I propose to completely remove the 6% slippage. It does not have any incentive or take the action to buy already losing a percentage.
There is no incentive to buy or sell without constantly giving the swap the error of raising the slipage.
Personally, I can tell you that all the people I know in person think that having to upload slipagge is a joke and that’s why they won’t want to participate in anything related to FXG.
Thanks! u r right that the right keyword is price impact, NOT slippage.
Breaking it into smaller amounts does not the problem fully, liquidity is just not high enough, if @Fox_Coin can increase liquidity, it will be good for people like me to buy more
And yes, the underlying issue is still insufficient liquidity.
Breaking down the transactions only addresses the errors that users are facing due to the price impact being too high. To eliminate the error, just break it into smaller txs.
But if you plan to convert a sizable amount, liquidity needs to be added for you to entirely swap.
46k FX in liquidity
4.7M FXG in liquidity
Total Pool Value - $17.7k
A small swap can drastically change the price in both directions.
My intention was to upload personalized stickers to the platform with the possibility of having hundreds of copies of them.
Having the activated possibility of having thousands of copies of the nft can incentivize the volume of transactions.
I personally would send dozens of transactions a day to each friend to give them some NFTs. They would do the same to have the different ones they lacked from the collection.
My idea leads irrefutably to increase the volume of transactions on the network and the actual use of it.
Example of these stikers NFTs that i want to sell to cheap prices always as to (X) FXG [0,05$]: