SuiDex is one of the first AMM (Automated Market Maker) on the SUI blockchain, created to enable safe and decentralized token swaps. The protocol uses smart contracts developed In-house, written in the MOVE language, and published on the SUI mainnet/testnet.

There are 5 broad functions of SuiDex. An Exchange, A Liquidity Swap, Farming/Staking, IFO/Launchpool and Aggregation pool.

Exchange: Exchange is at the heart of SuiDex for digital assets on the SUI. The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn SuiDex tokens in the "Farms".

Liquidity Swap : When liquidity is added to the pool, you will get LP tokens. When someone makes a token swap, a small transaction fee will be returned to liquidity providers in the form of a fee reward. The liquidity pool will also allow you to stake your LP tokens to earn SuiDex tokens in the “Farm”.

Farming/Staking : SuiDex Farms offer multiple farming opportunities to our users. You can stake your LP tokens and earn SuiDex tokens in return. We will incentivize many liquidity pairs by offering our Liquidity Providers the chance to stake their LP tokens in our farms. LP rewards APR earned through providing liquidity and; Farm base rewards APR earned staking LP Tokens in the Farm.

SuiDex aims to provide users with the most lucrative and convenient products to earn crypto. Fixed Staking presents users with prominent advantages:

Fixed APR, Stake & Earn, A unique feature, No impermanent loss.

IFO/Launchpool : SuiDex Launchpool is a less resource-intensive alternative to mining. It lets you use your tokens to earn more tokens, for free. Simply put, you lock your cryptocurrency to receive rewards.

Aggregation Protocol : The difference between the swap price at the time of the request and the price at the time the transaction is completed is known as the Swap Excess. When the executed price is sometimes higher than the specified price, it happens in swap transactions.The Swap Excess distribution is completely governed and under the absolute authority of SuiDex. Any SuiDex token holder can immediately vote on the allocation of the Swap Excess on SuiDex Dapp using Instant Governance.The size of this award, which will be given to referrers, will be determined by the DAO. The sum of all referral bonuses will be converted into SuiDex tokens. Referrers can then use one gas-efficient claim transaction to collect their percentage of SuiDex tokens across all pools.

Liquidity providers can change Default values separately for each pool. They are determined by liquidity providers using a similar voting system. You can vote or change your vote at any time.

SuiDex has partnerships with almost all the established and emerging protocols and DAPPS/DEXs inside the SUI Ecosystem including Sui Insider, Sui Global, Sui detective, Soshin , Sui community, Quest3 etc.

Going forward as we will witness more and more people adopting the SUI Ecosystem, we will see large scale usage of Suidex . blockchains are the future tools of day to day work and the day is near when DEXs will be part of daily life of everyone and we are hopeful the Suidex with its use cases ,will be the major desk across all chains.

written by mildsmokes.eth.
SUI address : 0x66f6343172c3855a0312afa72e87a8a798c26ef3.

SuiDex is one of the first AMM (Automated Market Maker) on the SUI blockchain, created to enable safe and decentralized token swaps. The protocol uses smart contracts developed In-house, written in the MOVE language, and published on the SUI mainnet/testnet.

There are 5 broad functions of SuiDex. An Exchange, A Liquidity Swap, Farming/Staking, IFO/Launchpool and Aggregation pool.

Exchange: Exchange is at the heart of SuiDex for digital assets on the SUI. The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn SuiDex tokens in the "Farms".

Liquidity Swap : When liquidity is added to the pool, you will get LP tokens. When someone makes a token swap, a small transaction fee will be returned to liquidity providers in the form of a fee reward. The liquidity pool will also allow you to stake your LP tokens to earn SuiDex tokens in the “Farm”.

Farming/Staking : SuiDex Farms offer multiple farming opportunities to our users. You can stake your LP tokens and earn SuiDex tokens in return. We will incentivize many liquidity pairs by offering our Liquidity Providers the chance to stake their LP tokens in our farms. LP rewards APR earned through providing liquidity and; Farm base rewards APR earned staking LP Tokens in the Farm.

SuiDex aims to provide users with the most lucrative and convenient products to earn crypto. Fixed Staking presents users with prominent advantages:

Fixed APR, Stake & Earn, A unique feature, No impermanent loss.

IFO/Launchpool : SuiDex Launchpool is a less resource-intensive alternative to mining. It lets you use your tokens to earn more tokens, for free. Simply put, you lock your cryptocurrency to receive rewards.

Aggregation Protocol : The difference between the swap price at the time of the request and the price at the time the transaction is completed is known as the Swap Excess. When the executed price is sometimes higher than the specified price, it happens in swap transactions.The Swap Excess distribution is completely governed and under the absolute authority of SuiDex. Any SuiDex token holder can immediately vote on the allocation of the Swap Excess on SuiDex Dapp using Instant Governance.The size of this award, which will be given to referrers, will be determined by the DAO. The sum of all referral bonuses will be converted into SuiDex tokens. Referrers can then use one gas-efficient claim transaction to collect their percentage of SuiDex tokens across all pools.

Liquidity providers can change Default values separately for each pool. They are determined by liquidity providers using a similar voting system. You can vote or change your vote at any time.

SuiDex has partnerships with almost all the established and emerging protocols and DAPPS/DEXs inside the SUI Ecosystem including Sui Insider, Sui Global, Sui detective, Soshin , Sui community, Quest3 etc.

Going forward as we will witness more and more people adopting the SUI Ecosystem, we will see large scale usage of Suidex . blockchains are the future tools of day to day work and the day is near when DEXs will be part of daily life of everyone and we are hopeful the Suidex with its use cases ,will be the major desk across all chains.

written by mildsmokes.eth.
SUI address : 0x66f6343172c3855a0312afa72e87a8a798c26ef3.