blog.arken.finance Open in urlscan Pro
2606:4700:3034::ac43:87bf  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Open in app

Sign up

Sign In

Write


Sign up

Sign In


Arken Finance
Follow

Jan 24, 2022

·
4 min read
·

Listen



Save








ARKEN FINANCE LAUNCHING “BEST RATE 3.0” ENGINE



Arken.Finance, a multi-chain, user-friendly decentralized exchange (DEX)
aggregator, is excited to announce its “Best Rate 3.0” swap engine. Through this
engine and algorithm upgrade, Arken will bring the best-in-class user experience
and better trading tools that help users to make profits from the decentralized
exchange market landscape with ease.


HOW ARKEN FINANCE FINDS THE BEST EXCHANGE RATE FOR USERS

The term “marginal” refers to an opportunity in the financial realm. Even a
slight difference may open up a world of opportunity for the users, especially
in the decentralized exchange (DEX) market.

In centralized exchange (CEX) and decentralized exchange (DEX) areas, one common
thing that both financial fields have in common is the ‘arbitrager’. This is
common whether the area is traditional finance, centralized crypto-finance, or
decentralized finance, among others. The act of arbitraging is when individuals
or groups of individuals buy security in one market and concurrently sell it in
another market at a higher price, resulting in the opportunity to benefit from
the transitory difference in cost per share that results from the price gap that
is constantly present in the financial sector to arbitrageurs. Nonetheless, even
now arbitrage in decentralized finance (Defi) demands both in-depth financial
understanding and a strong coding aptitude to be successful, limiting the
accessibility to this opportunity for common users.

In order to overcome the market exchange rate and keep up with the constantly
changing differential in order to benefit from it, the arbitrager must either
put up significant work in comparing currency rates across DEXs or design a
trading bot that can overcome this difficulty. As a result, Arken Finance sees
the potential improvement gap and the opportunity to provide traders with a
trading tool that can automatically source the best exchange rate and split
orders to different routings for maximum returns.


ARKEN FINANCE INTRODUCES “BEST RATE 3.0” ENGINE

Arken Finance’s “Best Rate 3.0” is the most recent engine update version of our
algorithm, allowing the protocol to become even more competitive and efficient
in the marketplace. Alongside splitting orders, the “Best Rate 3.0” engine
indexes prices from multiple pools to find the best price across all and splits
trading amounts across multiple routes in a single transaction to make the trade
make an even better price.

Since Arken Finance's 1st debut in June 2021, its “Best Rate” engine has been
constantly upgraded and improved by the team. Today, Arken has launched a total
of 3 versions, each of which is constantly being enhanced and strengthened.


A recap of Arken Best Rate engine evolution


KEY ADVANTAGES TO THE USERS FROM UPGRADING “BEST RATE” ENGINE

 * Gas fee reduction by 20–30%
 * No double exchange tax
 * The better exchange rate from the faster and easier DEXs and pools
   integration. The more DEXs integrated, the better sources of liquidity we can
   index from.


Upgrades of the token transfer routing of Arken’s Best Rate 3.0, resulting in
significant gas fee reduction and avoiding double taxing on tokens with tax.


WHAT’S NEXT FOR ARKEN FINANCE?

Despite the achievement of launching Best Rate 3.0, the potential of Arken
Finance’s core engine remains enormous. The protocol has the potential to grow
much more efficiently and evolve into an even better form. Arken next stage is
to attain the status of a universal platform, which can plug into any type of
DEXs while still maintaining its key principles: Speed, Precision, and Best
Algorithm.

> “We feel that being the lone winner or only being ‘the first’ position is not
> as important. What’s more important is the sustainability of the project and
> long term benefits to our users. Ultimately, we wish to promote the DeFi
> sector in becoming more mature and growing gradually with great projects in
> the long run, which may make a significant contribution to the DeFi’s future.”
> — Arken Finance team

Arken Finance has the mission to deliver an equal financial opportunity from
every corner of the world. The team aims to contribute to and work on ambitious
initiatives, and to advance the DeFi sector for the benefit of everyone.

For further talk and chat: marketing@arken.finance

Twitter: https://twitter.com/ArkenFinance
Telegram: https://t.me/arkenfinance
Facebook: https://www.facebook.com/arkenfinance



3

3

1




3



1




MORE FROM ARKEN FINANCE

Follow


The best-in-class trading view to help you discover treasures from various
decentralized exchanges #BNB #POLYGON #ETHEREUM #Avalanche #Arbitrum

Dec 25, 2021


ARKEN X’MAS & NEW YEAR’S CELEBRATIONS — LET’S PREPARE TO WIN NFT GIVEAWAYS

Arken Finance, in partnership with 6 other DeFi projects, is giving away 18 very
special NFTs and other additional prizes! — Merry X’Mas and Happy New Year 2022,
Arkeners! We hope your 2021 went great and you had a happy experience trading
with us. As thank you gifts to our valued users, we are excited to announce that
our NFT giveaway event is coming up soon between 6–12th January 2022! General
Information

Defi

7 min read



Defi

7 min read




--------------------------------------------------------------------------------

Share your ideas with millions of readers.

Write on Medium

--------------------------------------------------------------------------------

Dec 23, 2021


THE ROAD TO BECOMING THE ‘BEST USER EXPERIENCE’ TOOL IN DEFI: ARKEN’S NEW MARKET
PAGE FOR EASIER TOKEN SEARCH

To all Arkeners out there, are you ready for the all-new, even better, and
simpler user experience on Arken Finance? What if trading, investing, and
searching for the tokens come in an easier-to-use form? Wait no longer, Arken
Finance has made it true! Did you know that Arken Finance now…

Defi

3 min read



Defi

3 min read




--------------------------------------------------------------------------------

Dec 22, 2021


ARKEN FINANCE MONTHLY AMA SUMMARY: DECEMBER 2021 EDITION

From the first ama session to our second, we do have quite a lot of questions
set to us, so I won’t delay the session any further. The live chat will now be
closed and at the end of AMA we will open the chat again. Without further ado
let’s…

Arkenfinance

5 min read



Arkenfinance

5 min read




--------------------------------------------------------------------------------

Dec 22, 2021


BEGINNER’S GUIDE TO DEFI TRADING ON MOBILE DEVICES: WHAT’S ALL THE FUSS?

Oftentimes in the DeFi world, many new users have trouble switching between
opening a DApp from a laptop or PC to mobile devices, especially for those DApps
which involve making transactions or transferring digital assets. Today, we will
talk about why and how — and what Arken Finance is trying…

Defi

3 min read



Defi

3 min read




--------------------------------------------------------------------------------

Dec 8, 2021


NOW YOU CAN REST ASSURED WITH ARKEN FINANCE ‘PRICE ALERT’ FEATURE

Happy December! We hope you all are doing great and have the most wonderful time
of the year. Today, Arken Finance comes with a new feature launch for our valued
users. Have you ever lost out on a fantastic trading opportunity simply because
you were not logged into your trading…

3 min read




3 min read




--------------------------------------------------------------------------------


RECOMMENDED FROM MEDIUM

TheStandard.io DeFi protocol

in

TheStandard.io DeFi protocol

THE STANDARD TOKEN (TST) FAIR AUCTION DISTRIBUTION: A STEP-BY-STEP GUIDE



Finminity

SHARKRACE CLUB($SHRK) STRATEGIC ROUND PARTICIPATION PROCESS ON FINMINITY ($FMT)



Crypt Deal

CRYPTOV8 [CRV8] — THE NEED OF TIME — BRINGING BANKING INTO BLOCKCHAIN



Shan Han

in

cryptosfortherestofus

👺 SBI LAUNCH AN EXCHANGE 📰 COINBASE UPDATES



Alexei Zamyatin

in

Interlay

FEATURED USE CASE: CHAOTIC BTC DEFI WITH KINTSUGI & KARURA



Zahrul Fuadi

SHISHA COIN — A FIRST COIN CAPITALIZATION AND PROFIT SHARING CRYPTO



X-Order

ANALYSIS ON THE PRINCIPLE OF THE “MLM TOKEN” AND A GUIDE ON HOW TO IDENTIFY
SCAMS, PART 2| PONZI…



Crypto Look

HELLO CRYPTOLOOK 👋



AboutHelpTermsPrivacy

--------------------------------------------------------------------------------


GET THE MEDIUM APP




ARKEN FINANCE

259 Followers

The best-in-class trading view to help you discover treasures from various
decentralized exchanges #BNB #POLYGON #ETHEREUM #Avalanche #Arbitrum

Follow



MORE FROM MEDIUM

Mark Schaefer

20 ENTERTAINING USES OF CHATGPT YOU NEVER KNEW WERE POSSIBLE



Jason

HOW A SIMPLE SCRIPT HELPED MAKE ME OVER $1000/MONTH



Jeffrey Scholz

in

RareSkills

BLOCKCHAIN JOB TIER LIST



Ren & Heinrich

in

DataDrivenInvestor

I ANALYZED 200 DEFI PROJECTS. HERE IS WHAT I FOUND OUT.



Help

Status

Writers

Blog

Careers

Privacy

Terms

About

Text to speech

To make Medium work, we log user data. By using Medium, you agree to our Privacy
Policy, including cookie policy.