Subscribe to DZap
DZapBatch sell multiple tokens in a single transaction! ⚡️
Hello DZapers! ⚡️ In the last article, we explained everything about “Batch Buy”. Go through it if you haven’t already https://mirror.xyz/0x3a28f13bA51235c895c1B080b108cDc45C9eA472/bLafD1YELLoZbFwqBYWc3WuWL997ApbtEf2Eybp-lmA🏷 Let’s now understand what Batch Sell is!Batch Sell feature enables users to sell one than one token in a single transaction. In other words, you can sell any number of tokens at once without having to swap one at a time. Through Batch Sell, you can “Convert multiple tok...
DZapDifference between DCA on CEX and DEX
Dollar Cost Averaging (DCA) is an investment strategy that involves dividing the total investment amount and purchasing a target asset at regular intervals, regardless of the asset's price. Implementing DCA on both centralized exchanges (CEX) and decentralized exchanges (DEX) differs in terms of setup and custody of funds. On a CEX like Binance, a Recurring Buy feature allows users to buy a fixed amount of cryptocurrency over a set interval of time. Users can schedule their purchases usi...
DZapDZap 2024: A Year in Review and Looking Ahead to 2025
2024 was a game-changing year for DZap, packed with groundbreaking achievements and setting the stage for an exciting 2025. Here's a quick look back and a glimpse forward.2024 HighlightsBridge Aggregator Goes LiveDZap launched its bridge aggregator this year, integrating with 30+ bridges like Synapse, Across, and Stargate, and 20+ chains, including both EVM and non-EVM chains like Ethereum, Solana, Polygon, and Core. This made multi-chain transactions seamless and accessible for users gl...
<100 subscribers
DZapBatch sell multiple tokens in a single transaction! ⚡️
Hello DZapers! ⚡️ In the last article, we explained everything about “Batch Buy”. Go through it if you haven’t already https://mirror.xyz/0x3a28f13bA51235c895c1B080b108cDc45C9eA472/bLafD1YELLoZbFwqBYWc3WuWL997ApbtEf2Eybp-lmA🏷 Let’s now understand what Batch Sell is!Batch Sell feature enables users to sell one than one token in a single transaction. In other words, you can sell any number of tokens at once without having to swap one at a time. Through Batch Sell, you can “Convert multiple tok...
DZapDifference between DCA on CEX and DEX
Dollar Cost Averaging (DCA) is an investment strategy that involves dividing the total investment amount and purchasing a target asset at regular intervals, regardless of the asset's price. Implementing DCA on both centralized exchanges (CEX) and decentralized exchanges (DEX) differs in terms of setup and custody of funds. On a CEX like Binance, a Recurring Buy feature allows users to buy a fixed amount of cryptocurrency over a set interval of time. Users can schedule their purchases usi...
DZapDZap 2024: A Year in Review and Looking Ahead to 2025
2024 was a game-changing year for DZap, packed with groundbreaking achievements and setting the stage for an exciting 2025. Here's a quick look back and a glimpse forward.2024 HighlightsBridge Aggregator Goes LiveDZap launched its bridge aggregator this year, integrating with 30+ bridges like Synapse, Across, and Stargate, and 20+ chains, including both EVM and non-EVM chains like Ethereum, Solana, Polygon, and Core. This made multi-chain transactions seamless and accessible for users gl...
Share Dialog
Share Dialog
Hello fam!
DCA creation process is quite easy in dzap.io. The article below explains the whole process of creating a position of DCA.
Users can create a position at any time, and once a position is created, there are several actions that they can perform on it. These actions include modifying the position, withdrawing swapped balances, and ending the position.
Users have the ability to modify their positions in several ways. They can-
increase the amount of funds in their position,
decrease the amount of funds in their position, or
reorganize the available funds.
Specifically, they can modify the "rate" and "amount of swaps" properties of their position. For instance, a user could increase the rate of their position from 10 USDC to 15 USDC, reduce the rate from 10 USDC to 5 USDC, or adjust the rate and number of swaps required for a position.It's important to note that the "swap interval", "from", and "to" properties of a position cannot be modified.
When a swap is executed on a position, the "from" token balance decreases, while the "to" token balance increases. For instance, if a user has a position with a balance of 100 USDC and they execute a swap for 10 USDC worth of CRV, their remaining balance would be 90 USDC, while their swapped balance would be 10 USDC worth of CRV. At any time, the user can claim/withdraw their swapped balance ans it would be transferred to their wallet.
Users also have the option to end their position at any time. When a position is ended, the remaining DCA position is cancelled and any remaining and swapped balances are returned to the user's wallet.
Hello fam!
DCA creation process is quite easy in dzap.io. The article below explains the whole process of creating a position of DCA.
Users can create a position at any time, and once a position is created, there are several actions that they can perform on it. These actions include modifying the position, withdrawing swapped balances, and ending the position.
Users have the ability to modify their positions in several ways. They can-
increase the amount of funds in their position,
decrease the amount of funds in their position, or
reorganize the available funds.
Specifically, they can modify the "rate" and "amount of swaps" properties of their position. For instance, a user could increase the rate of their position from 10 USDC to 15 USDC, reduce the rate from 10 USDC to 5 USDC, or adjust the rate and number of swaps required for a position.It's important to note that the "swap interval", "from", and "to" properties of a position cannot be modified.
When a swap is executed on a position, the "from" token balance decreases, while the "to" token balance increases. For instance, if a user has a position with a balance of 100 USDC and they execute a swap for 10 USDC worth of CRV, their remaining balance would be 90 USDC, while their swapped balance would be 10 USDC worth of CRV. At any time, the user can claim/withdraw their swapped balance ans it would be transferred to their wallet.
Users also have the option to end their position at any time. When a position is ended, the remaining DCA position is cancelled and any remaining and swapped balances are returned to the user's wallet.
No comments yet