AMA Recap: CRYPTO MINERS X SOLDEX

Soldex.ai is a first-of-its-kind base decentralized exchange (or DEX, for short), that is non-custodial, which means that unlike centralized exchanges, Soldex.ai does not need to possess your tokens for you to be able to trade them. Instead, Soldex.ai allows users to trade in a secure and safe manner, utilising peer-to-peer connection with liquidity that is supplied by other users. It is a third-generation crypto exchange that looks to solve the issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges by employing advanced machine learning and neural network algorithms.

We hosted an AMA session with Soldex on 28th November at 4:00 PM UTC.

Mr. Ramsy was the host from Crypto Miners and Mr. Max was the guest room Soldex. He shared delightful knowledge and unique features of Soldex.

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session Soldex

Thank you all for joining us today❣

To help us learn more about the featured project of this AMA session, we are lucky to be joined By Mr. Max , Welcome to our community 🤝

Max Soldex:
Hello everyone!

Thank you)

Ramsy:
Hello There 👋

Glad to see you here ,
Thanks for bringing Us Soldex❣

Max Soldex:
For sure

Ramsy:
I'm pretty sure that our AMA participants are very much excited to learn more about Soldex, so let's get started if you're ready!

Max Soldex:
Yes, lets go)

Ramsy:
🏍💨

So here's our first question from this segment.....

Q1) Can you give a brief explanation about 'SOLDEX' .What popped up in your mind to create such a platform in this space?

Max Soldex:
Soldex.ai is a first-of-its-kind base decentralized exchange (or DEX, for short), that is non-custodial, which means that unlike centralized exchanges. For Soldex it is not necessary to have a token, you can trade them without having them. Instead, Soldex.ai allows users to trade in a secure and safe manner, utilising peer-to-peer connection with liquidity that is supplied by other users. It is a third-generation crypto exchange that looks to solve the issues faced by centralized exchanges. Its biggest advantage is that it is using AI bots for trading, it does that by employing advanced machine learning and neural network algorithms. Soldex.ai is being built on SOLANA blockchain

Ramsy:
Thanks for this brief introduction about SOLDEX 🥂

Now let's see our second one....

Q2) So what are your main features and advantages that discern you from other projects?

Max Soldex:
So, our main advantages are -1. Permissionless. Trade perpetuals on any pairing. Our governance will ensure that the best trading pairs are available and that only the safest oracles are used.
2. Community Governance. Token holders can establish consensus by voting on governance proposals or introducing new proposals for a vote.
3. AI-Powered Trading. Emotionless machine-learning and neural network algorithms and bots.
They are making differ us from other projects!

Ramsy:
Sounds good 👌

Q3) How has the experience and background of your team been effective in the success of your project so far?

Max Soldex:
Our core team is highly skilled professionals. They are experienced entrepreneurs with successful businesses across technology and finance.

You can find our team members shown in the team page on our website. Find the link here https://soldex.ai/#team

Ramsy:
Q4) Now Share us about your Native token, What are the some of utlities of $SOLX Token in Your Ecosystem? And if possible share to us the Tokenomics of $SOLX

Max Soldex:
good question!

As mentioned Soldex.ai will use its native token SOLX.
As stated earlier, all activities on the platform will be done through its native token. The Soldex.ai token is a utility token based on its number of use cases—protocol governance, transaction fees, AI bots feeding, and staking.

Ramsy:
Now let's deal our last question from this segment....

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from SOLDEX? If possible could you please share road map with us.

Max Soldex:
So, Soldex will power the new wave of finance interaction, which will bring Artificial Intelligence into the trading world, thus enhancing trading capabilities for even the least competent traders.
One thing that we noticed about exchanges and trading is that it may be hard for newcomers, so we decided to facilitate this process and include AI bot implementation which will help newcomers and veterans alike to expand their trading capabilities and learn a thing or two. As of now we are diligently working on the AI part to bring the best experience to our users. The thing that makes it a good long-term investment is its ability to continually implement newer and more intelligent AI bots to reach our platform’s full potential.

Ramsy:
Thanks for that well detailed introduction about Soldex🤝
That's the wrap up our the first part of the AMA session✅

Max Soldex:
okay)

Ramsy:
Let’s now proceed to the Twitter Questions section,

I hope you're ready for that!

Max Soldex:
Yes,sure))

Segment 2️⃣: Twitter Questions

1) When it comes to platforms like Soldex.ai , security is a fundamental pillar. What are the security protocols that you have included in your platform to protect all the assets and products of your main commercial partners and users? How invulnerable are they?

Max Soldex:
Our technical team is working to implement security protections in the code, which would help to detect malicious activity, plus it is decentralized exchange so it lowers the risk to certain point compared to those of centralized exchanges.

2)”SOLDEX” is a Decentralised Exchange. One of the big problems for such projects is low liquidity. So what strategies will you use to attract enough liquidity? Because the more liquidity there is in the pool, the less slippage the orders will have.

Max Soldex:
Soldex utilises peer-to-peer connection with liquidity that is supplied by other users. Liquidity pool trading is predicated on having enough assets in each pool in order to facilitate instant trades. Soldex addresses this requirement by incentivizing users to deposit assets and provide liquidity.

3)Soldex is launched on solana platform which is highly capable and efficient. Do you plan to expand to other well established blockchains? Can you also tell us about the DAO of Soldex? What is the minimum $SOLX to be staked?

Max Soldex:
As for now we are planning to stay on Solana. Soldex.ai governance is very similar to other DEX governance, it is based on Community Governance. Token holders can establish consensus by voting on governance proposals or introducing new proposals for a vote. Soldex, like many other networks, will use its native token SOLX for protocol governance. As for now there is no minimum limit for staking.

4) Soldex provide an AI powered trading functionalities to the Solana ecosystem. Will you integrate trading tools such as Depth chart, Candlestick chart, Drawing tools, appropriate Time intervals in SOLX Exchange? Will SOLX be able to become a well established Dex in future?

Max Soldex:
Yes, we currently we are working on the best integration of the tools, and due to Soldex being first kind of these type of DEXs we are hoping to leave lasting impact!

5)We understand how essential advertising and marketing are to a project’s success. What are your thoughts on Soldex’s appearance on Cointelegraph? What effect does this have on the value of your brand? Could you please highlight some of the upcoming marketing initiatives?

Here's our last question from Twitter

Max Soldex:
Yes, Cointelegraph is something that we appreciate and we are that it brings trust in our project. Soldex announcements are the beat way to follow Soldex success story.

Ramsy:
Thanks Your Valuable Answers❣,
And that's the end of our twitter question segment

Now Moving on to our last segment - Live Q&A:)

Max Soldex:
For sure)

Ramsy:
Shall we go?

Max Soldex:
Yes

Ramsy:
Here we go,

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guest choose some best to answer)

1)CAN you explain the background of your team? How will you and your team carry out this project during this current pandemic????

Max Soldex:
Our core team is highly skilled professionals. They are experienced entrepreneurs with successful businesses across technology and finance.

You can find our team members shown in the team page on our website. Find the link here https://soldex.ai/#team

2) What does your roadmap for 2021-22 look like? Name some important milestones you are hoping to achieve?

Max Soldex:
The First Stage is 2021 Q2 -Q3
Marketing & brand awareness
Public IEO
Collaboration with Solana foundation
Standby for Solano smart contracts

The Second Stage is 2022 Q1 - 2022 Q2
Swapping Launch
Soldex AI prototype beta launch
Liquidity Launch
Listing on major exchanges
Global academy AI course

The Third Stage 2022 Q2 -Q4
AI trading full release
Shadow AI trading
Full launch Soldex AI protocols

3) What is the surrounding supply of $SOLX tokenomics? and why should we choose this token as a good short/long-term investment?

Max Soldex:
Max supply: 500.000.000, in circulation at first there will be a third of it. The token will be bought back via transaction fees.

4) SOLDEX Al is using Artificial neural network algorithm, to analyses the best investments and carries out the trade, I want to ask who are the developers behind this AI? AI requires initial data from where did you obtain that data?

Max Soldex:
Al bots were developed by our team. Main thing is AI bots will provide the possibility for every trader to create their unique trading strategy algorithms, so this gives an ability to test and execute their own ideas. Traders will have the possibility to share their algorithms in exchange for commision fees, which will help to develop a community of traders to make trading/investing more easier.

5) Currently a lot of people are looking at NFTs, metaverse, and games. Can you tell me what advantages will you have in this field future?

Max Soldex:
We think that NFT is definetly something that could have a real use, like for example important documentation and document transfer. We should take care NFT, staking and farming are considered to be essential, so there is no reason why Soldex should leave it behind.

*This Segment ends here*

Ramsy:
Thankyou so much For your valuable answers and information about Soldex,
It Was Pleasure Hosting An Ama With You.

Is there anything else you would like to share or you want us to know ?

Max Soldex:
No, just thank for this AMA !

Really good and interesting questions

Thank you

Ramsy:
We Wish all the very best for Project Soldex And The Entire team behind the project 🤝❤️

Community, if you would like to learn more about Soldex, here are some useful links for you:

Telagram: https://t.me/Soldexai

Twitter : https://twitter.com/soldexai

Website: https://soldex.ai/

Medium: Soldex.ai

Facebook: https://www.facebook.com/Soldex-102189735463890/

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AMA | GameFi | NFT | Metaverse | Giveaways | Promotions, “Backed by KuCoin, Hotbit, OKEX & BigOne Exchange”, Telegram group: https://t.me/Cryptominers_co

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CRYPTO MINERS

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AMA | GameFi | NFT | Metaverse | Giveaways | Promotions, “Backed by KuCoin, Hotbit, OKEX & BigOne Exchange”, Telegram group: https://t.me/Cryptominers_co

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