Swap from one token to another!
One of the main purposes of Ferro is to facilitate exchange of one token with another in any pools within the protocol.
- Within the same pool Token exchange will be done by adjusting the balance of token from the same pool with no or very small fee (example: exchanging DAI to USDC in a “USDC, DAI, USDT” pool)
- Cross pool Protocol will route the transaction through the most efficient way (smart routing) by scouring through the different pools to achieve minimum slippage (example: exchanging ETH to USDC, involving “ETH-WETH” pool and “USDC, DAI, USDT” pool)
Users also have the ability to customize their token exchange by specifying allowable Slippage (by %).