Please tell me if I am completely off target, but isn’t it possible to integrate other DEXs in BF 's interface and leverage their liquidity, while focusing on cross-chain? Focusing BF’s liquidity into very select coins would deepen its pools. (Maybe significantly?).
An extension of what you suggest here, I think:
For example, for a DOC - DAI swap, BF would use Sovryn to facilitate DoC → XUSD then use its own liquidity for the swap XUSD → USDT – assuming USDT is one asset BF decided to hold in it’s vaults – and then use Uniswap (for eg.) for USDT-DAI (if DAI has been removed from BF pools).
Is it possible to have these transactions signed all at once?
If yes, wouldn’t we end up with a more efficient system and deeper pools if BabelFish Vaults held few different assets per chain and outsourced liquidity to “speak” other stables?
The only things users care about are liquidity, fees and speed (the last two of which might be hampered at the benefit of the first one). I see other cross chain protocols doing that (like th**chain), and the user experience is not worst (to the contrary).
Sorry for late reply. I’ll try to be more consistent.