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?? SOY - BNB
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?? CLO - BNB
Multiplier Boost: 3x
SOYSwap is a decentralized exchange enabling quick, safe, and cheap token exchange between users. All transactions are executed from smart contracts without the need for a trusted third party, resulting in many benefits including reduced fees.
SOYSwap adopts the concept of decentralized liquidity pools that reward users for providing liquidity. Liquidity providers earn “Liquidity Providers Tokens” as an incentive to provide liquidity to different liquidity pools.
The DeFi ecosystem with a real emphasis on security. ?? https://soy.finance/
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SOYSwap’s architecture abandons the concept of an order book. Instead, users provide their funds to ensure liquidity, and the algorithm does the rest; By pooling every user's liquidity, SOYSwap creates markets according to a deterministic algorithm. This algorithm, called Automated Market Maker (AMM), provides prices to the end-user based on a set of predefined rules.
A special feature of the AMM model is its ability to always provide liquidity, regardless of the size of the order or the liquidity pool. The algorithm will increase the price of the tokens as the desired quantity increases. Thus, the system never runs out of liquidity.
