counterparty Risk -  The main attraction of decentralized cryptocurrency exchanges is that they do not store customer funds.
3. Unregistered  Tokens - Tokens that are not listed on the central exchange can still be traded freely on DEX, as long as there is supply and demand

How does it work?

 This allows users to trade using the algorithm versus the order book used on conventional exchanges. The price is determined using the formula  x * y = k  (  x  coin token  X  and  y  coin token  Y  , and always maintain the invariant that  x  ∗  y  =  k  for some constant  k),  and this ensuring the recommendations remain in relative equilibrium. Soku Swap reserves are collected among liquidity providers who supply exchanges with tokens in return for a portion of the transaction costs. Soku Swap uses registry contracts to facilitate exchange between different currencies. The mechanics of the system ensure that trade between cryptocurrencies is based on their relative supply. 

Soku Swap Features:

• Soku Swap offers many ways for users to make money. From providing liquidity to trading or using soft loans to using term loans. Imagine arbitrating millions of dollars with Pancake Swap or Uniswap using our coins in our easy -to -use flash credit system.
• With SOKU, our governance token, you can help determine the future of the exchange. And if you do a lot of trading every week, you also get a fraction of the trading volume. The more exchanges grow, the more you pay. In addition, you can decide which services to prioritize. If you have quite a lot of these SOKU, we may have to provide a parking space in your name.
• In Soku Swap, you can transact on the Ethereum network and the 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 its size, there are other problems. Binance Smart Chain recently emerged to help solve this problem. With faster trades and lower costs, Binance is definitely worth a look. We believe both are important and we want our users to be able to transact wherever they want.
• Have you ever tried to explain cryptocurrency to someone? I'm sure yes, everyone has. We know this is confusing, but we try to educate 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 it short and funny. We want to make learning easy and rewarding for everyone.
• What do people really hate about crypto exchanges? Is this a major weakness in customer service? I know this is one of our team's main complaints. So we decided to fix it. We'll chat 24 hours a day so you'll never have a question you can't answer. Wherever you are, there is always someone in one click to help if you need it.
• The centralized exchange requires all customers to fill out a self -identification form. You need to enter 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 trade.

Token liquidity

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

The liquidity token is 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 proportionate market share to the vendor. Providers pay reserves and form brand new liquidity.

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

Tokonomics

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 & Fund Allocation

ROAD MAP

To conclude

The Soku Swap phase is planned for sellers and performs very well as part of other ingenious gains that require on-chain liquidity guarantees. With the representation arrangement a few days in advance, this is an ideal opportunity to take part and get the incredible prizes that Soku Swap needs to bring to the table…

Read More Here:

Official Website:  https://www.sokuswap.finance/

Twitter:  https://twitter.com/SokuSwap

Telegram:  https://t.me/sokuswap

Dispute:  https://discord.com/invite/DgNnfGWbd4

Facebook:  https://www.facebook.com/Soku-Swap-102896308602496

Media:  https://sokuswap.medium.com/

by yufiezz

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