Off L1

1 click cross-chain arbitrage app for Uniswap clones

Transcript

1. Off L1
2. - The rise of Uniswap clones - Arbitrage opportunities - High gas on Ethereum L1 to cross the bridge 🤔Problem
3. - Non L1 chains have lower gas - https://connext.network connects them all - Cross chain Arbitrage opportunities 💡Solution 🦈 🦈 🦈 🐇 🦈 🦈 🦈 🦈 🦈
4. - Compare Token Prices across exchanges - Swap & Transfer across chains - Profit! 🕺🏾Demo
5. - 1. Approve spending of USDC - 2. Swap USDC -> USDT on QuickSwap - 3. Transfer USDT from Matic to BSC - 4. Switch Network from Matic to BSC - 5. Approve spending of USDT - 6. Swap USDT -> USDC on PancakeSwap 🤯What just happened?
6. 🛠Components used - Matic/Polygon - xDAI - Binance Smart chain - TheGraph - Covalenthq - BitQuery - Connext - Portis
7. - ✔ “Tested in Production™” - ✔ Allow USDC -> USDT -> USDT -> USDC cross chain arbitrage - Fix bugs🐛 - Allow Swap for any tokens (Need liquidity on Connext) 🐳 - Automate the arbitrage process 🤖 📝Current Status
8. - BSC = Burger - Celo = Ube - Avalanche = Pangolin - Harmony = Swoop - xDAI = Bao ⛰What’s next?
9. - Cross Chain Dex arb pool - Combine small trades to prevent slippage - Solve fragmented liquidity 🌟Goal
10. Thank you! http://offl1.xyz