Under the Hood

1. Liquidity Aggregation

   • NextSwap pulls from multiple decentralized exchanges and liquidity pools across various chains.

   • Ensures minimal slippage and competitive rates.

2. Bridging Logic

   • For cross-chain swaps, NextSwap uses bridging protocols behind the scenes.

   • Tokens may be locked in a smart contract on the source chain, and a corresponding asset is minted or released on the destination chain.

3. Routing Algorithm

   • The aggregator automatically determines the best path for the swap, which could involve intermediate steps on different blockchains if it reduces fees or improves rates.

4. Smart Contracts

   • Deployed on multiple chains to handle the locking and unlocking of assets, bridging, and settlement.

   • Each contract is designed to minimize trust requirements, with audits performed to ensure security.