What is Soku Swap?
What is Soku Swap? What is Soku Swap? Soku Swap is a decentralized exchange (DEX) hosted on the Ethereum Network and the Binance Smart Chain. DEX uses automated market maker smart contracts to create a liquidity pool from ERC-20 tokens and BEP-20 tokens. Its features allow users to trade using an algorithm versus the order book used on conventional exchanges. The platform is designed to be easy to use, support privacy, lower fuel costs. Soku Swap is designed for traders and performs very well as any other smart contract component that requires guaranteed on-chain liquidity. How does it work? This allows users to trade using an algorithm versus the order book used on conventional exchanges. The price is determined using the formula x * y = k (x token x coins and y token coins y, and always maintains the invariance that x ∗ y = k for some k constant), and this ensures the reserve remains in relative balance. Soku Swap reserves are pooled among the liquidity providers who supply the...