L-1 Streaming Swap on Lends

The L-1 streaming swap feature on Lends is designed to optimize the swapping of assets by providing the best pricing and efficiency.

Here’s a detailed look at what it entails:

L-1 Streaming Swap Feature:

1. Price Optimization:

- The primary focus of L-1 streaming swaps is to ensure that users get the best possible price for their swaps.

- This is achieved by spreading the swap execution over a period, rather than executing it all at once.

2. Efficiency:

- By streaming the swap, the platform can take advantage of price fluctuations and liquidity over time, leading to more efficient trades.

3. Time-Weighted Average Price (TWAP):

- The concept is similar to a Time-Weighted Average Price (TWAP) trade, where the trade is executed in small increments over a set period.

- This helps in reducing the impact of large trades on the market price.

4. Execution Period:

- The swaps are executed over a specified period, which can help in mitigating the risks associated with sudden price movements.

5. User Control:

- While users cannot select faster time-optimized swaps, the price-optimized approach ensures that they benefit from the best available pricing.

Benefits of L1 Streaming Swaps:

- Reduced Market Impact: By spreading out the trade, the impact on the market price is minimized.

- Better Pricing: Users can achieve better pricing by taking advantage of price fluctuations over time.

- Risk Mitigation: The gradual execution helps in reducing the risk associated with large, sudden trades.

How to Use L-1 Streaming Swaps:

1. Initiate Swap: Start by selecting the assets you want to swap.

2. Set Parameters: Define the swap parameters, including the duration over which the swap will be executed.

3. Execute: The platform will handle the rest, executing the swap in increments to optimize pricing.

If you have any specific questions or need further details, feel free to ask