Liquidators & Flash Trade
Kinetex's latest innovation, Flash Trade, is a decentralized trading protocol involving four essential participants, each with specific roles: resolver, worker, liquidator, and user. This protocol will provide users with a highly secure and efficient environment for conducting swaps, and the incorporated liquidation system will significantly contribute to this objective. Each order a resolver performs will be overcollateralized, incentivizing liquidators to compete to fill it if the resolver fails.
Therefore, the Kinetex team is able to simplify the swap process for users, allowing them to forget about many cross-chain issues and focus on the positive: all the possibilities that the DeFi industry may offer them.
Check out the Kinetex blog to learn more about liquidators and how Kinetex will use them in the innovative Flash Trade.
Try swapping with Kinetex dApp!
Kinetex: Website | Kinetex dApp | Blog
Stay tuned for the Kinetex updates!
Twitter | Telegram | Medium | LinkedIn | Facebook | YouTube | Discord