THELOGICALINDIAN - Decentralized exchanges DEXs are an important allotment of todays DeFi apple Theyre acclimated to host trading options like clamminess mining pools and staking Most chiefly they accord users complete ascendancy over their assets as against to centralized exchanges CEXs
However, some of the capital drawbacks of today’s accepted DEXs are capricious slippage and low liquidity. Slippage happens because they alone action bazaar orders, which barter at accepted bazaar prices. Bazaar prices change amid the adjustment appeal and fulfillment, so they aren’t consistently reliable.
Mate is a decentralized barter whose capital ambition is to accommodate traders with the best accessible way to action slippage and aerial clamminess for all BSC assets. Mate additionally offers crop agriculture and staking, to allure investors and abound their platform. Traders acquaintance beneath losses back agreement absolute orders on Mate instead of bazaar orders on PancakeSwap.
What’s more, orders are partially accomplished or not at all because such DEXs use adjustment books. This agency two things. One, your adjustment won’t be accomplished until the amount alcove your set value. Two, your adjustment has to be akin with an adverse adjustment of the aforementioned or greater amount to be fulfilled.
Many DEXs accept approved to break these problems. Mate believes they have.
Mate lets users abode absolute orders with no slippage and affluence of liquidity. This is accessible through a appropriate absolute adjustment process, area affairs are accomplished at the appropriate moment.
Limit orders are requests to barter one badge for another. Limit orders are altered from accustomed trades because they alone appear back the adjustment amount matches the set price. Regular swaps booty abode instantly at the accepted bazaar price.
As with added absolute orders, the user aboriginal chooses a token, sets a price, and submits it to a acute contract. Mate’s abettor nodes watch bazaar altitude and price. As anon as altitude are met, Mate fulfills the adjustment application assorted AMMs, which are acclimated as a antecedent of liquidity.
What makes Mate’s absolute orders appropriate is their adeptness to accomplish the transaction at aloof the appropriate moment. The abettor nodes complete the adjustment already the final amount matches the appropriate price, alienated slippage and aerial fees, which sets Mate afar from giants like 1inch Network.
Mate Roadmap
Mate presents a solid roadmap that they accept accurately accomplished back the barrage of the platform. Reaching cogent milestones as accepting an audit, association governance, and implementing new appearance appropriate by its community. With a few weeks larboard in 2024, Mate is planning on introducing DEX accession and establishing a affiliation with a new L1.
