Soku Swap is a fully decentralized cryptocurrency exchange that uses a relatively new type of trading model called an automated liquidity protocol. Soku Swap operates on the Ethereum network as well as the Binance smart chain.

Soku Swap is a decentralized exchange. Blockchain technology allows cryptocurrencies to be able to store multiple transactions in a database, making it transparent, secure, and not editable or intervened by any party. This is the reason why blockchain technology is used by many cryptocurrencies today. It uses an automated market maker smart contract to create a liquidity pool. The exchange is live on ERC-20 tokens and Network BEP-20 tokens.

Core Team

• Ryan White

Founder/CEO

Over 12 years in project management and team building. He sees the world of Blockchain technology as the future and I hope to secure a stronghold in this emerging industry. He plans to provide quality tools to trade and educate people in the process. They know that the world will need to be educated about this new type of currency, and we're going to make it fun and easy while transforming the way the world executes financial transactions. 

• Dr. Nisheta Sachdev

Marketing Specialist

A general dentist with a Bachelor's degree from D Y Patil University School of Dentistry and a Bachelor's degree from James Cook University with a dual major in marketing and international business. 

• Sammy Arora

Marketing Specialist

Experienced in marketing, public relations, cryptocurrency, and audio engineering. I work with clients in the tech, fintech, E-sports, and lifestyle industries. A strong believer in blockchain and cryptocurrencies.

Creativity Builds Better Teamwork in Crypto Group

Crypto Group is a trading application that uses signals from the cryptocurrency market to place trades. It assists users in buying, selling, and trading in cryptocurrency without any human intervention. The algorithm uses data, charts, patterns, and graphs sourced from across the internet to make its trading decisions. Creativity inspires employees to work with each other. The creative process encourages collaboration. Businesses need to encourage the mindset of continuous learning encouraging employees to seek new information, knowledge, and new ways to do things.

Benefits of increased creativity in the workplace

• Reduce paid input from creative third parties.
• Increase employee trust.
• Increase employee motivation.
• Increase employee engagement and reduce workplace stress.
• Increase employee collaboration and teamwork.
• Increase employee self-development. 
• Improve work-life balance in the workplace

Adding Liquidity

Adding liquidity involves putting an equivalent value of either ETH & ERC20 or BNB & BEP20 tokens into the related exchange contract. The first liquidity providers determine the initial exchange rate by depositing what they think is comparable to the coin and tokens value. If the initial rate is low, arbitrage traders will bring the rate to equilibrium at the initial providers' expense.

Liquidity Earnings

Suko Swap does not charge a platform fee. The trading fee is a low 0.2%, with 0.17% going to the liquidity providers and the remaining 0.03% going to the Soku Swap treasury, where a portion is used for the development, customer service, and user rewards. The swapping fee is immediately deposited into liquidity reserves.

Creating Exchanges

SokuFactory.sol is the smart contract where all the magic happens. It creates exchanges for each trading pair on Soku Swap. The public function createPair()allows any user to deploy an exchange contract for any pair of ERC20 or BEP20 tokens that do not already have one. The code below shows how the exchange is executed.

Soku Swap is a decentralized exchange (DEX) hosted on the Ethereum network and the Binance smart chain. DEX uses automated smart contracts from market makers to create a liquidity pool for ERC-20 tokens and BEP-20 tokens. These features allow users to trade using algorithms rather than the order books used on conventional exchanges.

Official links for more details,

Website: https://www.sokuswap.org
ANN: https://bitcointalk.org/index.php?topic=5327040.0
Twitter: https://twitter.com/SokuSwap
Telegram: https ://t.me/sokuswap
Discord: https://discord.gg/DgNnfGWbd4
Facebook: https://facebook.com/Soku-Swap-102896308602496
Youtube: https://www.youtube.com/channel/UCdJFtg_BmXHhPeCJVgoqF3A
Medium : https://sokuswap.medium.com

Authorship

Smart Chain (BSC) Wallet Address: 0xdD06362dA2952c3717B10eA2AA59571EDc802098
BitcoinTalk username : rudyjavon
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1775685
Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5331559.msg57002716#msg57002716