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Solgem is one of the newest projects on the Solana blockchain. White paper V1 has recently been released with the latest information regarding the framework, explained priorities, and more detailed technical data, which we will go through.
Solgem offers a Defi ecosystem with highly scalable, interoperable, and secure decentralized financial products to make DeFi tools more accessible to the general public. Solgem platform provides IDO Launchpad, NFT marketplace, Lending protocol, and DEX. The Ecosystem is said to delete all intermediaries and give freedom to use all of their features by just connecting a wallet. Moreover, AMM ensures safe trading, cutting out intermediaries, and ensuring ownership of your assets. At the same time, DAO creates a proper structure for voting led by the community to ensure stable growth and decentralized decision-making.
DEX is the priority and our first piece of the Ecosystem that we focus on developing. We planned to launch a working product in Q3 2022 and, moving further, add extra features on top. Also, staking will go live, allowing users to earn passive income early on and grasp our product performance and interface use.
Because Solgem decided to choose the Solana blockchain, their DEX will allow people to have the best experience with nearly zero fees and fast transactions. AMM protocol ensures safety, No fear of losing ownership of your assets, quick funds transfers between wallets, trade multiple cryptocurrencies, stake them and move Tokens between Ethereum and Solana. Solgem DEX itself is decentralized, but we choose to use Serums's centralized order books to solve the most common
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