Using Aggregator Dex
Describes how to utilize the Aggregator Dex platform.
Introduction
Aggregator Dex is a peer-to-peer platform for asset exchange without intermediaries. Users can create swap orders (up to 8 at a time) without gas fees, except for the first transaction. Orders are then executed on the platform, allowing multiple or partial order fulfilment in one transaction.
The following terms are used in the section below:
Gains %: The percentage profit from the transaction compared to Uniswap.
Fair price: The price per unit of X tokens that ensures both the seller and buyer receive the same Gains %.
Favorable order: An order with an output amount higher than what Uniswap offers.
Counter order: An order that fulfils the user's order by providing the opposite side of the trade
Submit an Order
Submitting an order is easy on Aggregator Dex:
Connect your wallet.
Select the token you wish to swap.
Click the arrow in the middle if you intend to sell your tokens for ETH.
Enter the desired input amount (cannot exceed your current balance).
The output amount will be calculated automatically based on the following:
If a favorable counter order exists, the calculation uses the asking price.
Otherwise, a fair price is calculated to ensure equal gains % for both the order creator and executor.
Adjust the output amount if needed:
Lower the output to make your order more attractive (e.g., reducing your gains from 5% to 3% gives the executor 7% gains).
Increase the output for higher gains, but it may take longer to fulfil (e.g., increasing your gains from 5% to 7% gives the executor only 3% gains).
Execute your order by:
Fulfilling a counter order, in which case your transaction is executed funds are exchanged immediately. However, you will pay for gas fees similar to Uniswap.
Placing the order, in which case you do not pay for any gas fees, and your transaction will be executed once a counter order is placed on the platform. Please note that funds will be available in your wallet until the order is fulfilled. This gives you the opportunity to swap your assets at any time on traditional swap platforms.
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