Did you know @THORSwap 's #SwapKit supports streaming swaps combined with DEX aggregation.
23 Aug 2023, 02:18
Did you know @THORSwap 's #SwapKit supports streaming swaps combined with DEX aggregation? This means users can get the best streaming swap execution from BTC > ETH or AVAX on THORChain, then fulfill the ETH/AVAX > Final Asset swap on another EVM AMM. This allows users not just to access deeper liquidity, but also stream into over 1000 additional assets not supported directly by THORChain.
Here's an example I saw today, user swapped 10k RUNE for 15,508 USDC.
Let's break down the memo: =:e:0x1234a04c41c9E5e67D4850EAB1Dc6eDE81234567:0/9/9:t:15:02:B48:1491730380600
= means SWAP
e = Ethereum (aka ETH.ETH)
0xblahblah = user's ETH address
0 = no limit on the intermediary TC leg, execute at market
9 = streaming param 1 -- execute each sub 9 blocks apart
9 - streaming param 2 -- break trade into 9 subswaps
t = THORSwap -- the affiliate address
15 = collect a 15 basis point fee
02 = last 2 digits of the Uniswap v3 DEX contract - tells THORNode where to send the ETH next
B48 = last 3 digits of the final asset, in this case USDC
1491730380600 = finally this is the min amount acceptable to the user, in this case 14,917 USDC