It’s no surprise that with cryptocurrency becoming more widely adopted, things are moving faster and faster in the blockchain world. And it became very clear that the cryptocurrency exchange market is developing rapidly, which has led to the demand for new technologies being implemented.
Soldex AI hopes to take its users to the next step in the evolution of cryptocurrency exchange by giving users a level of engagement never seen before.
In an interview with John Robertson, CEO of Solana-based DEX Soldex AI, we learn more about unique trading algorithms and the abundance of benefits of new technology.
- First, can you introduce Soldex AI to the trading community? What drove your team to develop Soldex AI?
Soldex AI is an advanced hybrid crypto exchange protocol that runs on the Solana Blockchain. One of the reasons for creating Soldex AI is to have a 3rd generation exchange to solve the problems caused by centralized exchanges to match orders and less trusted custodians that exist on existing decentralized exchanges.
The reason behind creating the Soldex AI protocol is to support the new wave of flexible financial markets. The protocol acts as a basic layer for settlement, custody, market making and liquidity.
Since the protocol is based on the Solana network, it can solve common problems with other Ethereum-based DEXs. With this new platform, users will exchange tokens at a speed of more than 50,000 transactions per second. All this will be done at an average cost of $0.00025 per transaction, allowing for efficient and fast transactions.
2. What are the advantages and distinctions of Soldex AI technology?
Soldex AI not only creates a DEX on the Solana Blockchain but also provides the flexibility to create AI trading bots to automate each unique trading strategy. Traders will have the ability to trade 24/7 and get maximum results.
Later the developers will be able to lend the trading bot to get successful commissions. This would provide the community with incentives to further develop Soldex AI through voting rights.
3. Artificial intelligence robots? Sounds interesting, can you add more details?
We see a huge demand for trading automation. 80% of traders lose due to human error. Each trader will be able to choose the strategy that best suits him. That’s why we develop different robots with custom standards:
Trading Risks
90 day success rate
Trading pairs
– margins
Other custom criteria
4. What made you choose Solana for the blockchain.
The Solana Network is being built by Solana AI. Since Solana is still a relatively young network, it has some technical improvements compared to other well known open source blockchains like Ethereum. The main advantages of Solana over Ethereum:
Trades per second (TPS) on Solana is 65,000 while Ethereum boasts only 30
- The transaction fee on Solana is only $0.00001 while the transaction fee on Ethereum is around $12.76
- Solana’s block time is 0.4 seconds, while in comparison, Ethereum has an amazing 15 seconds
5. In your opinion, why should new traders join your exchange, what are the biggest amenities.
The first thing that new and old traders should realize is its technical prominence since being built on Solana Network, it guarantees fast trades and unimaginable technical capabilities in the future. In addition, we are all familiar with the hassles that new enthusiasts must go through while opening an account on the exchange. We have been able to find a way to avoid all this withdrawal, Soldex AI completely does not have permission, so anyone anywhere can engage in trading and provide liquidity and bets. There is also no KYC requirement – so you don’t need to submit identity or bank details to start trading. We think new and old traders alike will find this very practical and promising.
6. Can you tell us more about the SOLX Tokenum?
Soldex AI plans to build a multimillion platform with a transparent, fair and profitable revenue structure. In order to achieve this goal, Soldex AI will use Solana’s token – Soldex AI (SOLX).
The largest portion of the tokens will go through a special sale, which will be 30%. After that, there will be about 5% for the general sale. 14% is cash and the rest will go to the development team, consultants, etc.
7. The project itself looks very promising, but why should people buy SOLX, what uses will it get?
The SOLX token can be used for governance rights, payment of transaction fees, and combined earnings. We envision a bright future for the token and are sure that the usage list will increase as Solana provides great opportunities for future improvements.
8. What is the Soldex Academy of Artificial Intelligence and its goals?
Soldex AI Academy’s ultimate goal is to build a strong and vibrant Solana DeFi community. Our vision is to be an educational resource, designed to help new users learn about Solana, DeFi and its core concepts. Soldex AI hopes to use this academy to explain Solana and DeFi to anyone new to technology, help new developers start building, learn and introduce Solana’s technology, showcase community-created resources, and build a unified and impactful community. social communication.
9. Is there any maturity schedule for token holders?
All private sales of serious projects have an entitlement to prevent people from dumping their tokens and crashing the price on the first day of trading. The SOLX vesting schedule is 20% on payment and the balance due monthly at 10% per month after TGE.
10. Is there any chance for a retailer to join a SOLX private sale?
Yes, we are currently in the second round of the second ongoing private sale, with the first round being oversubscribed. In total there will be three rounds. We have a current price, which is $0.06 per token, on launch day December 10 it will be $0.1 per token. At the moment we are very happy to have such great participation and enthusiasm from the public, we have been able to attract private investors, corporate investors, funds and many more.
There is a special sale going on SOLX. To participate you can visit Soldex.ai or call [email protected]
