Community Finance Whitepaper
  • Whitepaper Overview
  • Roadmap
  • Protocol Overview
  • Basics
    • Welcome to Community Market
    • Useful Resources
  • Limitations on Current Stable-Swap Protocols
    • Impermanent Loss
    • Capital Inefficiencies
    • User Experience
    • User Benefits
  • Enhanced Features
    • Auto-Allocations
    • Auto-Balance
    • Auto-Compound
  • Stableswap Details
    • Asset Liability Management
    • Liquidity providers
    • Asset listing & Governance
  • RY - REALYIELD
    • Utility
    • Token Details
  • veRY - veREALYIELD
    • Utility
    • Token Details
  • Liquidity Mining
    • Liquidity Pool Fees
  • Incentives
    • Liquidity Incentives
    • Swap Incentives
    • Partner Program
  • How to use Community Market
    • Providing Liquidity
    • Swapping
      • Asset Swaps
      • Exchanging Tokens
    • Liquidity Mining
      • Preparatory Steps
      • Import $RY as a custom token
      • (I) Deposit and Staking LP Tokens
      • ​ (II) Collecting Rewards & Withdrawing Liquidity
      • Withdraw in other asset
      • (III) Stake Your NFT To Farm $veRY
  • NFT OVERVIEW
    • The Yield Ones
    • Collectible Value
    • Levels
    • Types
  • NFT Fundamentals
    • Web3
    • NFT Market
    • Ownership
    • The Future
  • FAQ
    • Frequently asked questions
      • What will be token for Community Market?
      • What markets is the $REALYIELD token traded on?
      • Other questions?
      • Which wallets can I use to swap on Market?
      • What happens if one of the coins in a pool loses its peg?
    • Other questions?
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  1. How to use Community Market
  2. Swapping

Asset Swaps

The Market stableswap seeks to reduce slippage for high-value swaps in the market without compromising flexibility and stability. We currently support dollar-pegged stablecoins (i.e. USDC, USDT, and DAI).

Before initiating the trade, there are a few things to note:

The native token of MATIC is required for gas fees on each transaction.

A 0.01% transaction fee (we call it a haircut) is collected for liquidity providing.

We may charge deposit fees or withdrawal fees depending on the pool’s coverage ratio.

Trading tokens not listed on Market by importing their contract addresses is currently not supported.

While the exchange rate for tokens in the stableswap is pegged, it is possible that some of them become unpegged due to unforeseeable reasons.

Community Market will track real-time data feeds via reliable price oracles and will halt the trade if significant deviation is detected.

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Last updated 2 years ago