Introducing Sodaki 🥤

Suiteki
2 min readJun 23, 2021

A minimal data analytics web app, built on top of Ref Finance, the first Uniswap-like and multi-purpose Decentralized Finance (DeFi) platform built on NEAR Protocol.

Why?

1. Supporting a lightning ⚡️ AMM

Interacting with Automated Market Makers (AMMs) within seconds and at nearly zero cost is the new normal. Although all eyes seem to be focused on Polygon, a ‘layer 2’ blockchain that scaled the Ethereum network, our eyes are focused on Near, an ultra-scalable and user-friendly Layer 1 blockchain.

Like QuickSwap on Polygon, Ref Finance is one of the first lightning AMMs, taking advantage of NEAR’s low fees ($0.005 per swap), one-to-two second finality, and WebAssembly-based runtime (hello, Rust smart contracts!).

2. Empowering Ref Finance DeFi power 🦹‍♀️ users

While Ref’s core team is currently working on Governance and exciting new features (check link 👈), Sodaki aims at providing insights and data analysis to Ref users, helping them to have a better understanding of the ecosystem and take data-driven decisions relating to:

  • Swap
  • Liquidity provision

I hope you will enjoy navigating this beta version, more insights and data are being cooked and will be released in a next version.

By Didier Pironi

About us

Suiteki designs, develops and deploys on-demand trading solutions. Empowering investors in their crypto journey.

Disclaimer

Suiteki does not endorse or promote any of the projects or cryptocurrencies mentioned in this blogpost. Any descriptions of functionality and services provided are for information only. Suiteki is not responsible for any loss of funds or other damages caused as a result of using the projects described above.

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