The Kinetex development team is proud to present the Kinetex Advanced Router!
Dubai, UAE, 13th November 2023, Calling smart contracts can be time-consuming and costly when dealing with complex routes involving multiple DEXes and bridges. This results in a lack of atomicity, additional gas costs, and the need for users to stay online throughout the process. The Kinetex Advanced router can help to overcome these challenges. It simplifies swapping crypto assets and allows users to take full advantage of all aggregated exchanges and bridges.
This incredible tool provides three significant benefits. Firstly, the Router allows Kinetex to make a single call to a smart contract for multi-part swaps instead of multiple calls. Such an approach reduces gas costs and removes the need for users to confirm each step of a multi-part swap, including the execution of bridge contracts.
The second advantage is enhanced liquidity, as the Router is designed to increase the depth of available liquidity. The amount a user wants to swap gets split and then swapped on multiple DEXes simultaneously. By doing so, the Router helps to maximize the profit from trades and minimize possible price impact. Moreover, the Advanced Router goes one step further in simplifying and optimizing trades by automatically connecting the liquidity of market makers and limit order protocols, ensuring that users receive the best deals available.
The last advantage is the full transparency of the Advanced Router’s functionality. The team plans to make the source code available to the public and ask independent security companies to review and audit it. Therefore, users can be certain about the safety of the Kinetex solutions.
The Kinetex development team aims to create solutions and technologies that make DeFi accessible for a wider audience of users, and the Advanced Router will hopefully become a highly efficient and secure solution for completing even complex transactions easily and profitably.
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The Post Kinetex Advanced Router first appeared on ZEX PR Wire
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