How To Do It?

Trader

All traders need to deposit crypto assets to your wallet and enter BoostSwap DAPP through your wallet, and start Swap. Appropriate leverage are available for selection according to your own risk control. In the early stage, we support leverage selection from 1x to 5x and there are two assets for selection to long/short.

The smart contract will automatically borrows assets with the set leverage from Trust Pool, trader can click "Swap" directly and then go to PancakeSwap for trading. In the Record page, you can increase Margin or close Position. At the same time, you can view the amount of tokens borrowed, the loan interest generated, the amount of margin, liquidation price and the income data in the Record page

Depositor

All depositors need to deposit some assets in the wallet and then enter BoostSwap DAPP You should enter the Trust to select the deposited asset, and then click "Deposit”.

After you enter the deposit amount , you can view the cumulative income and annualized income for different assets rate. Meanwhile, it's convenient and fast, so you can deposit and withdraw at any time.

Liquidator

BoostSwap allows anyone to send clearing transactions to smart contract. After the smart contract check the specific transaction in complies with the clearing rules, it will close the transaction immediately. The remaining margin is charged for a certain liquidation fee and it will pay to the liquidator directly. Different asset liquidation fees are different.

Traders use the swap function to conduct leveraged transactions. Depositors use the trust function to deposit tokens and earn interest. When the margin is insufficient, there will be a liquidation risk. The liquidation threshold and liquidation rewards for different digital assets are different. The liquidation rewards for specific assets will be announced after they are launched, and all steps will be executed on chain.