Composability
Composability feature on the Algofi DEX.
Composability is a function for users that allows them to combine transactions with the Algofi DEX with other transactions.
This works as follows - a user constructs a group transaction wherein the first transaction is a swap transaction with Algofi. The user can then append further transactions
This source of capital allows for much greater market efficiency, as traders have near unrestricted access a source of funds for arbitrage. Moreover, these flash loans can be deployed across the Algorand ecosystem as the source of trading opportunities grows.
There is currently no support for flash loans in the Algofi UI - the feature primarily exists algorithmic programmers. Developers can find more information on how to implement a flash loan by visiting https://github.com/Algofiorg/algofi-amm-py-sdk.
Last modified 1yr ago