Liquid Nova
  • Welcome to Liquid Nova!
    • What is Liquid Nova?
    • Features
    • Getting Started
    • Invite Codes
  • SECTIONS
    • Pools
    • Strategies
      • Create Strategy
      • View-Strategies
    • PNL Stats
    • Swap
    • Wallet
  • STRATEGY STEPS
    • About
    • Create Position
    • Close Position
    • Swap Tokens
    • Wait Time
    • If Condition
    • Repeat Strategy
    • Auto-Claim Fees
  • USEFUL INFORMATION
    • Links
    • Platform Fees
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On this page
  • Overview
  • Swap Direction:
  • Swap Amount Percentage:
  • Swap Slippage:
  • Price Condition (Optional):
  • Strategy Applications
  1. STRATEGY STEPS

Swap Tokens

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Last updated 1 month ago

Overview

The Swap Tokens step allows you to exchange one token for another within your strategy. This component gives you control over the swap direction, amount, execution timing, and price conditions for optimal trades.

Swap Direction:

Choose which token you want to exchange for the other:

  • Token X to Token Y: Convert your X tokens into Y tokens.

  • Token Y to Token X: Convert your Y tokens into X tokens.

Swap Amount Percentage:

A slider control lets you determine what portion of your tokens to swap:

  • Range: 1% to 100% of your available tokens.

  • Visual Scale: Easily set common values like 50% or 100%.

  • Fine Control: Adjust in 1% increments for precise allocation.

Swap Slippage:

Set your maximum acceptable price deviation during trade execution:

  • Recommended Range: 0.1% to 5% depending on token pair liquidity.

  • Lower Values: More likely to fail in volatile markets but protect from unexpected price movements.

  • Higher Values: More likely to execute successfully but with potentially worse prices.

Price Condition (Optional):

Control when your swap executes based on market conditions:

  • Enable/Disable: Toggle price condition functionality.

  • Condition Type: Choose "Above" or "Below" to determine when the swap will execute.

  • Price Target: Set the exact price or percentage that triggers the swap.

  • Percentage Mode: Toggle between absolute price or percentage of current price.

  • Current Price: View and refresh the current market price.

Strategy Applications

  • Take Profits: Swap tokens when prices reach favorable levels.

  • Rebalancing: Adjust your token ratio to maintain desired portfolio weights.

  • Entry Strategy: Convert stablecoins to tokens at specific price points.

  • Exit Strategy: Convert volatile assets to stablecoins during market uncertainty.

  • Dollar-Cost Averaging: Set up recurring swaps at predetermined intervals.