Sofa Swap Description
SofaSwap, a decentralized, coin-margined futures trading platform, can stake any tokens issued by ETH or HECO as margin and tokens as a settlement currency. SofaSwap has three roles: the positive trader (highly paid with high risk), the passive market maker (medium income with medium risks) and the farmer (low income with zero risk), who stake tokens to provide liquidity. Through transactions between the three roles, the number of tokens can increase or decrease. SofaSwap opened a single-token lockup mining. The original tokens are the source of the profit. The length of the lock-up period determines the profit, but the principal is the same and there is no risk. 60% of transaction fees go to the market maker LP. 30% goes to user platform operation. 10% goes to LP to increase the SOFA tokens' value. SofaSwap is designed to address the rigid demand for hedging, and increase the value low-liquidity tokens.
Sofa Swap Alternatives
Hades Swap
Hades Swap is an automated market making (AMM), decentralized exchange (DEX), in the Olympus Network. Swapping is easy for end-users. A user selects an input token, and an output token. The protocol calculates the amount of the output token that they will receive based on the input amount. The swap is executed in one click and the output token is immediately received in their wallet. Each pair of Hades Swap smart contracts, or Hades Swap smart contracts, manages a liquidity pool consisting of two ERC-20 tokens. The yield page allows users to stake their HLP tokens (Hades Liquidity Pool tokens), in order to earn SOULs. These farms offer incentives to people who provide liquidity to Hades Swap pool pools and help offset permanent loss risk. The community that votes on Hades Swap snapshot proposals is ultimately responsible for governing Hades Swap. Only proposals submitted to the Snapshot voting system via the core can be deemed binding if they are passed by a quorum.
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ZilSwap
Zilswap, a fully decentralized protocol that allows ZRC-2 token exchanges on Zilliqa, is called. Zilswap uses an Autonomous Market Maker, which is based on the Constant Product Formula (x y = k), first proposed by Vitalik Buterin. ZRC-2 tokens or ZIL token holders can contribute to the relevant liquidity pool to back the liquidity pools and will be paid 0.3% for each swap. The protocol can be used by users and dApps to swap between any two tokens, without the need for intermediaries. The swap is performed against the liquidity pools. This means that there is no need for a counterparty and transactions can be done entirely on-chain.
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TrustSwap
TrustSwap offers a full-service digital asset platform. Venture capital firms have priority access to startups at the early stages of their development unlike traditional finance. This exclusivity means that the general public is forced to buy in later and at higher prices, creating an unfair situation. TrustSwap allows you to become a VC and get priority access to early-stage crypto startups. By staking SWAP, you get guaranteed access. The greater your SWAP stake, the more you will receive. SmartLock, a decentralized application, allows blockchain projects to lock their ERC20 and LP Liquidity coins in a non-custodial smart contract vault. No coding required to create your own audited cryptocurrency. Anyone can now create a token and launch it via Uniswap. This is a huge plus. It comes with significant risks.
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ACryptoS
ACryptoS is a yield-farming optimizer that is designed for the long-term investor who values safe tokenomics, sustainability, and careful risk management. After assets have been deposited into a Vault/StableSwap product they can choose to stake the vault or liquidity tokens back into the respective farm. ACryptoS stableSwap, an automated market maker protocol (AMM), is based on Curve’s specialized algorithm for stable coins. ACryptoS has launched the first AMM for stable coin based on this algorithm on Binance Smart Chain (BSC). Trading on the Binance smart chain is faster and more affordable than trading on the Ethereum. The Binance Bridge allows you to transfer ERC-20 tokens from Ethereum to Binance Smart Chain.
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Integrations
Company Details
Company:
Sofa Swap
Year Founded:
2021
Website:
www.sofa.pub/
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Product Details
Platforms
SaaS
iPhone
iPad
Android
Type of Training
Documentation
Customer Support
Online
Sofa Swap Features and Options
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