Explorer The Feature SoupSwap Platform

in hive-101145 •  4 years ago 

Did you know AMM?
An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm. This formula can vary with each protocol.
What is Soup Swap?

  • Swap-based SoupSwap is built on an automated field creation protocol (AMM — Automated Market Maker) that allows users to convert coins on the SoupSwap ecosystem, using Pool-bar accounts instead of setting buy sell.
  • With fast and powerful development on a decentralized financial (Defi) platform, SoupSwap is the optimal choice for overall convenience.
  • Investors can become a Liquidity Provider (LP) for a pool on SoupSwap by sending a token of equivalent value in exchange for other tokens in the pool.

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