Hoo Group Limited partners with Soldex

Published on: 16.10.2021

Soldex team is excited to announce that Hoo Group Limited has signed a strategic investment partnership with Soldex through its investment division. This is a great stamp of approval of how large established entities within the crypto space are seeking exposure to the Solana ecosystem by investing in and partnering with Soldex.

Hoo Cub Fund is an independent fund brand under Hoo Group Limited, with an initial fund size of $100 million, focusing on promoting the balanced development of the global blockchain industry with technological innovation and model innovation in the global blockchain field.

As an investor with a long-term investment vision, Hoo Cub Fund is committed to supporting its portfolio companies in many aspects such as media marketing, technology development, and operation expansion, and continuously creating value for global users in the early stage of projects.

Main investment directions:

  • Infrastructure: Layer2, an innovative project that addresses technical performance, efficiency and scalability issues.
  • Trading and financial projects: DeFi derivatives, NFT, Metaverse.
  • Popular public chain ecology projects: Ether, Polka, Storage, Solana ecology, HSC ecology;
  • Tools: wallets, data analysis applications, privacy protection.

About Soldex

Soldex.ai is one of the first basic decentralized exchanges (DEX) built on Solana and allows users to conduct peer-to-peer transactions in a safe and reliable manner, with liquidity provided by users. This third-generation cryptocurrency exchange will use advanced machine learning and neural network algorithms to solve the current problems faced by decentralized exchanges in order matching, centralization, and trustless custody.

  • Permissionless: Trade perpetual on any pairing. Our governance will ensure that the best trading pairs are available and that only the safest oracles are used.
  • Efficiently Incentivized Liquidity: Liquidity pool trading is predicated on having enough assets in each pool to facilitate instant trades. Soldex addresses this requirement by incentivizing users to deposit assets and provide liquidity.
  • Community Governance: Token holders can establish consensus by voting on governance proposals or introducing new proposals for a vote.
  • Ecosystem Foundation Layer: Attract assets and build incentives that can empower an ecosystem of financial products.
  • Real-Time Settlement & Light-Speed swaps: Faster and more efficient trading experience.

SOURCE

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