- Zero frontrunning, fearless trades, minimal slippage, support for market makers and trading bots with interoperability are all features of a rapid unreliable crosschain #DEX with a builtin order book for establishing stop losses and profittaking levels.Liquidity providers are incentivized to provide liquidity to lowvolume assets for higher rewards, as they receive a share in proportion to the volume they provide to the pool. - The DEX fee distribution is 0.3% for the taker and 0.2% for the maker.SOLANAX, as well as providing the fastest #DeFi protocol presenting AMM and DEX, will implement a wormhole bridge to access the entirety of crypto assets generated on the Ethereum network. - The Wormhole is not a blockchain network, so it can safely depend on consensus and finalization of the chains that it bridges.SOLANAX is truly decentralized since all guardians perform the same computation upon observing an onchain event and sign a socalled Validator Action Approval. - Should a twothirds majority of all guardian nodes observe and sign the same event using their individual keys, then it is automatically validated by the Wormhole contracts on all chains and triggers a mint/burn.SOLANAX is nothing short of ambitious than being one of Solana’s networkleading AMM and DEX platforms, with this project we are attempting to eliminate centralized intermediaries and to pave the way for full decentralization, censorshipresistant, and safe trading within the Solana ecosystem. - SOLANAX users will be able to effortlessly execute smart contractbased trades instantly and only at a fraction of the cost of the Ethereum network in comparison. - Our end goal is to create an opensource liquidity and DeFi protocol that offers attractive interest rates in order to attract investors, as well as a protocol that the Solana community can easily adapt and reuse for future projects.Our main advantages are that we are faster and cheaper: We use the Solana blockchain’s efficiency to achieve transactions who’s are substantially faster than Ethereum, with gas prices that are a fraction of the cost. - A central order book is needed for ecosystemwide liquidity: SOLANAX provides onchain liquidity to the Our own DEX’s central limit order book, giving Raydium SOLANAX users access to the full ecosystem’s order flow and liquidity. - Trading interface: For traders who want to monitor Trading View charts, place limit orders, and exercise more control over their trading. - Liquidity providers have an incentive to provide liquidity to lowvolume assets for higher rewards, as they get a share directly proportional to the volume they provide to the pool. - When you make a trade or exchange on SOLANAX, you’ll be charged 0.3% for the taker order and 0.2% for the maker. - As a reward for liquidity suppliers, 0.4% are redeposited into the liquidity pool and acts as a reward 0.1% of the SOLD tokens are sent to the staking pool as a reward for individuals who stake their SOLD tokens..
Summary of the coin Solanax
market value (Market Capital) Ranked 3152
highest price statistics: 0.75 $USD total number of coins(Supply): 80,000,000.00 coin circulated (Circulated): 45,243,661.93 coin
56.55%
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