Solana Native Soldex AI – Renewing Hope for DEX & AI
October 11 2021 - 1:55AM
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Over the last year, many assets have been hitting the market; over
12,000 coins are currently being circulated on exchanges and swaps,
to be exact. Technical issues have plagued this wave of assets
since most of them are either ERC20 tokens or wrapped ERC20 tokens
which rely on the ERC20 network regardless. Efficiency Soldex is a
new exchange that utilizes Solana to overcome all the problems that
DEX websites are currently facing, namely the poor performance that
the ERC20 network is currently facing. Solana is more efficient,
with a capacity to handle more than 50,000 transactions per second
– often for less than $0.00001 per transaction – on the Solana
network. Liquidity Decentralized exchanges have always been a
second choice to centralized ones like Binance and FTX, namely for
the liquidity of the assets, which causes slippage, and traders do
not like slippage because it can simply ruin the entire trade.
Soldex fixes this problem by incentivizing liquidity which most
centralized exchanges do not even offer. AI-Powered Algorithmic
Trading Algorithmic trading is a force to be reckoned with; it is
something that every trader anticipates affecting the market. So
far, we have seen trading bots working with centralized exchanges,
whether it is a feature in the exchange itself or through 3rd party
apps. Soldex is offering the first trading bots for a decentralized
exchange which will pave the way for a new generation of
algorithmic trading away from centralized exchanges and in the
comfort of your private wallet. We have recently heard of many apps
that are being powered by GPT3 A.I., which is technically the most
sophisticated A.I. in the market, learning and improving as it
goes. These new A.I.-powered bots will surely evolve algorithmic
trading into something much bigger and more sophisticated. Soldex
Features Permissionless: Trade perpetual on any pairing. Our
governance will ensure that the best trading pairs are available
and that only the safest oracles are used. Efficiently Incentivized
Liquidity: Liquidity pool trading is predicated on having enough
assets in each pool to facilitate instant trades. Soldex addresses
this requirement by incentivizing users to deposit assets and
provide liquidity. Community Governance: Token holders can
establish consensus by voting on governance proposals or
introducing new proposals for a vote. Ecosystem Foundation Layer:
Attract assets and build incentives that can empower an ecosystem
of financial products. Real-Time Settlement & Light-Speed
swaps: Faster and more efficient trading experience. Soldex is
currently in the midst of conducting a private sale, offering SOLX
tokens to interested retail investors. Join the private sale by
contacting the sales team at sales@soldex.xai or find out more by
visiting Soldex.ai
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