Single Asset to Multi Asset Swaps - Same Chain and Cross-Chain
Last updated
Last updated
The Batch Protocol in Pairs lets users exchange one asset for several different assets, either on the same blockchain or across multiple blockchains, all in a single transaction. This streamlined approach makes it easier to diversify holdings without manually executing multiple trades.
How It Works
Specify Ratios: Decide the percentages or amounts you want to allocate to each new asset.
Batch Execution: The Batch Protocol combines all these trades—whether on the same chain or bridging across chains—into a single process.
Automatic Allocation: Once the trade is confirmed, you end up with the specified distribution of assets, without having to manage multiple steps yourself.
Why It Matters
Portfolio Diversification: Instead of juggling several individual swaps, you can redistribute your holdings among multiple tokens in one go.
Flexibility in Ratios: Whether you want to split 50/50 or 10/20/70, the system accommodates any mix of assets.
Cross-Chain Capability: If you’re moving from Ethereum to Polygon, for example, you can bridge ETH over and split it into MATIC, AAVE, or any other supported tokens, all in a single transaction.
Reduced Complexity and Fees: Fewer transactions mean fewer gas fees and fewer chances for error, simplifying the user experience.
Example Scenarios
• On-Chain: Converting ETH to a combination of LINK and AVAX on Ethereum in a single swap.
• Cross-Chain: Bridging ETH from Ethereum to Polygon and simultaneously acquiring MATIC, AAVE, and any other desired tokens.
By consolidating multiple trades and bridging steps into one operation, Pairs delivers a more efficient and user-friendly way to manage digital assets.