Abstract
Since Binance launched its blockchain technology, the Binance Smart Chain, more and more platforms have started to adopt the decentralized finance protocol. The goal of Binance to launch the Binance Smart Chain is to enable developers to build decentralized applications and allow users to manage their digital assets with low latency, security, and lower fees. The various features provided by Binance Smart Chain, enabling DeFi platform developers to be able to develop their platform in a better ecosystem.
Talking about the Binance Smart Chain, there is one DeFi platform that adopts this protocol, namely Soku Swap. Soku Swap is a DeFi platform that lives on the Ethereum Network and the Binance Smart Chain. Soku Swap is designed with a mechanism that allows users to trade from one wallet and one exchange but with two different networks, the Ethereum Network and the Binance Smart Chain, with privacy and lower fees.
Two Networks, One Exchange
Uniswap is a platform that allows users to access various DeFi features such as a stake, swap, etc. However, Uniswap only supports the Ethereum network, if you want to do various DeFi activities on the Binance Smart Chain network, then you have to access a platform like Pancakeswap. Unlike the two platforms, Soku Swap supports both the Ethereum Network and the Binance Smart Chain. Users can access Soku Swap with one wallet on one exchange with two networks. Because Soku Swap realizes the role and size of the Ethereum market in the blockchain world, and we couldn't operate the exchange platform without it. Therefore, by adopting Binance Smart Chain, Soku Swap can solve problems that exist on the Ethereum network, such as fees, security, etc.
Soku Swap uses automated market maker smart contracts to provide liquidity pools on both ERC-20 tokens and BEP-20 tokens. This allows users to trade with a specially designed algorithm that differs from conventional exchange platforms. Soku Swap is designed with a mechanism where prices, liquidity pools, etc. can run better and be profitable for participants.
Soku Swap Features
Soku Swap is an exchange platform that supports two networks, Ethereum and Binance Smart Chain, which allows users to trade with one wallet on two networks. Soku Swap is designed to make it easier for users to access various DeFi features, supports privacy, and has lower fees than conventional exchanges. But that's not all the features of Soku Swap, here are the features of Soku Swap:
More Ways to Earn: Users can maximize their return by providing liquidity or taking advantage of arbitrage using flash loans.
You're More Like an Owner: In Soku Swap, users can participate in deciding the future of the exchange with SOKU token governance.
Two Networks: Ethereum and Binance Smart Chain are blockchain networks that are widely used today. In Soku Swap, users can trade on both networks.
Crypto Classes: Users can educate others by sending them a link to the crypto classes provided by Soku Swap. Between referrer and referral will get rewards.
Onscreen Chat: Customer service will be available 24 hours a day to help and answer various user complaints.
No KYC: Users do not need to provide KYC to use Soku Swap. They can directly connect their wallet and use the service as soon as possible.
SOKU Token
Soku Swap launches token governance, namely SOKU, which allows users to participate in upcoming upgrades. SOKU is a Binance BEP-20 based token with a total supply of 222,222,222 SOKU tokens. Users can earn SOKU tokens by participating through the token sale program.
To conclude
The Ethereum network is the largest decentralized network in the world of blockchain, we cannot operate an exchange platform without this network. However, with Suko Swap, users can trade on both the Ethereum network and the Binance Smart Chain. Users can easily access various DeFi features with a user-friendly interface, supports privacy, and costs lower than conventional exchanges.
Connect with Soku Swap
WEB: https://www.sokuswap.finance/
TWITTER: https://twitter.com/SokuSwap
DISCORD: https://discord.gg/DgNnfGWbd4
