Trading

The Swap and StableSwap tabs, are where you can trade one token for another. It is a user-friendly swap interface, just select the two tokens you wish to exchange. 
The liquidity provided comes from Liquidity Providers (LPs) who stake their tokens in the associated 'Pools'. In exchange, they get LP (Liquidity Provider) tokens, which can also be staked to earn REF and other tokens in the 'Farms'.
When you trade (swap) on Ref Finance you will pay the pool fee (trading fee), which is broken down as follows:
For traders, the fee is always taken on the amount paid in. The Protocol and Referral fees translate into LP tokens.
For regular pools (Swap function), if there is no account to receive the Referral Fee, it goes to all LPs of that pool as a form of increased LP tokens
For stablecoin pools (StableSwap function), if there is no account to receive the Referral Fee, it goes to the Protocol Fee as a form of increased LP tokens
Start Trading
First, make sure that you are connected to Ref Finance with your wallet.
Step 1: Choose the pair you want to swap first, for example, wNEAR to nDAI
Step 2: Check and adjust (if needed) your Transaction Settings
Step 3: Enter the amount you want to swap
Step 4: Click on Details, and verify the elements of the transaction
Step 5: Swap
Step 6: Approve the transaction (i.e. using NEAR wallet)
Happy trading!

Last modified 3mo ago