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WoWSwap is the first protocol to use WOWmax routing mechanism to reduce slippage, provide the best price and arbitrage the pools for WOWswap leverage traders. We encourage other protocols to integrate WOWmax for the most efficient routing mechanism in DeFi.

WoWMax aims for permanent Aggregation Advantage over competitors!

Slippage is a further source of optimization for WOWmax, a next-generation DEX aggregator. Someone who purchases a significant number of $ETH using DEXes will cause a change in the price of Ethereum.

For instance, if you purchase $50 million worth of $ETH today, Uniswap will see a price impact of roughly 7%, while 1inch Exchange will see a price impact of more than 3.7 percent. If there is a price impact, you will pay more for your ETH than the going rate.

The eventual effect on the price of ETH, however, will be quite significant: ETH will probably increase by about 10% on Uniswap or by 5% on all DEXes if the transaction uses the 1Inch aggregator.

The demo for the aggregator is available here: https://wowmax.exchange/demo/

This feature will be live on the WOWSwap website next week!

As seen in the image above, you would gain over 20$ by trading through WOWmax!

All tokens sold in direct pairs with ETH will increase automatically as the price of ETH rises. However, the prices of identical tokens in pairs with stablecoins won't vary. In order to increase value for traders, WOWmax seizes the resulting arbitrage opportunity. In order to maximize the amount purchased, WOWmax divides a significant sum of ETH among numerous DEXes in a single aggregate transaction. WOWmax also engages in arbitrage, purchasing altcoins from pairs of stablecoins and selling them to pairs of ETH.

WoWSwap is the first protocol to use WOWmax routing mechanism to reduce slippage, provide the best price and arbitrage the pools for WOWswap leverage traders. We encourage other protocols to integrate WOWmax for the most efficient routing mechanism in DeFi.

How does it really work?
The exchange path is computed by WOWMAX and sent to the WOWMAX contract. Multiple exchanges are contained in a single transaction. It determines the effect on pricing and arbitrage opportunities before performing a swap. The price shifts to a DEX during the first phase of the exchange, after which the protocol completes the remaining swaps to balance the price in DEXes and performs the calculations. One atomic transaction handles the complete series of trades. Therefore, the order of exchanges within WOWMAX transactions cannot be influenced by miners or arbitrage bots.

A blockchain transaction can consist of many steps. In this instance, a single transaction is used to carry out all actions. Atomicity ensures that all steps will be completed in the correct order and that the transaction will go through successfully. The entire transaction is aborted if at least one action was completed in mistake.

The whole arbitrage possibility is applied at the time of the swap rather than remaining free as in Uniswap, the prices in the final DEX are nearly the same before and after the exchange using WOWMAX.

Project Links:
Telegram - https://t.me/wowmaxexchange
Twitter - https://twitter.com/WowmaxExchange
Website - https://wowmax.exchange/

Written By

Petrache Ionut

Jul 8, 2022