Monstrosity1
commented
3 years ago [UPDATE AUG 23, 2021] I PROPOSE WE CANCEL THIS TICKET SINCE CURVE IS NOW ON xDAI, THIS IS NO LONGER A PRIORITY
User story
As a [trader/swapper], I would like to [use honeyswap], so that I [swap and find the best route]
Acceptance Criteria
GIVEN WHEN user makes a swap between usdc to bao the route may have to go from usdc to dai to bao. if this route takes place and it has to go between a stable coin pair AMM are not best method for this. THEN an expected behavior occurs would be usdc to dai on component then dao to bao on baoswap, most likely in todays state.
Design
Notes
- To give honeyswap a competitive advantage incorporating a stable coin pair defi protocol other than an AMM to provide the best swaps between stable pairs.
doesn't have to be component finance just need a stable coin platform thats is more capital efficient than AMMs
As Trisha Trader, I would like my stablecoin swaps on Honeyswap to route through the most cost effective swapping pairs, so that I can get the best value for my trade.
GIVEN I am on Honeyswap xDai WHEN I swap stablecoin pairs AND the best price is available from Component Finance THEN my swap routes through Component Finance
To give honeyswap a competitive advantage incorporating a stable coin pair defi protocol other than an AMM to provide the best swaps between stable pairs.
doesn't have to be component finance just need a stable coin platform thats is more capital efficient than AMMs