Soldex, Solana-built Decentralized Exchange Partners with Larix Protocol

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The growth of the cryptocurrency industry has raised many concerns. From security and scalability, starter entry, untrusted custodianship and order matching on exchanges, to a comprehensive user experience.

To achieve mass adoption, exchanges between third generations are needed that will solve these problems.

Cryptocurrency and blockchain technology continues to evolve and change to suit the needs of users.

Decentralized exchanges are revolutionary and essential parts of this development, providing users with privacy, security, and sovereignty over their crypto assets.

However, any active DeFi user must have encountered the following drawbacks while using DEX:

  • Transaction speed is slow
  • Not enough sizes
  • Expensive gas charges
  • low liquidity
  • bad user experience;
  • Executing your trades manually.

Although experienced and novice traders alike feel these drawbacks, beginners are often affected as they have to educate themselves about market conditions and make risky financial decisions on their own.

Soldex, a third generation DeFi protocol that is built on Solana, aims to solve these problems.

Soldex, the next generation DEX

Soldex is the fastest, easiest and most user friendly 3rd generation build on Solana.

It’s the next step in DeFi’s evolution as it aims to operate in all market conditions, 24/7, with emotion-free machine learning and neural network algorithms.

As a third-generation exchange, Soldex aims to solve the problems that centralized exchanges face in order matching and untrusted custodians on existing decentralized exchanges.

With Soldex, users will enjoy decentralization and artificial intelligence trading.

The Soldex protocol is created to provide users with the main advantages of increased transaction speed, automated trading and an easy-to-use interface.

Increase transaction speed

One of the main pain points for DeFi users is the slow transaction time.

Nobody wants to spend long minutes waiting for a simple transaction to complete.

The slow transaction time coupled with high gas charges discourage retailers from using DEXs.

This is one of the reasons the Soldex protocol is built on Solana.

At Solana, the average cost of trading tokens is around $0.00001 per transaction and at a speed of about 65,000 TPS (transactions per second). Compared to Ethereum’s meager 15 TPS, Solana’s scalability is enormous.

By taking advantage of the flexibility and efficiency of Solana’s ecosystem, Soldex will be able to solve the problems of slow transaction times and high gas fees.

Soldex users can make fast, cheap and efficient transactions.

automated trading

With Soldex’s automated trading feature, users will be able to trade 24/7, in all market conditions, without the risk of human error.

Crypto-asset trading is often a risky and emotional business for many crypto users, especially beginners.

The Soldex protocol aims to eliminate this risk by offering users AI-powered algorithms (created by other experienced traders).

With this machine learning lever, traders will be able to design or choose their trading bots based on their individual criteria such as volatility, risk tolerance, time frame, budget, crypto currency pairs, margin, etc.

The protocol’s neural network algorithm will evaluate market data, make smart predictions about market risk and trade assets on behalf of traders. Also, it will continue to develop its capabilities based on the data collected and commercial experience.

Soldex trading robots will have the following features;

  • Market Data Analysis
  • Anticipate market risk
  • business assets

In addition, Soldex will smooth the ground between experienced and novice traders by offering users educational tools.

Their educational tools will enable experienced traders to create their own unique trading robot and even offer it to beginners for a commission.

Newbies will also have enough educational tools to guide them through the use of the AI-powered robot of their choice.

User-friendly interface

The Soldex team intends to create a DEX optimized for quick navigation and ease of use. This ensures users enjoy incentivized liquidity, increased swaps, real-time transactions and convenient deposits.

One can say that the Soldex team has a wide range of experiences; And after noting the challenges other DEXs face, he aims to solve them all.

Why Solana? What is interesting about the Solana ecosystem?

The Soldex team understands one important factor: for cryptography to be widely adopted, it must expand at an exponential rate while reliably maintaining its neutrality. Building on a blockchain where transactions cost more than $30 and last several minutes before they are completed will not achieve much-needed scalability.

However, Solana is the perfect blockchain for the next generation of DEXs looking to expand.

With her new proof of date mechanism and other technologies responsible for her impressive speed and scalability, Solana has proven with results that she is more than capable of fulfilling her mission of mass adoption.

Solana boasts 65,000 transactions per second (TPS), these numbers make Ethereum’s meager 15 TPS seem nonexistent.

Also, Solana’s average price of $0.00001 per transaction is negligible compared to the high gas fees on the Ethereum blockchain.

Solana also has an impressive infrastructure built on top of a number of smart contracts and blockchain oracles. Leveraging this infrastructure, Solana-based protocols will be able to enable a cheap, fast and intuitive trading experience for its users while keeping their platform completely decentralized.

Soldex’s latest partnership
Larix – The first metaverse-based funding protocol on the Solana ecosystem.

The Soldex team recently collaborated with Larix.

Larix is ​​the first and only protocol that supports LP mortgage lending with automatic installation. The only one in Solana!

This partnership allows the two protocols to synchronize and work together.

Larix is ​​the leading borrowing and lending protocol in the Solana blockchain.

It has created more efficient capital risk management suites that ensure that a wide range of collateral types, stablecoins, NFTs, crypto tokens and synthetic assets can be used in a safe and secure manner.

Lares uses a dynamic interest rate model.

Larix is ​​Solana’s first lending project that has been audited and audited by SlowMist – a well-known and reputable smart contract auditor.

It is the first lending protocol with direct mining functionality. It is also the first open source lending protocol on Solana.

Through this cooperation between Soldex and Larix, Soldex will gain increased interest and recognition in the market.

What do you notice from the outside:

There will be an AMA in the Soldex community on January 11th, at 12 noon CET. During this AMA, more details about this partnership will be revealed.

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