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ConsenSys Designs New Smart Routing Mechanism to Streamline MetaMask Transactions
ConsenSys Inc, a private blockchain software technology company that has focused on building web3 infrastructure, is on the verge of releasing a game-changer feature for the MetaMask wallet. According to a report by CoinDesk, MetaMask has been testing a transaction routing feature to enable users to get the best possible connection for token swaps. The new routing tech has been developed by web3 developers from the Special Mechanism Group (SMG), which was purchased by ConsenSys last year.
Notably, the new routing tech is meant to protect users from different challenges associated with token swaps including bot front-running through maximal extractable value (MEV). As a result, the new transaction routing tech can be used by other decentralized financial (DeFi) platforms to ensure every user accesses smart swaps with the best prices once the company releases them for public use.
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