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Sakai Vault (SAKAI) is a decentralized perpetual exchange built on the Binance Smart Chain. As a Layer-2 exchange, it utilizes second-layer scaling technology to provide faster transaction speeds and lower costs than the blockchain’s base layer. The exchange operates in a trustless and non-custodial environment, offering advanced trading algorithms for high liquidity and low slippage. It supports various trading pairs, customizable order types, and features like funding rates and insurance fund mechanisms to protect traders from liquidation risks. With Sakai Vault, traders can enjoy the advantages of a centralized exchange while benefiting from the security and control of a decentralized platform.
Sakai Vault’s decentralized exchange (DEX) is built on a multi-chain infrastructure, allowing users to trade cryptocurrencies across different blockchain networks. This gives users full control over their assets and trades, enhancing security and privacy compared to centralized exchanges. The DEX supports trading on Binance Smart Chain, Ethereum, and other chains within the platform. By leveraging the DEX, users can trade their assets under their control, reducing the potential risks associated with centralized exchanges. With increased security and privacy, Sakai Vault’s DEX aims to attract users seeking a decentralized, non-custodial trading experience.
Sakai Vault’s ecosystem includes features such as a referral program, staking, and a provably fair lottery. The referral program allows users to earn rewards by inviting friends to the platform, with rewards increasing based on the number of referrals. Staking allows users to earn rewards by holding and staking SAKAI and other tokens on the Binance Smart Chain. Users can participate in network governance by staking their tokens and earning passive income. The platform’s lottery feature allows users to win rewards through a provably fair lottery game using the native token. Through these features, Sakai Vault aims to engage users, grow its community, and increase liquidity and trading volume on the platform.
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