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THORSwap Introduces New Feature Called Streaming Swaps Aimed at Better Price Execution for Large Trades

Altszn.com by Altszn.com
August 2, 2023
in Blockchain, Crypto, DeFi, Web3
0
THORSwap Introduces New Feature Called Streaming Swaps Aimed at Better Price Execution for Large Trades
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Before the introduction of Streaming Swaps, if a crypto user wanted to execute a large trade and achieve lower slippage on THORChain, they would have to manually divide the swap into several smaller transactions, resulting in higher gas fees. With the new feature, large swaps are broken down internally on THORChain, resulting in a single outbound transaction, “allowing for potentially a more favorable average price,” according to a blog post.

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Read More: www.coindesk.com

Tags: aimedcalledDeFiexecutionFeatureIntroducesLargePriceStreamingswapsTHORSwapTrades
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