BazaarSwap Aggregator Integrating THORChain | Podcast #214

In this episode, we talk about DEX aggregation with Nikita and Flynn, who showcase BazaarSwap and everything they have built.Swap now https://swap.thorchain.org/ THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.Timestamps:00:00:00 Intro00:03:00 Kenton update00:04:00 Flynn introduction00:05:00 Flynn came into crypto looking for privacy and better ways to manage money00:06:00 Nikita starts00:08:00 Nikita talks about the difficulties of crypto and simplifying the experience00:09:00 BazaarSwap talks about the convenience of their DEX aggregator00:12:00 BazaarSwap screen share begins00:14:00 BazaarSwap demonstration00:16:00 Rate comparison and accuracy00:18:00 Axelar wrapped asset rugging event00:20:00 Swap execution metrics00:21:00 Nikita talks about the benefits of DEX aggregator unification with AI00:25:00 Monero is supported and will be ready00:27:00 TON discussion and gold derivatives00:29:00 Wallet support for TON00:31:00 Nikita: More pathways are coming00:33:00 We are excited about TON because of all the possible connections and momentum from recent announcements00:34:00 Telegram is the #1 place for crypto because it has a built-in wallet00:36:00 Do you track quote accuracy and execution?00:38:00 Nikita: We try to provide multiple metrics for users00:40:00 Nikita says he has worked on many products, and there has always been some degree of price differential00:41:00 ETH to BTC swap00:44:00 When THORChain adds TON, many new possibilities open up00:46:00 Multiple execution parameters for swappers (cheapest, fastest, etc.)00:48:00 THORChain is superior to everything else out there00:49:00 Why did we choose to integrate THORChain? They maintained the ethos!00:53:00 THORChain is more optimized for handling large swaps01:00:00 Swap logic breakdown: liquidity versus the router01:03:00 THORChain explanation01:05:00 How do you get into crypto from fiat?01:07:00 Rujira capabilities discussion01:11:00 Price oracle exploit discussion and comparison on BazaarSwap01:16:00 There are lots of shady things going on01:17:00 You have no way of knowing if brokers are doing shady things01:18:00 Kenton: Is your slippage related to price impact?01:23:00 XMR demonstration was done on his birthday01:26:00 OpenUSD is the next attempt at a CBDC01:28:00 There is a competition right now to capture the infrastructure01:32:00 Latest information on the Clarity Act01:37:00 Privacy is not the default on THORChain, but obfuscation is impossible01:39:00 THORChain is decentralized and permissionless01:42:00 THORChain is the solution01:50:00 Nikita's final thoughts01:51:00 Kenton outro01:52:00 Is there a token related to BazaarSwap?01:54:00 Fees? (They do not charge additional fees; it varies by provider.)01:59:00 What Flynn loves about THORChain