Enabling secure and decentralized token swaps on the SUI Blockchain. Mainnet 15 May
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BERMEN, GERMANY / ACCESSWIRE / May 12, 2023 / SuiDex is a cutting-edge Automated Market Maker (AMM) on the SUI blockchain designed to facilitate decentralized token exchange. The protocol is created using smart contracts written in the MOVE language and published on the SUI mainnet/testnet.
Written in Move: A new smart contract language designed with security
The SuiDex protocol is developed using the MOVE smart contract language. This is a new programming language that has been specially developed to create safe and secure smart contracts. Developed by the team at Facebook, the language is quickly becoming the best language for smart contract development on the Libra blockchain.
High speed transactions
The SuiDex protocol is built on the SUI blockchain, which is known for its fast transaction times and low fees. This means users can trade tokens quickly and easily, without having to worry about slow transaction times or high fees.
Lower trading fees than other top decentralized exchanges
Another innovative feature of the SuiDex protocol is the treasury. This is a pool of funds that receives a portion of each exchange transaction fee. This creates a sustainable revenue stream for the SuiDex protocol, which can be used to fund ongoing development and support.
In conclusion, SuiDex is a cutting-edge AMM that has been designed to enable secure and decentralized token exchanges on the SUI blockchain. The protocol offers a number of innovative features, including uncorrelated token swaps, stable correlated asset swaps, a treasury that receives a portion of each swap transaction fee, and high-speed transactions. It is also written in the MOVE smart contract language, which is specially developed for creating safe and secure smart contracts. With its low trading fees and fast transaction times, SuiDex is quickly becoming one of the most popular decentralized exchanges for trading tokens.
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SuiDex The Road to the Mainnet
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Mainnet 15 May
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This launch is a significant milestone for the project, as it will mark the transition from a Testnet environment.
Media contact:
Name: Sebastian Kev
Email: [email protected]
SOURCE: SuiDex
See the source version at accesswire.com:
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