Sologenic price

SOLO

#639

SOLO Core team is an independent community of developers with the passion of making the Sologenic Ecosystem successful. It consists of developers who are actively working on various open-source projects and use cases around the XRP as well as SOLO.

The Sologenic DEX has currently over 2M views and 250K+ transsactions on weekly basis. Try trading on the Sologenic DEX: www.sologenic.org

Users can trade these tokenized assets against SOLO or XRP on Sologenic’s Decentralized Exchange (DEX). The users hold their private keys of the wallets, providing them complete ownership and authority over their crypto assets. The XRP Ledger allows for swift transactions, quick settlements, and improved security of the user's cryptocurrencies.

100% of the transaction fees are burned by being sent to the gateway’s issuing address (Blackhole). This means that Sologenic practices a deflationary mechanism to bring down the total supply of SOLO tokens.

The Sologenic DEX has currently over 2M views and 250K+ transsactions on weekly basis. Try trading on the Sologenic DEX: www.sologenic.org

Sologenic DEX is one of the most popular DEX gateways to the XRP Ledger. At the time of writing this post, the DEX has over 2,000,000 views per week and an average of 150,000 transactions going through the Sologenic DEX on a weekly basis.

Currently, the developers behind the Sologenic DEX, decide about which pairs to list on the DEX UI. This process is not really beneficial for the community and we think the engagement and the power of DEX should really be decentralized too.

SOLO Core Team has announced plans to launch an NFT marketplace platform to the existing Sologenic DEX. Users will be able to mint and list their NFTs on the upcoming Sologenic NFT marketplace by spending SOLO Tokens. Featuring an NFT will also be possible by using SOLO as a payment by using a bidding system.

100% of the SOLO Tokens collected as fees will be burned instantly.