📘 Swap
📖 Swap
- 📘 Swap - Complete functional documentation 🛫 2024-03-02 📅 2024-03-19
Try to create the diagram using this tool
Initial support for BNB/USDT. The goal is to get benefits in 💰 USDT. Whenever the trader sells 💰 BNB, from the 💰 USDT profit:
- Firelabs will obtain a 10%,
- the trader will obtain a 20% (who can withdraw or keep working with it)
- the remaining 70% will go proportionally distributed to users (who can withdraw their earnings at any time too)
For the MVP the pool will be only for BNB/USDT.
What should be visible in the UI:
- The amount of
💰 BNBinvested by the trader - The total amount of
💰 BNBin the pool (captured from the Smart Contract) - Every single operation executed by the trader in a table
Exchanges we could support:
- Uniswap in BSC - it uses Uniswap V3 so we'll need to make a research on how this works
- PancakeSwap in BSC
- Nimbus Platform
- BakerySwap
- BurgerSwap
- AnySwap
- ZeroSwap
- DoDoSwap
- DeFiLlama
- . . . let's focus on connect to just one for the MVP
Token Details and Assets
Token information (including decimals, symbol, name, etc.) is pulled from token contracts directly. Logo images are pulled from TrustWallet. If you'd like your token logo updated make a pull request into the TrustWallet assets repo https://github.com/trustwallet/assets.
Actors
👨🍳 Traders 🙋♂️ Users (who follows the operations of a trader) 🚰 Pools (assets' pool)
UI prototype
Legal aspects
Should I make the users to accept something like this so they are aware that nobody from Firelabs can move their funds? It could add some friction but it would be really helpful probably so in the way we can avoid users to be scammed by some "smarty" guy. Here we can see a disclaimer of https://quickswap.exchange/#/ even after the user can see anything about the website and here are the legal terms:
Use cases
👨🍳 Trader registration
Given I am an user
When I enable my account as a trader account
Then I will be able to do swaps