DeFi protocol Cash on Chain, a lending platform and stablecoin issuer based mostly on (BTC) sidechain RSK, introduced Wednesday the launch of TEX, an automatic token swap platform based mostly on an order ebook — with a novel twist.
As a substitute of being out there instantaneously, orders are processed in batches based on a barely variable interval of some minutes. Every execution, known as a tick, matches the orders submitted to the blockchain.
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