Bamboo Relay — 2019 Update

Dex
Bamboo Relay
Published in
4 min readMay 17, 2019

While it has been some time since Bamboo Relay has written an update, we have been hard at work adding features and improvements.

We would like to take a moment to share and highlight some of these with the community.

Wallet Integrations

Bamboo Relay is pleased to announce we have added enhanced support for wallets across the board and hope to offer the most inclusive trading experience for users.

Dedicated support has been for the following mobile wallets:

  • imToken
  • TrustWallet
  • AlphaWallet
  • Coinbase Wallet
  • Opera
  • Cipher

Additionally we now support the following providers:

Bitski
Say goodbye to clunky browser extensions, hardware wallets and dApp browsers. Bitski allows you to interact with the new world of blockchain, with just an email and password.

Portis
Portis completely transforms how you use blockchain applications. All you need is an email and password to explore this exciting new space.

Fortmatic
Formatic allow users interact with dApps through a beautiful user experience from any browser or device.

All three of these options empower users to interact with their favourite dApps — and now Bamboo Relay — without having to install any additional extensions or wallet software.

WalletConnect

Finally we have added support for WalletConnect (v1).
WalletConnect is an open protocol for connecting desktop dApps to mobile Wallets using end-to-end encryption by scanning a QR code.

You can try this out today by using a mobile wallet such as TrustWallet, that supports scanning WalletConnect QR codes.

Scan the QR code to link your mobile wallet

The flow for this entire process is very nice —simply link your wallet with the website via QR code, perform actions such as trading and simply confirm these on your linked wallet.

Signing from your wallet for a transaction via WalletConnect

CarbonUSD Fiat On Ramp

Bamboo Relay is proud to announce we have partnered with Carbon.

CarbonUSD is a price-stable cryptocurrency that is one-to-one backed with USD.

Users can purchase and redeem CUSD fiat-backed tokens on Bamboo Relay, where they can now trade CUSD against WETH and DAI.

Users may also use the embedded Carbon widget directly from the website to onboard from their bank accounts into their wallets.

Onboard from $USD directly into your wallet

Site Enhancements

Batching

One of the single greatest improvements that has been made in this area is the batching of transactions and smart contract calls.

What this practically means is that you no longer have to approve tokens, wrap Ether and place orders in 3 separate steps.

Instead users are presented with a multi-stage popup and can complete all of this in a single flow

Example approval flow for placing a sell order for DAI

This flow applies in all cases where a user may need to perform multiple actions in single task, such as signing, approving, wrapping Ether or submitting transactions.

Forwarder

We now leverage the 0x Forwarding contract to further improve quality of life for users.

If a user has Ether — but it is not wrapped — in their wallet, they no longer need to wrap before taking a buy order.

The forwarder contract wraps Ether on a users-behalf and so shaves off time required to trade for first time users.

Quality of Life Improvements

  • All tokens should now have associated descriptions, images, and website and social links
  • Transactions now show estimated time (in seconds) to completion
  • All amount and total fields should should only show the numeric keyboard on Android and iOS.
    Focusing these fields will now set the keyboard position to the first significant digit.
  • New loans will now automatically calculate a default (toggleable) APR interest rate.
  • For tokens that have had no trades in the past 24 hours, their prices will be back filled via CoinGecko.

Future Updates

In the coming weeks we have some further updates in the pipeline that we believe will further enhance the trading experience for all users.

We are excited for these changes and look forward to sharing these with you once they are ready.

As always we remain committed to the vision of a single globally connected market and continue to iterate towards this end goal.

Follow us on our website, twitter, medium, telegram or discord for the latest updates and developments

Bamboo Relay is a 0x and bZx relayer — trade, lend or borrow any ERC20 token trustlessly from your own wallet.

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