Source: blockchain.news
Zug, Switzerland, November 20, 2022, Chainwire
- Powered by the Tezos blockchain, 3Route enables profitable and secure exchange transactions through multiple sources of liquidity
- 3Route allows users to reduce costs by using most of the liquidity of Tezos DEXs on a secure exchange
3Route, a decentralized exchange protocol launches a next-generation on-chain DEX aggregator powered by the energy-efficient blockchain, Tezos. State-of-the-art automated routing engine atomically optimizes trades across multiple liquidity sources. 3Route is positioned to provide users with the best fares and low delays without any service charge.
The 3Route algorithm identifies the best trade routes in over 200 Tezos-supported DEX liquidity pools, including: Sirius DEX, QuipuSwap, Youves, Plenty, Vortex, SpicySwap, Ctez Swap, and WTZ Swap.
The Protocol also divides the trade volume among several advantageous routes to offer the most cost-effective option for user exchange. At the same time, the protocol does not charge any additional fees. In practice, it can save users up to 50% in costs, especially for high-volume operations.
The 3Route protocol also implements smart contracts for the execution of the trades, so all the multiple sources of liquidity are used through one smart contract atomic call. This allows users to get the maximum probability of successful execution with minimal slippage.
About 3Route:
3Route Protocol is a next generation DEX aggregator created by bad baking that facilitates profitable on-chain transactions across various DEXs in the Tezos ecosystem.
About bad baking:
Baking Bad is an independent Tezos blockchain development team that focuses on making Tezos available to the masses. Baking Bad seeks to provide tools for both developers and common users. TzKT is one of the most popular explorers in the Tezos community. It has a convenient user interface and a developer-friendly blockchain API. Baking Bad’s DipDup is a framework for creating selective indexers that allow developers to quickly build custom dapp APIs and backends.
Contact
Senior Manager of Strategic Communications
jordan wood
jordan.wood@blokhaus.io
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