Technical Lead @CoWSwap. Multi-dimensional Batch Auctions with Uniform Clearing Prices on Ethereum. Prev. @gnosisPM, @facebook, @google. @HPI_DE Alumnus.
Jan 3, 2023 • 11 tweets • 4 min read
Since a few people have asked, I wanted to offer some thoughts on @1inch's new #Fusion feature and how it compares to @CoWSwap's trading mechanism:
First off, the user experience in Fusion mode is very similar to CoW Swap. Traders sign off-chain messages instead of raw transactions, pay fees in the traded tokens instead of ETH for gas and have no cost if the trade doesn't execute (there is no way to cancel orders though)