Sofa Swap cover

Sofa Swap

About Sofa Swap

SofaSwap is an innovative decentralized coin-margined futures trading protocol that offers a range of the best crypto tools for traders. It allows users to stake various tokens issued by ETH, HECO, and BSC as margin and settle trades using different tokens. The protocol consists of three distinct roles, including the positive Trader, who has the potential for high income but also carries high risk. The passive market Maker role provides medium income with medium risk, while the Farmer role offers a low income with zero risk by staking tokens to provide liquidity.

With SofaSwap, users have the flexibility to increase or decrease the number of tokens they hold through transactions among the three roles. Additionally, the protocol provides a single-token lock-up mining feature where users can lock their tokens for a specific period, generating profits in the original tokens. The profit earned depends on the lock-up period, remains unaffected by market fluctuations, and carries no risk.

During transactions on the platform, 60% of the fees are allocated to the market maker LPs, which helps increase the value of SOFA tokens. The user platform operation receives 30% of the fees, contributing to the platform's continuous development and improvement. The remaining 10% of the fees goes to LPs and further enhances the value of SOFA tokens.

SofaSwap aims to address the rigid demand for hedging and provide a platform that increases the value of low-liquidity tokens. To achieve this, the protocol leverages the expertise of crypto trading experts and offers the best crypto trading tools, including comprehensive charting tools, crypto analysis tools, cryptocurrency investigation tools, and cryptocurrency monitoring tools.
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