Zero-Slippage Trading
Why trade on Uniswap if you can trade with zero-slippage on the numa protocol?
Users have the ability to directly trade between different nuMoney synthetics and the $NUMA token without slippage.
For example, users are able to trade an unlimited amount between $nuUSD and $nuBTC without impacting the price of either synthetic asset. The price of each asset will remain determined by the Chainlink oracle pricing feed.
This zero-slippage trading provides additional value over the capabilities and fees associated with existing DEXs, since there is no slippage and fees are lower—all within the numa app.
To accomplish this, the token that is "sold" is burned, while the token that is "bought" is minted. So, if a user wants to trade $nuUSD for $nuBTC, the $nuUSD is burned and the corresponding value of $nuBTC is minted. Zero-slippage trades incur a 0.15% transaction fee which is distributed to the numa protocol treasury.