We are excited to announce a new feature on the Velar Dharma Automated Market Maker (AMM) - Multi Hops! This enhancement will make swapping tokens on our platform even more seamless and efficient.

What are Multi Hops?

Previously, if a user wanted to swap a token that didn't have a direct trading pair, they would need to execute multiple trades. For example, to swap Velar for Odin, a user would first have to trade Velar for STX, and then STX for Odin. 

With Multi Hops, this process is simplified. Now, users can directly swap Velar for Odin in a single transaction, even though there isn't a direct Velar-Odin trading pair.

How do Multi Hops work?

On the front end, users will simply select the token they want to swap from (e.g., Velar) and the token they want to receive (e.g., Odin). The AMM will handle the rest.

Behind the scenes, the AMM will automatically route the trade through intermediary pairs. In the Velar to Odin example, the AMM will first swap Velar for STX, and then STX for Odin. 

This means that even though the user experiences a direct Velar to Odin swap, the swap fees will actually be paid to the Velar-STX and STX-Odin trading pairs that facilitated the trade.

Benefits of Multi Hops

Multi Hops bring several benefits to our users:

1. Simplicity: Users can swap between any two tokens, regardless of whether a direct trading pair exists.

2. Efficiency: Multi Hops reduce the number of transactions a user needs to execute, saving time and gas fees.

3. Liquidity: By routing trades through intermediary pairs, Multi Hops help to increase liquidity across the entire ecosystem.

We believe that the introduction of Multi Hops will significantly enhance the user experience on Velar Dharma AMM. Try out this new feature today and let us know what you think!