Big questions, short answers

Defi Pool is a DEX that is here to stay and take you on a swim. We believe in continuous improvement over time, fair game, and the power of decentralization. We launched the core solution in Q2 2022, but we have been continuously implementing the improvements in relation to tokenomics, additional features, visual elements and so on. Now we have quite a plan for the next several months, which you can check out  here .

In the meantime, while we work on automating this process, please follow this logic:

Stake your $DFP->Receive $DFPvote as a receipt-> Unstake your $DFP, and the $SPLAHIEs will be returned automatically. Please, note that you cannot simply stake the received $SPLAHIE. If you want to continue participating in other pools, you must first unstake the $DFP correctly.

How to provide initial liquidity for a new pair?Since Defi Pool is a relatively new space, it is possible you stumble upon providing the very first liquidity for the pool of a tokens pair that hasn’t been yet added. In cases like this there is an approximate equation that should be kept in mind: Token A * Token B >= 1000 (amount-wise, not the price of those tokens).

There are two possible reasons why a transaction might fail. The first one is easy to unfold as it is possible there is no such token in the pool yet (we have Info and Analytics section available so you can explore all the depths of our pool).

Secondly, as you might know, all the Defi applications interact with the wallets to complete on-chain transactions for swapping, creating LPs, staking, etc. Hence, the first step is to make sure you have enough BNB to pay for the gas fee of the on-chain transactions. Gas fee usually fluctuates depending on the number of transactions in the queue, if there are more transactions, a higher gas fee may be required to push through the transaction. On BNB Smart Chain, the gas fee typically ranges from cents to a dollar USD in BNB.

Finally, if the transition still fails and shows the error you might want to revise the slippage, whether the tokens you are trying to swap are anyhow restricted or have fees. It is uncommon for tokens on BNB Smart Chain to include a transaction fee in their contracts but if it happens usually it is meant for sending that extra tax on each token to a burn address which potentially increases that token’s value. With the transaction fee, whether it is inclusive (a portion of the swap amount is sent elsewhere than your address, so the output is less than expected for the estimated input) or exclusive (requiring an additional transfer from your address to send extra tokens so the input is more than expected for the estimated output), it affects the input and output amount that you agree for signing the transaction. Before you swap any unfamiliar tokens, make sure you have visited their website to understand if they have a transaction fee mechanism (or tax as they call it). If there is, your slippage should be set sufficiently enough to cover the transaction fee (for instance, if there is a transaction fee of 5%, your slippage will have to be set as minimum 5% plus the normal trading slippage depending on your trading amount and the token's liquidity, say 5.5%).

The AirDrops will be mainly announced on our Discord and Twitter, please, join the communities to not miss out!