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ease
features
design
support

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Description

SofaSwap is an innovative decentralized trading protocol that facilitates coin-margined futures by allowing users to stake a variety of tokens from ETH, HECO, and BSC as margin, while also enabling the use of tokens for settlement purposes. This platform features three distinct roles: the proactive Trader, who seeks high returns but faces significant risks; the passive market Maker, who earns moderate returns with balanced risks; and the Farmer, who earns minimal returns with no associated risk by providing liquidity through token staking. Users can adjust their token quantities based on the transactions conducted among these roles, enhancing the platform's liquidity dynamics. Recently, SofaSwap introduced single-token lock-up mining, where the returns are distributed in the original tokens staked, with profits determined by the duration of the lock-up while maintaining the principal amount intact and risk-free. In terms of transaction fees, the distribution allocates 60% to market maker liquidity providers, 30% to operational costs for the user platform, and 10% to liquidity providers, thus contributing to the value appreciation of SOFA tokens. By addressing the fundamental need for effective hedging solutions, SofaSwap also seeks to elevate the market presence and value of tokens that typically suffer from low liquidity. This comprehensive approach not only enhances user engagement but also fosters a more robust trading ecosystem.

Description

Zilswap operates as a completely decentralized platform for exchanging ZRC-2 tokens within the Zilliqa ecosystem. It utilizes an Autonomous Market Maker model grounded in the Constant Product Formula (x * y = k), which was originally introduced by Vitalik Buterin. Those holding ZRC-2 and ZIL tokens have the opportunity to participate in liquidity pools, thereby supporting their stability and earning a 0.3% fee on each transaction. The protocol empowers users and decentralized applications to seamlessly exchange any two tokens without the necessity of intermediaries. Since swaps occur directly against liquidity pools, participants do not have to wait for a counterparty, enabling entirely on-chain transactions and enhancing efficiency in the trading process. Overall, Zilswap represents a significant advancement in decentralized finance, offering users greater autonomy and streamlined trading experiences.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

BNB Smart Chain (BSC)
Carbon Protocol
Ethereum
Telegram
Zeeves
ZilPay Wallet
Zilliqa

Integrations

BNB Smart Chain (BSC)
Carbon Protocol
Ethereum
Telegram
Zeeves
ZilPay Wallet
Zilliqa

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Sofa Swap

Founded

2021

Website

www.sofa.pub/

Vendor Details

Company Name

ZilSwap

Website

zilswap.io/swap

Alternatives

Alternatives

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