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Selenium DeFi Swap any token without commission

The basics

Creating a Selenium-based swap system that would allow users to exchange tokens between different networks and be rewarded in the form of an $SLM token is an ambitious project. Here are the key aspects to consider when developing such a system:

  1. Multi-chain support

    • Integration with multiple blockchains: Different networks (e.g. Ethereum, Binance Smart Chain, Polygon, etc.) need to be supported to enable token swapping between them.

    • Cross-chain bridges: Develop or integrate existing bridges to enable secure and efficient token exchange between networks.

  2. User Interface

    • User-friendly interface: Create an intuitive interface that allows users to easily select tokens for swap, specify amounts and see commissions.

    • Rewards Display: Information about the rewards accrued in SLM should be available on the main screen and in the transaction history.

  3. Remuneration in $SLM tokens

  • Accrual mechanism: Define a formula for calculating rewards based on commissions spent. For example, a portion of the commission can be automatically converted into SLM tokens and credited to the user.

  • Reward conditions: Clearly describe the conditions under which users can receive rewards, such as minimum swap volume or frequency of operations.

  1. Integration with DEX

  • DEX selection: Identify a set of decentralized exchanges (e.g. Uniswap, SushiSwap, PancakeSwap) that your system will contact to get prices and perform swaps.

  • APIs and Smart Contracts: Use the APIs of the respective DEXs to retrieve pricing information and execute transactions.

  1. Reduced commission

  • Dynamic pricing: Depending on the volume of swap and frequency of use of the system by the user, a commission discount system can be implemented.

  • Informing users: Display information about current commissions and possible discounts in the interface.

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Last updated 7 months ago