๐ Letโs start introducing you to the unique features of
Bidask!
Slippage in the Bidask Protocol will operate in a way that may be unfamiliar, even for active users of DEX platforms across different blockchains. On a typical DEX, when slippage occurs, the entire trade that the user attempted is reverted, and user receives all his tokens back. In Bidask, however, trades will be executed based on the principle of "partial execution".
Partial execution refers to a type of trade execution where assets are exchanged up to the point where all market participants are satisfied with the exchange price.Therefore, when making a trade, you will set the edge price at which you are willing to exchange your initial asset. Upon execution, you will receive all tokens that were exchanged at a price acceptable to you, while any remaining tokens that could not be exchanged will stay in your possession.
๐ This implementation is extremely convenient during price movements, as it ensures that the user completes part exchange at a favorable price, rather than simply receiving his tokens back without making any trade.
