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Abraham
@abrahamcr
Learning 3: during @base's Buildathon we built @bandocool, the direct connection between Base and the Mexican financial system. We saw that small volume programmatic swaps and bridges constantly failed 😨. We investigated the issue and saw that failed transactions gave us the error "InsufficientBalance". This was because of the combination of market volatility and small volume transactions. Small transactions are important because they are how users start testing Bando. They send less than $10 USD to test the product and then they start making larger transactions. We needed to solve this to have a good onboarding, as you don't want your first transaction to fail 😬. To solve this issue, we funded small quantities of the assets that make the most common swaps/bridges in the wallet that executes the programmatic swaps and bridges. The assets we funded in Base are WETH and USDC, as most liquidity pools trade against these two. Since we did that, failed transactions have almost disappeared. A cool finding.
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Monica Talan 🌐 🍄🎭
@monitalan
Very cool - personally very excited about Bando’s potential.
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