#Bebop launches a unique 'One-To-Many' 'Many-To-One' token trading platform #onPolygon.
08 Nov 2022, 16:29
🪙 #Bebop launches a unique ‘One-To-Many’ ‘Many-To-One’ token trading platform #onPolygon!
This new platform, incubated by DeFi powerhouse Wintermute, chose #Polygon to enable low fees and a best-in-class user experience.
Bebop enables users to swap one token for a portfolio of tokens or swap several different tokens for just one in a single transaction.
This allows users to enter or exit multiple positions in one transaction, which can be a great advantage when trading in fast markets.
It also enables you to save money on network fees for making individual transactions, as well as ensuring they can perform true no-slippage trades.
With one-to-many swaps, it’s possible to create or rebalance an entire portfolio in 1 move. With many-to-one swaps 👇
It’s trivial to exit multiple positions at once and consolidate funds in a single asset.
“By DeFi standards, Polygon fees are negligible, which is paramount for delivering this efficiency to all users, for any transaction size”
- Katia Banina, Head of Product at Bebop
Bebop chose to launch #onPolygon also because of the high speed and sustainable proof-of-stake model, which has recently attracted integrations with the likes of Robinhood, Reddit, Uniswap, and Aave.
“Bebop is bringing new and sophisticated tools to Polygon's DeFi sector that expand the user experience greatly and provide new options for experienced and novice traders alike.
- Khan Hamzah, Head of DeFi and Labs at Polygon
Bebop’s one-to-many trading will become an industry benchmark in years to come, and Polygon is delighted to help kickstart that journey.
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