Aggregation On Afraswap

Afraswap allows aggregation through multiple different AMM based DeFi Applications

Afraswap Aggregator

Afraswap aggregator is a revolutionary swap routing algorithm which allows decentralized routing of token exchanges for users so that they always receive the best price and that too with security.

The aggregator calculates the best possible exchange rate by aggregating data from multiple different AMM liquiditiy provides on BSC like AfraSwap AMM , Pancakeswap , Sushiswap and more. The aggregator tackles the fundamental problems which arises due to having multiple different Liquidity sources.

One of the fundamental problem is the price difference , which might not be a concern for low volume trading but is a big concern for high volume trading as the price differences can add up over time and cause lower profits than expected. The Afraswap aggregator overcomes this problem by finding the best exchange rate for the trade by comparing data from multiple different Swaps and saves time for the user by finding out the best possible exchange path for the user.

Another issue with multiple platforms is that due the fact that each exchange/swap requires a seperate approval for the tokens , this enables a malicious actor to run phishing attacks to gain a users approval and steal funds. This is a common issue and still alot of users loose funds due to this. To overcome this , when trading through Afraswap aggregator , the users only need to provide a single approval for the token to the trustable Afraswap Aggregator Contract , which acts as single point for approvals thus making the whole process a bit more secure for new users and save time for experienced ones. The aggregator can itself manage the paths of the trades and do trades through multiple swaps to get the best rate without the need for any other approval by the user.

Afraswap Aggregator Is Opensource

Afraswap team is committed to keeping the project Opensouce,as we believe opensource projects inspire innovation and provides transparency to the users. Nowadays most of the DeFi aggregators like 1Inch , Paraswap etc , hide their main aggregation routing logic from the users and the main aggregation is usually done through centralized servers which propietery closed source code, which we believe should not be the case thus Afraswap team will keep the whole aggregation process opensource to innovate faster and allow users to contribute in the project as well.

Aggregation Fees

Initially Afraswap Aggregator will not charge any fees for the aggregation, the only fees the users will need to pay would be of the swaps through which their trades are routed through. But in future based on the community feedback we might add up a small fees for trades through aggregator.