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Document last updated: March 21st, 2023.
The Aggregator, developed by FEG, is a custom-built tool that enables users to trade tokens on Decentralized Exchanges (DEX) at the prevailing market price. It achieves this by sourcing the lowest price available from multiple DEXs.
The FEG Aggregator specifically works with DEXs forked from Uniswap, which accounts for the majority (99%) of DEXs. By leveraging the structure of existing DEXs, FEG has successfully minimized gas fees, reduced trading costs, and optimized the trading experience. The Aggregator's primary function is to provide users access to the lowest price available across DEXs, consequently driving higher trading volumes through the Aggregator platform.
Importantly, the Aggregator serves as a marketing tool to direct users towards FTW (FEG's Peer-2-Peer platform) as it operates alongside FTW. Overall, the Aggregator enhances user convenience and cost-efficiency by offering access to the best prices on DEXs while driving traffic and adopting FTW as a complementary platform for seamless token trading.
Fees: discussion is ongoing about a TBD market competitive fee integration for the Aggregator
Last modified 4mo ago