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.