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Off L1

1eecfce54b4f902784d046328935efd4?s=47 Makoto Inoue
February 21, 2021
110

Off L1

1 click cross-chain arbitrage app for Uniswap clones

1eecfce54b4f902784d046328935efd4?s=128

Makoto Inoue

February 21, 2021
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Transcript

  1. Off L1

  2. - The rise of Uniswap clones - Arbitrage opportunities -

    High gas on Ethereum L1 to cross the bridge 🤔Problem
  3. - Non L1 chains have lower gas - https://connext.network connects

    them all - Cross chain Arbitrage opportunities 💡Solution 🦈 🦈 🦈 🐇 🦈 🦈 🦈 🦈 🦈
  4. - Compare Token Prices across exchanges - Swap & Transfer

    across chains - Profit! 🕺🏾Demo
  5. - 1. Approve spending of USDC - 2. Swap USDC

    -> USDT on QuickSwap - 3. Transfer USDT from Matic to BSC - 4. Switch Network from Matic to BSC - 5. Approve spending of USDT - 6. Swap USDT -> USDC on PancakeSwap 🤯What just happened?
  6. 🛠Components used - Matic/Polygon - xDAI - Binance Smart chain

    - TheGraph - Covalenthq - BitQuery - Connext - Portis
  7. - ✔ “Tested in Production™” - ✔ Allow USDC ->

    USDT -> USDT -> USDC cross chain arbitrage - Fix bugs🐛 - Allow Swap for any tokens (Need liquidity on Connext) 🐳 - Automate the arbitrage process 🤖 📝Current Status
  8. - BSC = Burger - Celo = Ube - Avalanche

    = Pangolin - Harmony = Swoop - xDAI = Bao ⛰What’s next?
  9. - Cross Chain Dex arb pool - Combine small trades

    to prevent slippage - Solve fragmented liquidity 🌟Goal
  10. Thank you! http://offl1.xyz