Description
The R1 Protocol emerges as a cutting-edge decentralized finance (DeFi) platform, aimed at revolutionizing the trading landscape within the blockchain ecosystem by offering a zero-slippage trading solution. It stands out by ensuring that trades are executed at their intended prices without the common discrepancy caused by market movements, known as slippage. This functionality not only increases trading efficiency but also optimizes liquidity usage across decentralized exchanges (DEXs). R1 achieves its goals through a novel mechanism that dynamically adjusts orders based on real-time market changes. Additionally, the protocol enhances trading experiences by innovatively separating order matching and settlement processes, thus boosting trading efficacy. Another key feature is the sharing of order data and liquidity among all R1-based exchanges, including bithumb and Rootrex, facilitated by the protocol's off-chain component, the Relayer, which handles the collection and submission of user orders for on-chain settlement. Through these mechanisms, R1 Protocol aspires to attract a wide user base, ranging from novice traders to institutional investors, by making DeFi trading more acc...
The R1 Protocol emerges as a cutting-edge decentralized finance (DeFi) platform, aimed at revolutionizing the trading landscape within the blockchain ecosystem by offering a zero-slippage trading solution. It stands out by ensuring that trades are executed at their intended prices without the common discrepancy caused by market movements, known as slippage. This functionality not only increases trading efficiency but also optimizes liquidity usage across decentralized exchanges (DEXs). R1 achieves its goals through a novel mechanism that dynamically adjusts orders based on real-time market changes. Additionally, the protocol enhances trading experiences by innovatively separating order matching and settlement processes, thus boosting trading efficacy. Another key feature is the sharing of order data and liquidity among all R1-based exchanges, including bithumb and Rootrex, facilitated by the protocol's off-chain component, the Relayer, which handles the collection and submission of user orders for on-chain settlement. Through these mechanisms, R1 Protocol aspires to attract a wide user base, ranging from novice traders to institutional investors, by making DeFi trading more acc...
