Slippage is the dumbest concept in crypto. You’re telling me I can’t know exactly how many tokens I’ll get back, and that’s supposed to be normal???

No, that’s not the future of money. That’s a joke. Get rid of slippage and all other shitty defi artifacts holding the space back.

You do have an exact minimum.

The UX could be better, but the mechanic is fundamental: you either place a limit order (exact price, variable timing) or a market order (variable price, exact timing). Most users want the latter.

If you buy AAPL using Robinhood it has slippage too, they just don't show you.

Daimo Pay. Build once, distribute everywhere

It's true in both cases.

The only way to get (exact price, exact timing) is to accept a suboptimal price.

You can build a Uniswap wrapper that guarantees exact output (= the uni minimum) + completes immediately by just keeping the extra bps between the minimum and as-executed. Nobody will use it.

This is only true if you're the maker, not the taker. For consumer use cases getting a requested price is not as important as knowing what the price will be. Imagine venmoing someone $10 and after the fact you see only $9.50 arrived because sorry, slippage.