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Average Ratings 0 Ratings

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Description

ParaSwap consolidates various decentralized exchanges into a single platform, frequently offering rates that surpass standard market prices. By distributing orders across multiple exchanges, ParaSwap ensures that each transaction is both optimized and secure. Additionally, whenever feasible, we utilize GasToken.io (GST2) to reduce network fees for our users. The service is entirely free, with no transaction fees imposed. Users can select their preferred token pair for swapping, such as exchanging 1 ETH for 200 DAI, and ParaSwap guarantees the best available rates and liquidity from participating exchanges. Once a swap is confirmed, the execution occurs across the selected exchanges seamlessly. Furthermore, ParaSwapPool is a privately owned liquidity source provided by our partners, enhancing the liquidity and pricing options available to users. If you're interested in becoming a liquidity provider for ParaSwapPool, we invite you to reach out for more information. Engaging with us not only supports the ecosystem but also contributes to a more robust trading experience for all users.

Description

SofaSwap is an innovative decentralized trading protocol that facilitates coin-margined futures by allowing users to stake a variety of tokens from ETH, HECO, and BSC as margin, while also enabling the use of tokens for settlement purposes. This platform features three distinct roles: the proactive Trader, who seeks high returns but faces significant risks; the passive market Maker, who earns moderate returns with balanced risks; and the Farmer, who earns minimal returns with no associated risk by providing liquidity through token staking. Users can adjust their token quantities based on the transactions conducted among these roles, enhancing the platform's liquidity dynamics. Recently, SofaSwap introduced single-token lock-up mining, where the returns are distributed in the original tokens staked, with profits determined by the duration of the lock-up while maintaining the principal amount intact and risk-free. In terms of transaction fees, the distribution allocates 60% to market maker liquidity providers, 30% to operational costs for the user platform, and 10% to liquidity providers, thus contributing to the value appreciation of SOFA tokens. By addressing the fundamental need for effective hedging solutions, SofaSwap also seeks to elevate the market presence and value of tokens that typically suffer from low liquidity. This comprehensive approach not only enhances user engagement but also fosters a more robust trading ecosystem.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Ethereum Yes 
BNB Smart Chain (BSC) No 
Base App Yes 
Bridge Wallet Yes 
Cryptio Yes 
DackieSwap Yes 
DeBank Yes 
Enzyme Yes 
Kyber Network Yes 
Ledger Yes 
MetaMask Yes 
OctoFi Yes 
Pennysia Yes 
Swoop Exchange Yes 
Telegram No 
Trezor Yes 
WalletConnect Yes 
XDEFI Wallet Yes 
ZenLedger Yes 

Integrations

Ethereum Yes 
BNB Smart Chain (BSC) Yes 
Base App No 
Bridge Wallet No 
Cryptio No 
DackieSwap No 
DeBank No 
Enzyme No 
Kyber Network No 
Ledger No 
MetaMask No 
OctoFi No 
Pennysia No 
Swoop Exchange No 
Telegram Yes 
Trezor No 
WalletConnect No 
XDEFI Wallet No 
ZenLedger No 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

ParaSwap

Founded

2019

Country

France

Website

paraswap.io/#/

Vendor Details

Company Name

Sofa Swap

Founded

2021

Website

www.sofa.pub/

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