Work Process

What Is SOLANAX?

Solanax is a Solana blockchain-based automated market maker (AMM) that uses the decentralized exchange's central order book to facilitate lightning-fast trades, pooled liquidity, and additional features for earning income. To enable low-cost and high-speed transactions, Solana was chosen as the underlying blockchain. It is a permissionless, high-performance blockchain based on Proof of History (PoH).

SOLANAX LOW-COST FEES

Solanax offers nearly-zero fees to provide liquidity to an AMM pool, farm the LP token and harvest the rewards.

SOLVING LIQUIDITY

Many DeFi AMMs provide many of the same features. Because liquidity providers prefer one exchange over another, traders should avoid paying for slippage on the DEX, which has limited liquidity.

LIMIT ORDERS SOLVES THIS

Traditional AMMs allow you to specify the number of tokens to be traded and the amount of slippage. If the conditions are not met, the order and gas fee are wasted rather than waiting for a transaction to proceed.

About Solanax

Roadmap

Stage 1
2021 Early Q3
  • Platform Incentives
  • Marketing and brand awareness campaign
  • Official Launch of the Platform
  • Governance Platform Development
Stage 2
2021 Q3
  • Solanax swaping launch
  • Solanax liquidity launch
  • Integration of wormhole bridge linking two blockchains ERC-20 ⇄ SPL
  • Listing on major exchanges
Stage 3
2021 Q4
  • Cross-Chain Integration
  • Solanax prediction markets
  • Fully decentralized auction protocol
  • Launch of SOLANAX - open source liquidity and DeFi protocol
About Solanax

Ecosystem

  • Private and Public IDO on Solstarter
  • SOLD Token Model Incentive and Research
  • Implementation of Solana Blockchain (PoH)
  • SOL Smart Contract implementation on Solidity
  • Strategy and Startup Marketing Plan
  • DEX Protocol Launch
  • AMM Liquidity Pools Protocol Launch
  • A simplified user interface (SUI)
  • Platform Launch
  • Vision sharing between stakeholders using Governance
  • Cross blockchain Bridge implementation via Wormhole / Binance Bridge / Solanax aToken Converter
  • Launch of Fastest Decentralized Exchange built on Solana Blockchain

Launching

We’re happy to say that our product is in its final stage and will be released soon!
So far it has been going quite well and we’re expecting to launch December.

You can check what our developers have been working on for the past couple of months by clicking this link.

Our Vision

SIGNIFICANCE OF SOLANA

SIGNIFICANCE OF SOLANA

Solana is widely expected to establish the new crypto standard for DEX platforms. Investors view the Solana blockchain as a platform that enables lightning-fast transactions on the blockchain at a low cost.

DEX LIQUIDITY

DEX LIQUIDITY

AMMs like SOLANAX provide a compelling alternative, providing innovation in the DeFi liquidity concept for setting contract-based limit orders without slippage. If the trade criteria are not met within limit orders on DEX, the order and gas price are not wasted.

ETHEREUM VS SOLANA

ETHEREUM VS SOLANA

The ERC20 standard was designed for Ethereum, and it is becoming increasingly expensive. Solana drastically decreases transaction prices and speeds up the process. Future developments will be able to benefit from enhanced capabilities.

WORMHOLE BRIDGE

WORMHOLE BRIDGE

Wormhole: A bidirectional, decentralized ERC-20 ⇄ SPL token bridge between Ethereum and Solana, allowing existing projects, platforms, and communities to move tokenized assets seamlessly across blockchains to benefit from Solana’s high speed and low cost.

SOLDonomics

Soldonomics

Frequently Asked questions

What are the transaction fees on Solana?

Through its Proof of History design, it can reach over 50k transactions per second while keeping costs to $10 per 1 million transactions.

What is the ultimate purpose of the project?

The ultimate goal is to launch SOLANAX - open source liquidity and DeFi protocol that the Solana community can easily adopt and reuse for future projects.

How Fast Is Solana Blockchain?

Its blockchain uses a revolutionary technique of transaction verification that is substantially faster. For example, Ethereum currently handles about 15 transactions per second, while Solana is capable of more than 50,000 TPS! Using a Proof of History (PoH) method, Solana became the fastest blockchain by handling thousands of transactions per second.

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