Although these drawbacks are felt both by experienced traders and newbies alike, newbies are mostly affected as they are forced to educate themselves on market conditions and make risky financial decisions all on their own.Soldex, a next generational DEXIt is the next step in DeFi evolution as it aims to work on all market conditions, 24/7, with emotionless machine-learning and neural network algorithms.
Leveraging on the flexibility and efficiency of the Solana ecosystem, Soldex would be able to solve the problems of slow transaction time and high gas fees.With Soldex’s automated trading feature, users would be able to trade 24/7, in all market conditions, without the danger of human error. Additionally, Soldex would level the playing ground between experienced traders and newbies by offering educational tools to users.
One can say that the Soldex team has a wide range of experiences; and, having noted the challenges faced by other DEXs, aims to solve them all.The Soldex team understands one crucial factor: for crypto to become widely adopted, it needs to scale at a tremendous rate while remaining credibly neutral. Building on a blockchain where transactions cost over $30 and last several minutes before completion wouldn’t achieve this needed scalability.
Solana also possesses an excellent infrastructure built on several smart contracts and blockchain oracles. Leveraging this infrastructure, protocols built on Solana would enable a cheap, fast, and intuitive trading experience for their users while still keeping their platform fully decentralized.Larix – the first metaverse based finance protocol on the Solana ecosystem. The Soldex team recently partnered with Larix.
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