MetaMask may introduce transaction intent functionality to enhance the transaction experience within the wallet.

According to a report by CoinDesk, MetaMask is currently exploring the integration of intent-based transactions into its Smart Swap feature. This new functionality will allow users to directly submit intent-based transactions using the built-in transaction feature of the MetaMask wallet. It is expected to be launched within the next few months. [Source](https://www.coindesk.com/tech/2024/01/17/metamasks-secret-intents-project-could-radically-change-how-users-interact-with-blockchains/)

MetaMask to Introduce Intent-Based Trading Feature

According to reports, leading Web3 wallet MetaMask is testing a new technology that utilizes third-party transaction routing. This feature, called intent-centric design, combines existing token trading functionality within the wallet to provide users with a simpler trading experience.

Consensys Acquires Routing Technology Company

The routing technology is developed by blockchain technology company Special Mechanism Group (SMG), which was acquired by Consensys last year. They are now working on integrating the technology into the existing token exchange feature called Smart Swap.

Redesigning the Smart Swap Feature

The original design of the built-in token exchange feature, Swap, in MetaMask utilized aggregated transactions to compare authorized decentralized exchange prices on the blockchain, providing users with a cheaper and secure trading path.

The Smart Swap feature, when enabled by default, adds additional metadata to the transaction information, enhancing the success rate and privacy of user transactions while reducing transaction fees and minimizing MEV (Miner Extractable Value) losses. Users also have the option to disable this feature if they do not require it.

In the future, with the introduction of new paths developed by SMG, Smart Swap will be able to accept transaction routes provided by third-party operators, allowing for more diverse and customized intent-based trading needs from users. Compared to the original design, users will have more freedom to input order information.

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Not Using Private Liquidity

Consensys stated that the new routing mechanism was intentionally designed to avoid certain risks. The technology developed by SMG differs from other intent-based design projects and involves optimizing methods similar to auction systems. It may not utilize private liquidity pools.

The design of the transaction router will be completely permissionless, allowing theoretically anyone to participate in order flow auctions.

Potential Open Source in the Future

The Consensys team stated that SMG's intent-based trading technology may be open-sourced for other protocols. However, there are still many variables at this stage, but Consensys is inclined to create an open-source ecosystem.

MetaMask Driving Industry Development

As a leading wallet, MetaMask's update will set a precedent for other wallet providers and bring healthy competition, prompting them to rethink the design of their crypto wallets. MetaMask is leading the way in popularizing intent-based design, which will help accelerate industry growth.

Consensys mentioned that the integration of this plan will be completed within the next few months.