Enabling Safe and Decentralized Token Swaps on the SUI Blockchain. Mainnet on May 15th

BERMEN, GERMANY / ACCESSWIRE / May 12, 2023 / SuiDex is a groundbreaking Automated Market Maker (AMM) on the SUI blockchain that has been designed to facilitate decentralized token swaps. The protocol has been created using smart contracts that have been 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 has been developed using the MOVE smart contract language. This is a new programming language that has been specifically designed for creating secure and safe smart contracts. The language has been developed by the team at Facebook and is quickly becoming the go-to 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 that 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 part of every swap 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 groundbreaking AMM that has been designed to enable safe and decentralized token swaps on the SUI blockchain. The protocol offers a range of innovative features, including uncorrelated token swaps, stable swaps for correlated assets, a treasury that receives a part of every swap transaction fee, and high-speed transactions. It is also written in the MOVE smart contract language, which has been specifically designed for creating secure and safe 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.

• SuiDex The Way to Mainnet
• Mainnet on May 15th
• 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