Soku Swap is a Decentralized Exchange (DEX).

4 min readMay 12, 2021

What is Soku Swap?

Soku Swap is a decentralized exchange (DEX) that operates on the Ethereum network and the Binance smart chain. DEX creates liquidity pools for both ERC-20 and BEP-20 tokens using automated smart contracts from market makers. These features allow users to transact using an algorithm rather than the traditional order book used on exchanges.

Knowing that the most significant barrier to entry is a lack of information and information about how to exchange cryptocurrencies, they agreed to concentrate on it. Anyone can exchange thanks to on-screen chat functionality that address any questions you may have and step-by-step on-screen guidance. If you ever want to learn more, they offer courses for which you will be paid in cryptocurrency. You will also be compensated for transporting students to work.

Soku Swap also has certain advantages, such as encouraging users to vote on DEX’s future using our governance token. We also provide weekly payments to someone who has put liquidity and makes three trades every week.

Features :

Soku Swap provides users with several opportunities to earn money. From supplying liquidity to selling or using concessional loans, term loans are used. Consider making millions of dollars in arbitrage deals with Pancake Swap or Uniswap using our coins in our simple flash credit scheme.
With SOKU, our governance token, you will help shape the exchange’s future. Furthermore, if you make several trades every week, you can get a limited portion of the trading price. The greater the growth of the trade, the greater the growth of your payouts. You may also specify which programs should be prioritized. We will have to supply you with a parking spot with your name on it if you have enough of these SOKUs.
Soku Swap allows you to conduct transactions on the Ethereum network and the Binance smart chain. Since Ethereum is the most important decentralized network in the blockchain world, it is impractical to launch an exchange without it. But, in addition to dimensions, there are other issues. Binance Smart Chain has recently arisen to assist in resolving these issues. Binance is certainly worth a look because of its quicker trades and lower fees. We think they’re both relevant, and we want our customers to be able to transact however they want.
Have you ever been asked to justify cryptocurrencies to someone? I’m sure everybody has. We understand that this is a pain, but we want to teach the people we meet and we care for them. Consider sending them a path to some free crypto courses, and the more classes they complete, the more money you both receive. And don’t worry, we’ll keep them brief and amusing. We want to make learning simple and rewarding for all.
What exactly do people despise about cryptocurrency exchanges? Is this the most serious shortcoming of customer service? This was, I believe, one of our team’s biggest gripes. Then we resolved to repair it. We’ll talk 24 hours a day, seven days a week, so you’ll never have a question that you can’t find an answer to. No matter where you are, there is still someone who is only a step away to assist you if you ever need it.
Customers must fill out self-identification forms in order to participate in centralized exchanges. Your gender, date of birth, social security number, blood type, and DNA sample must all be included. Cryptocurrency originated as a decentralized currency that could not be regulated or monitored. With DEX, all you have to do is add your wallet and start trading.

How does it work?

This enables customers to transact using an algorithm rather than the order book used on traditional exchanges. The price is calculated by the formula x * y = k (x token x coins and y token coins y, and still preserves the invariance that x y = k for any k constant), which means that the reserve stays in relative equilibrium. Soku Swap assets are pooled by liquidity providers who offer tokens to the exchange in exchange for a portion of transaction fees. To promote currency trading, Soku Swap employs registry contracts. The machine dynamics ensure that cryptocurrency trade is dependent on relative availability.