Fibrous Finance Unveiled — Part 4

What comes next on Fibrous?

With Part 4 of the ‘Fibrous Finance Unveiled’ blog series, we now have a clearer understanding of the evolution of decentralized finance and can shine a spotlight on Fibrous’ near future.

Powerful Base of Fibrous

As explained in Unveiled Part 3, Fibrous’s core method is its complex swap capability, which offers optimized swap transactions with simplicity as a DEX aggregator. Using ZK-Proofs for verifiable Cheap Computation, it provides more efficient routing and the best price fetching in a network. Normally, swap operations that would take dozens of stages can be completed in a single interaction, offering optimized price rates and gas fees.

Additionally, the native Account Abstraction (AA) infrastructure provided by Starknet allows for multi-token input-output swaps. No matter what operation you perform, Fibrous’ AA-powered background minimizes interactions and complexity while maximizing rates for the user.

Another cornerstone of Fibrous is its intent-based protocol and app access. Its algorithm, particularly in pathfinding and its entire feature set, frees users from complexity factors thanks to its intent infrastructure. For example, whereas normally executing order-based operations on AMMs with desired prices and capital efficiency would be a multi-step process requiring constant human intervention, Fibrous’ Limit Order feature offers access to your desired price in the network in the most efficient way possible in a single step.

Near Future of Fibrous

Fibrous’ main dedication is to provide the best user experience by using different tech infrastructures and stacks to differentiate itself from the complexity brought by DeFi. With this understanding, it plans to introduce a series of new feature designs in the near future.

Paymasters: One of the widely used features of Account Abstraction is paymasters, which allow gas fees to be paid with various tokens based on the permissions provided to the relevant contract. Another point where Fibrous wants to contribute to this feature is to provide gas discounts for various scenarios and enhance the swap experience.

TWAP Orders: TWAP orders divide a large order into several regular limit orders executed at fixed intervals. When configuring a TWAP order, users determine the number of segments into which to split their trade and the total duration of the order. With this feature, Fibrous plans to create flexibility for price minimization in large-amount swaps and various decentralized trading strategies.

Auction-Based Solvers: Fibrous aims to be more than just a solver that offers the best price fetching; it intends to elevate price optimization by aggregating all on-chain and off-chain price rates, starting with independent sources offering direct price bids. This will not only aim to develop a new ecosystem around Fibrous’ routing capabilities but also transform its business model into a hub that extends to independent sources.

Finally…

Of course, all the upcoming updates and upgrades in Fibrous will not be limited to these. After its long journey on the Starknet network, Fibrous is embarking on a unified and chain-abstracted space exploration to discover the ultimate level that DeFi can reach. It will continue to offer many new integrations and liquidity sources with a focus on simplicity.

Get in touch with us

Website: fibrous.finance
Twitter: Fibrous
Discord: Fibrous
Mail: [email protected]