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What is Sofa Swap?

SofaSwap stands out as a groundbreaking decentralized trading protocol that enables coin-margined futures, allowing participants to stake various tokens from ETH, HECO, and BSC as collateral while also permitting token utilization for settlement. The platform comprises three specific roles: the Trader, who actively pursues high yields at increased risks; the market Maker, who adopts a more passive stance for moderate returns with manageable risks; and the Farmer, who provides liquidity through token staking and enjoys minimal returns with no risk involved. Users have the flexibility to modify their token allocations based on the interactions among these roles, thereby improving the overall liquidity of the platform. In a recent development, SofaSwap launched single-token lock-up mining, wherein returns are given in the form of the original tokens staked, with profitability linked to the lock-up duration while preserving the principal amount securely and without risk. The fee structure for transactions allocates 60% to market maker liquidity providers, 30% to the platform's operational expenses, and 10% to liquidity providers, which collectively helps increase the value of SOFA tokens. By effectively tackling the essential requirement for viable hedging options, SofaSwap aims to enhance the market visibility and value of tokens often plagued by low liquidity. This multifaceted approach not only boosts user participation but also cultivates a more resilient trading environment, ultimately fostering long-term growth in the decentralized finance sector.

What is Envelop?

The Envelop Wrapper serves as an innovative tool designed to add extra functionalities to NFTs, such as financial arrangements, on-chain royalties, and secure liquidity through time and value locks. In its current iteration (ver.1), users have the flexibility to select from a range of capabilities, either individually or in combination, which include: event-triggered locks, time-triggered locks, incorporating various coins, tokens, or NFTs within the NFT2.0 framework, minting upgradable Soulbound Tokens, certificates, gift tickets, and configuring multiple royalty options. It's important to note that the advanced NFT2.0 framework is entirely compatible with both ERC721 and ERC1155 standards, thereby enabling smooth transactions across any NFT marketplace. These user-friendly features open up a wealth of new possibilities for NFTs, such as digital gifting, liquidity farming, upgradable SBTs, and trustless revenue sharing. Additionally, the Envelop Wrapper empowers creators and investors alike to explore innovative use cases, significantly enhancing the value and functionality of digital assets in the evolving blockchain landscape.

Media

Media

Integrations Supported

Ethereum
Arbitrum
BNB Smart Chain (BSC)
Binance
MetaMask
Polygon
Telegram

Integrations Supported

Ethereum
Arbitrum
BNB Smart Chain (BSC)
Binance
MetaMask
Polygon
Telegram

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$0
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sofa Swap

Date Founded

2021

Company Website

www.sofa.pub/

Company Facts

Organization Name

Envelop

Date Founded

2021

Company Website

envelop.is

Categories and Features

NFT

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