Introduction to Aggregate Trading
BurgerCities recently integrated liquidity from iZUMi into their aggregation protocol, to provide users with more competitive prices and liquidity on swaps.
The partnership comes after BurgerCities launched its Aggregation Protocol last year. In addition to iZUMi, The list of DEXs it cooperated with includes PancakeSwap, MDEX, Biswap, Apeswap, BakerySwap, Babyswap, WOOFiSwap, Julswap, and so on.
BurgerCities has been looking for DEXs and CEXs to collaborate on how to get the best price for decentralized exchanges as we know the trade is the most important foothold for the MetaFi.
Now, let’s have a look at the Aggregation Protocol of BurgerCities and how it works.
What is the Aggregation Protocol?
With an exponential rise in the numbers of new DEXs in the DeFi ecosystem, it becomes tricky to move funds across the platforms and chains. There is a need for a one-stop solution to get the best of various platforms in a single dashboard, and that’s what the Aggregation protocol does.
The protocol sources liquidity from various exchanges and is able to reroute its users’ trades between them to try and ensure that they’re getting the best prices.
Through the Aggregation Protocol of BurgerCities, tokens can be swapped immediately at highly competitive rates — and all without compromising on user experience, as deep liquidity is aggregated through a plethora of DEX protocols.
How does it work?
Generally, each DEX has its separate pools, and the prices and fees vary. Users have to manually look for better swap rates and low transaction fees across exchanges.BurgerCities’ Aggregation Protocol finds the most efficient way to ensure the best price by using all the different exchanges and liquidity protocols.
Say that you want to swap some BURGER to BNB, The cheapest way to trade may involve swapping your BURGER between several different protocols and for several different currencies before your BURGER reach BNB. The advantage of doing this is that it may mean you can buy BNB at a cheaper price.
How to use it on BurgerCities
Let’s go to BurgerCities and head straight into the Black Market where players can trade any digital assets and swap them with extremely low fees within only a few seconds.
Speaking with Ullos to get started, Click on [Swap] and select any tokens you wish to exchange and the transaction can be processed in just a few seconds via the best route.
Here we can see before swapping to USDT, the aggregation protocol exchanges your BURGER to WBNB first in order to find the cheapest way to make this transaction.
About BurgerCities
BurgerCities is an “evolution” based on BurgerSwap, a DeFi product that has gone live on BNB Chain. BurgerCities currently combines 2D and cyberpunk to create a playable Metaverse for users: visual NFT images, playable Metaverse, Web project integration.
We aggregated our original BurgerSwap’s decentralized trading functions to BurgerCities. Now our members can go to the ‘Energy Plant’ in BurgerCities game to become a liquidity provider. You can choose any token pool and earn benefits from this option.
