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Content
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Sontungmtp
@sontungmtp.eth
Bungee Protocol — The Endgame Bungee Protocol is a global liquidity marketplace, enabling users to perform any action across chains. It is designed to be a marketplace that optimizes for you, the end user, powered by Socket Protocol.
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Chi
@chivnt
🍇 🍇
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Soda
@soda
👍 👍 👍
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Cá Ba Sa
@cabasa
😆 😆 😆
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Kinh Ba
@kinh3
Since different entities above operate on various tradeoffs, combining them into a single marketplace makes sure no matter what users get the best execution, be it small size or large, be it a stable asset or a meme coin that just launched, be it a popular generic chain or a newly launched app-specific rollup.
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Tuổi Trẻ Cười
@tuoitrecuoi
As Bungee receives requests from end users, all 3 actors above with their strengths compete to fulfill the user request, optimizing execution for the end user.
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Emmauel
@vinhtuong
Fillers: Offchain entities that operate with inventory and have active capital across networks
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Youre
@dtmyxuyenst
Provers: Offchain entities that create onchain verifiable proofs
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Pravas
@khet
Solvers: Offchain entities that are great at “path-finding” between various liquidity pools across networks and don't have active capital
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Suner
@bronu
From Day 1, Bungee Protocol will operate across the tradeoff spectrum and include various kinds of off-chain actors under its umbrella, to ensure efficiency, reliability, and ability to scale. Bungee users are spoilt to receive the best no matter what and we are not going to disappoint.
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85cent
@salonpas
To build the most efficient and reliable marketplace, we cannot rely on market-makers only as they operate with a set of tradeoffs that are extremely expensive to bootstrap and scale across networks.
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Du Tho
@dutho
Off-chain actors compete to fulfill user requests: they compete on latency, efficiency, performance, and all other parameters users could care about. User requests are fulfilled by the off-chain agents according to preferences dictated by users in a non-custodial fashion. All users need to do is sign gasless user requests, and sit back and chill.
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Vét Láp
@vestlab
Bungee Protocol is designed as a Marketplace to optimize outcomes for the end user.
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Ca Non
@canon
You can imagine the liquidity avenues need not be restricted to just chains but can extend off-chain as well. Imagine tapping into the deep liquid orderbook of a CEX to offer optimal pricing available with just a gasless signature.
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Gop
@guop
This is very different than, say a DEX aggregator optimizing a swap across just DEXs on one chain. It's a token-centric worldview where the user only needs to think about the assets they need, and can optionally get the asset delivered to a chain of choice.
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iguverse
@iguverse.eth
We all know how liquidity is fragmented across chains — acting at a global level allows Bungee Protocol to treat chains as liquidity avenues with off-chain agents splitting the trade between all the chains to optimize the swap.
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Vien Tin
@vientin
The key insight here is that Bungee Protocol can operate at a global-level which unlocks completely game-changing possibilities. To understand what that looks like, let's look at the most simple and most popular action users perform onchain — a simple swap.
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Cây Thúi
@chicken
Users can simply dictate what they want to execute off-chain in a gasless fashion & outsource complex parts like on-chain execution, routing, and path-finding to off-chain actors.
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Đà Nẵng
@chetruoi
Users indicate the actions they want to take on-chain by signing on user requests. Actions could be anything: a simple swap, deposit into a specific DeFi protocol, or minting an NFT.
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Matngot
@matngot
Bungee Protocol is a global liquidity marketplace, enabling users to perform any action across chains. Bungee Protocol is designed to be a marketplace that optimizes for you, the end user, powered by Socket Protocol.
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