Sudoswap or SUDO is a gas-efficient AMM protocol that enables customizable NFT-to-token and token-to-NFT swaps. At the platform, users can easily and efficiently exchange NFTs and tokens. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (SUDO/USDT – Trade it here) on our Innovation Zone! Check it out now!
How Does SudoSwap Work?
Sudoswap is a highly efficient automated market maker (AMM) protocol that makes it easy to swap NFTs and tokens using customizable bonding curves. Sudoswap supports all ETH and ERC20 tokens, as well as ERC721 NFTs. With Sudoswap, liquidity providers (LPs) can deposit assets into single-sided buy or sell pools, or into dual-sided trade pools that buy and sell NFTs with an optional spread to capture trading fees. And unlike other floor NFT protocols, Sudoswap treats all ERC721 IDs equally. So, it doesn’t matter which NFT you send in or out from the collection – pools that are willing to buy or sell NFTs will return the same price.
Here’s how it works: Liquidity providers deposit NFTs and/or ETH or an ERC20 token into liquidity pools, choosing whether to buy, sell, or trade NFTs, and set the initial price and bonding curve parameters. Users can then buy or sell NFTs from or into these pools, with the price changing based on the bonding curve for each pool. Liquidity providers have the flexibility to modify pool parameters or withdraw assets at any time.
Is SudoSwap a Good Investment?
Sudoswap is a good platform for users looking for AMM NFT trading. Furthermore, it is very user-friendly and safe. It can also eliminate the need for users to wait for offers, and they can instantly trade NFTs with others at a fair price as long as there is sufficient liquidity Overall, it has the potential for a good long-term investment if you know what is happening. However, as with any investment, there are certain risks, and it’s important to weigh these risks against the potential rewards before making any decisions. This is not financial advice.
Where to buy SUDO Token
You can find SUDO Token here at MEXC! We are listing SUDO/USDT in our Innovation Zone!
What is the Price of SUDO Tokens?
The price of the SUDO token is $2.06 per unit. It has a fully diluted market cap of $123,808,443. It also has a 24-hour trading volume of $123,808,443. You can check the live price of their token right here!
How to buy SUDO Tokens
You can buy SUDO Tokens on MEXC by following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “SUDO” using the search bar to see the available trading pairs. Take SUDO/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of SUDO you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy SUDO] to confirm your order. You will find the purchased SUDO in your Spot Wallet.
You can find a detailed guide on how to buy SUDO Tokens here.
Keep Yourself Updated With The Crypto Trend
Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!
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