1/
What's up Magpies? 👋
📣 Today we've got a different type of treat for you all, our next integration announcement, and it's quite exciting! #hashflow!
📖 Check out today's blog post
https://medium.com/@Magpieprotocol/hashflow-magpie-a-match-made-for-defi-2df279f59941
Check out below to learn more about them🧵
2/
Hashflow is a decentralized exchange designed for interoperability, zero slippage, and MEV-protected (that means no frontrunning or sandwich attacks) trades.
On Hashflow, what you see is what you get, meaning that all quotes are executed at their displayed price. ✔️
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🤔 How do they do this?
Rather than AMMs, they use a RFQ model in which professional MMs source liquidity and price assets using off-chain pricing functions, backed by cryptographic signatures.
This makes frontrunning impossible & trades are executed at the displayed price.
What's up Magpies? 👋
📣 Today we've got a different type of treat for you all, our next integration announcement, and it's quite exciting! #hashflow!
📖 Check out today's blog post
https://medium.com/@Magpieprotocol/hashflow-magpie-a-match-made-for-defi-2df279f59941
Check out below to learn more about them🧵
2/
Hashflow is a decentralized exchange designed for interoperability, zero slippage, and MEV-protected (that means no frontrunning or sandwich attacks) trades.
On Hashflow, what you see is what you get, meaning that all quotes are executed at their displayed price. ✔️
3/
🤔 How do they do this?
Rather than AMMs, they use a RFQ model in which professional MMs source liquidity and price assets using off-chain pricing functions, backed by cryptographic signatures.
This makes frontrunning impossible & trades are executed at the displayed price.
👍2
4/
Using this method, market makers can use more advanced pricing strategies compared to
AMMs, factoring in off-chain data such as volatility, historic asset prices, and more.
📈 But what does that all mean for you, the trader?
5/
💰 It means that you get better prices and guaranteed quotes.You also get zero slippage swaps that are never subject to sandwich attacks or frontrunning,
meaning you don't have to worry about getting less than you see when you click swap.
6/
Additionally, you're able to swap your stablecoins and many of the top tokens cross-chain,
benefiting from zero slippage, no front-running, as well as being much faster than bridging.
It's a great protocol and we're excited to be linking up with them. 🤝
7/
So how will this affect Magpie? 🐦
We're integrating them right into our already amazing order routing algorithm.
So you get the best of both worlds!
8/
For one, by using Magpie on top of Hashflow you can swap using ANY asset, to any chain.
You're not limited to stablecoins and major tokens.
With Magpie, you're free to fly with whatever you want. 😉
9/
Enjoy slippage free and sandwich (attack of course) resistant swaps when routed through
Hashflow.
🚄 When you swap, we'll instantly calculate the best route possible to get you the best price,
no matter what it takes!
10/
In the meantime, head over to #hashflow, show them some love, and let them know Magpie
sent you! 💜
Using this method, market makers can use more advanced pricing strategies compared to
AMMs, factoring in off-chain data such as volatility, historic asset prices, and more.
📈 But what does that all mean for you, the trader?
5/
💰 It means that you get better prices and guaranteed quotes.You also get zero slippage swaps that are never subject to sandwich attacks or frontrunning,
meaning you don't have to worry about getting less than you see when you click swap.
6/
Additionally, you're able to swap your stablecoins and many of the top tokens cross-chain,
benefiting from zero slippage, no front-running, as well as being much faster than bridging.
It's a great protocol and we're excited to be linking up with them. 🤝
7/
So how will this affect Magpie? 🐦
We're integrating them right into our already amazing order routing algorithm.
So you get the best of both worlds!
8/
For one, by using Magpie on top of Hashflow you can swap using ANY asset, to any chain.
You're not limited to stablecoins and major tokens.
With Magpie, you're free to fly with whatever you want. 😉
9/
Enjoy slippage free and sandwich (attack of course) resistant swaps when routed through
Hashflow.
🚄 When you swap, we'll instantly calculate the best route possible to get you the best price,
no matter what it takes!
10/
In the meantime, head over to #hashflow, show them some love, and let them know Magpie
sent you! 💜
🔥4