oh btw this is built on core-bungee-marketplace, which acts as a broker connecting you to market-makers, stablecoin-issuers and really any liquidity source
so you can just bungee it and let it handle the rest
with certainty
Chain-Abstraction thesis got validated as we went and chatted with folks that are trying to use crypto-rails as backend
They told us of the horrors of using stablecoins today:
- needing to pay gas-fees in ETH and swap fees in USDC
- holding AVAX, BNB, MATIC, ETH on their balance sheets with fluctuating prices for their chain operations
- variable output due to dex-slippage, bridge-slippage, variable gas-fees and what not
- accounts getting blocked on CEXs
so many what ifs mean that while stablecoins are stable in price but really really unstable to use
That changes today!!!
Stablecoin Abstraction Engine by @BungeeExchange fixes the problem at the very core, by bringing enterprise-grade certainty to every stablecoin interaction happening onchain
Check it out and share it with your stablecoin builder friends, the thing they needed is finally here, DMs open.
3.98K
13
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.