Andre Cronje: Onchain swaps offer no fees or gas costs

Andre Cronje: Onchain swaps offer no fees or gas costs
Onchain swaps remove fees and gas

Onchain swaps with no fees or gas costs are being highlighted as a new approach. Andre Cronje, Founder of Flying Tulip and former CTO of Sonic Labs, described that users can swap, earn yield, use as collateral, or simply complete a swap with ease.

Cronje previously outlined higher capital efficiency and yield methods using margin and ftUSD in an earlier discussion on yield rates for crypto assets. He also described a strategy for gaining 5x leveraged ETH exposure while earning a 2 percent yield on the position, as detailed in a separate report on leveraged ETH opportunities. These examples reflect Cronje's ongoing focus on optimizing DeFi user benefits.

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