DeFi blockchains crossed for best trades by Decentralized exchange aggregator

DeFi blockchains crossed for best trades by Decentralized exchange aggregator

Following its own token sale, a cross-chain aggregator that seeks out the best price for crypto trades has reported positive results

The O3 Labs’ O3 token initial DEX offering (IDO) raised $922,000 and it was launched simultaneously on DuckSTARTER, Gate.io, MXC, Bounce, BSCpad, WeStarter, and Cobax

Finding the best route to the best prevailing rate for trades, communications director Matt Powers told viewers of a Cointelegraph AMA that took place the day of the O3 Swap (O3) token’s IDO, O3 Swap sources liquidity from nearly two dozen decentralized exchanges (DEX).

Powers said, adding that O3 Swap is very user friendly and the protocol was built on top of the open-source project’s initial product, the O3 Wallet launched in 2017

“You’ll be able to get quotes and, ideally, swap from there,” he explained. “You can always see what the trading path is — your coin might change hands several times into several different assets before you receive your destination asset. You’ll be able to see the routes. You’ll be able to see the fee. It’s very clear from the O3 Wallet using O3 Swap.”

 

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