Revolutionizing Liquidity Management with Odos Zaps: A Game-Changer for DeFi Users!
In the dynamic world of decentralized finance (DeFi), Uniswap V2 has been a trailblazer, shaping the landscape for countless networks and derivative projects like Solidly. However, its strict 50/50 liquidity ratio has left users grappling with less-than-ideal experiences, forcing users to forfeit token surplus and/or make numerous transactions.
⚡️ Enter Odos Zaps, the groundbreaking solution that not only embraces any token or tokens as input but transforms them into the most advantageous LP tokens in a single, seamless transaction. 👇
🔥 Supported Pools
Odos Zapping supports Uniswap V2 and Solidly style pools, along with minting and burning of Curve LP tokens for StableSwap pools within the core Odos SOR.
🔥 Optimal Rebalancing
Odos distributes your input from ANY TOKEN(s) evenly across a pool’s 50/50 ratio in the required tokens. However, price fluctuations during the transaction can create an imbalance, resulting in a surplus that the pool won’t accept and could be lost. To avoid this, Odos Zaps employ two protective measures:
- For standard Uniswap V2 pools: It calculates the exact swap amount to align your contribution with the current pool reserves, optimizing the use of your funds and giving you the maximum amount of LP tokens
- For non-standard pools: It can return any surplus tokens to your wallet, ensuring you’re only contributing what’s needed for LP tokens. Since both options will have a small additional fixed gas cost, they will only be performed if the quantity of wasted assets is above a specified threshold
🔥 Multi-input Zaps
With Odos zapping, users can adjust their investments across several liquidity pools or specific tokens in just one step. This tool is particularly handy for streamlining the process of selling off or reorganizing a set of LP tokens. You can even go from multiple LP tokens into another LP token!
🔥 Usage
Odos Zaps are accessible through the API and utilize the same smart contract router as the core SOR service. This commonality eliminates the requirement for additional approvals, minimizing security risks. Existing Odos SOR users can conveniently use Odos Zaps to manage their entry into and exit from liquidity positions with ease.
💲Fees
When using Odos Zaps, the swapMulti function on the router is always employed, incurring a fee of 0.01%. It’s important to note that no additional fees are collected from positive slippage when swapMulti is used.
Optimize LP tokens effortlessly in ONE transaction! 🌈 Ready to revolutionize? Ask your DEX to integrate Odos Zaps NOW!
About Odos:
Odos is an Intent Optimization Algorithm designed for Smart Order Routing (SOR). Odos aggregates over 685 DEFI liquidity sources across 9 chains (Ethereum, BASE, ZkSync, Arbitrum, Optimism, Fantom, Polygon, BNB Chain, Avalanche) delivering optimal routes for seamless token swaps.
API Access:
Documentation
Sign Up for Alerts:
Release Notes
