CrowdSwap — a routing and price aggregation protocol for decentralized finance (DeFi). It aims to mainstream the adoption of crypto for every individual and overcome the real challenges, associated with a fast-growing business space like DeFi. CrowdSwap focuses on providing the best token prices in the cross-chain DeFi space.
About the CrowdSwap project
The project highlights the transparency of the best swap route, fee structure and incremental swap costs. Only consideration of all criteria will reveal the best price in the end.
What is BPR:
| 1. | Best Price Routing (BPR) - the most important piece of Crowd Swap software. |
| 2. | This code finds the best prices in the crypto space, taking into account the commissions and transaction fees of various blockchains. |
| 3. | BPR is limited to DEX integration across different blockchains. You can find the list of integrated DEXs in the "DEX integration list" section. |
Crowd Swap always takes into account all costs, associated with the swap. The "you save" display shows the savings between the current DEX and the second best. In particular, there are always two possible savings. Firstly, you can immediately see that the total cost of the compared swaps is different. However, this is not always the full savings. It often happens that the cheaper DEX also delivers more tokens than the compare option. CrowdSwap also values these additional tokens, based on the worst DEX price.
Therefore, the cost of DEX is far from paying off everything. Especially on the Ethereum network, transaction costs drive down the price per token. CrowdSwap places great value on transparency and always displays prices, including all incidentals. The gas volumes of the exact swap route help to calculate transaction costs, based on current gas costs. This approach gives very accurate results in terms of total swap cost.
More about the work of defi app
It may happen that transactions take several minutes before they are recorded on the blockchain. Therefore, viewing a transaction through a wallet is always a solution. On some devices in a mobile environment, wallets do not report the completion of transactions. This may result in the successful swap message, not appearing in CrowdSwap. However, in the wallet (Metamask) it is possible to track whether the transaction was successfully completed through the browser view. To rule this out, it is better to use Crowdswap on PC.