November 26, 2022

Solana-based DEX Soldex AI: An interview with CEO John Robertson

5 min read

It is not a surprise that with larger cryptocurrency adoption things are moving faster and quicker in the blockchain world. And it became really clear that the cryptocurrency exchange market is evolving quickly, which resulted in the demand for brand-new innovations being implemented.

Soldex AI is wanting to take its users to the next action of crypto exchange advancement by offering users the quantity of engagement never seen before.

In an interview with the CEO of Solana-based DEX Soldex AI John Robertson, we are learning more about more about Unique Trading Algorithms and the abundance of advantages of the brand-new technology.

  1. Firstly, could you please introduce Soldex AI to the trading community? What inspired your group to establish Soldex AI?

Soldex AI is a cutting edge hybrid crypto exchange protocol that runs on the Solana Blockchain. One of the reasons for the development of Soldex AI is to have a third-generation exchange to fix the concerns caused by order-matching centralised exchanges and trust-less custody discovered in present decentralised exchanges.

The factor for Soldex AI protocol production is to power the new wave of versatile monetary markets. The protocol acts as a foundational layer for settlement, custody, market making, and liquidity.

Because the procedure is based upon the Solana Network, it can resolve issues frequently found within other Ethereum based DEXs. Using this new platform, users will exchange tokens at a speed greater than 50,000 deals per second. All this will be done at the average expense of $0.00025 per transaction, supposedly making it possible for efficient and fast transactions.

  1. What are the highlights and individuality of Soldex AI innovation?

Soldex AI is not only developing a DEX on Solana Blockchain but provides the versatility for producing AI trading bots for automating each unique trading technique. Traders will have the possibility of 24/7 trading and getting optimal results.

Later on developers will have the ability to provide the trading bot for success commissions. This would supply the community of incentives for further development of Soldex AI through ballot rights.

  1. AI bots? sounds intriguing, could you elaborate a bit more?

We see a big need for automated trading. 80% of traders lose due to human error. Every trader will be able to pick what strategy suits them best. That is why we are establishing different bots with custom-made criteria:

-Trading Risk
-90 Day Success Rate
-Trading Pairs
-Margins
-Other custom-made criteria

  1. What made you pick Solana for the blockchain.

Soldex AI is being constructed Solana network. Considering that the Solana is still a fairly recent network, it has some technical enhancements compared to other popular open-source blockchains like Ethereum. The primary benefits of Solana over Ethereum:

–– Trades Per Second (TPS) on Solana is 65,000 while Ethereum just boasts 30

  • The deal cost on Solana is just $0.00001 while on Ethereum it is around $12.76
  • Block time on Solana is 0.4 seconds, while in contrast, Ethereum has shocking 15 seconds
  1. In your viewpoint, why should the brand-new traders join your exchange, what would be the most significant conveniences.

The extremely first thing that the brand-new and old traders must identify is its technical prominence due to it being constructed on the Solana network, it ensures rapidness of the trades and unthinkable technical capabilities in the future. In addition, we are all acquainted with the troubles that the new enthusiasts need to go through while opening an account on the exchange. We handled to find a way to avoid all of this drag, Soldex AI is entirely permission-less, so definitely anybody, anywhere can participate in trading, supplying liquidity, and staking. There is also no KYC requirement– so you don’t require to send out ID or bank information to start trading. We think that the new and old traders alike will find this really practical and appealing.

  1. Could you inform us more on SOLX tokenomics?

Soldex AI plans to construct a platform generate millions with a revenue structure that is transparent, reasonable and profitable. In order to attain this goal, Soldex AI will use a native Solana token – – Soldex AI (SOLX).

The biggest portion of the tokens will go through a private sale, which would be 30%. Next, there will be around 5% will go on a public sale. 14% will be liquidity and the rest will go to the developing group, consultants and etc.

  1. The job itself looks really promising, however why people should buy SOLX, what utilizes it will have?

The SOLX token can be used for governance rights, paying transaction costs and staking for earnings. We visualized a brilliant future for the token and we make certain that list of the usage will grow as Solana uses great opportunities for improvements in the future.

  1. What is Soldex AI academy and its objectives?

The ultimate goal of Soldex AI academy is to develop a strong and dynamic Solana DeFi neighborhood. Our Vision is to be an educational resource, designed to assist new users end up being knowledgeable about Solana and DeFi and its crucial concepts. Soldex AI wants to utilize this academy to describe Solana and DeFi to anyone brand-new to the innovation, help new developers to start structure, learn and expose to the technology provided by the Solana, showcase resources created by the neighborhood, and construct a joined and impactful community.

  1. Is there any vesting schedule for token holders?

All private sales for severe tasks have vesting to stop people from dumping their tokens and crashing the cost on day one of trading. SOLX vesting schedule is 20% upon payment and the balance vesting monthly at 10% monthly after the TGE.

  1. Is there any possibility for retail to sign up with SOLX private sale?

Yes, presently we are on the 2nd continuous private sale round II given that round I was oversubscribed. In overall there will be 3 rounds. We have an existing rate, which is $0.06 per token, on the launch day on December 10 it will be $0.1 per token. Presently, we are very pleased to have such an excellent engagement and eagerness from the public, we managed to attract private financiers, business investors, funds and much more.

There is an ongoing SOLX personal sale. To participate you can visit soldex.ai or contact sales@soldex.ai!.?.!