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News September 24, 2024

Protocol Selection: Customize Your Swapping Experience On Soroswap

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Protocol Selection: Customize Your Swapping Experience On Soroswap

Soroswap’s new Protocol Selection feature improves decentralized finance solutions by enabling users to choose between the StellarX and Soroswap AMM for swaps. Users select the best protocol based on priorities such as speed, cost, or efficiency, enhancing their trading experience on the Stellar blockchain. The feature benefits users by allowing them to tailor their trades for optimal performance, choosing between protocols based on real-time conditions. Stellar’s Classic DEX (SDEX) and Soroswap’s own Soroban-based AMM offer different advantages, such as lower fees or faster execution, catering to various transaction needs. Soroswap users gain increased control and flexibility, improving the effectiveness and personalization of their trading strategies. This feature underscores Stellar’s capability in providing innovative solutions for decentralized trading.