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Terms for Swap
Users can specify the range of damages that may be caused by the difference between the expected price of the token and the real-time price. If the difference exceeds the tolerance range, the transaction will be reverted. Everdex's standard slippage tolerance(auto) is 1%.
Users can specify the maximum transaction time they can tolerate. Transactions that exceed that deadline will be invalidated. It applies only during token exchange and does not apply during network change.
Changes in token prices caused by users’ transactions. These price impacts keep changing depending on the ratio of the tokens and the size of liquidity in the pool. The lower the liquidity of the pool, the greater the impact on the transaction price. Therefore, users need to be cautious of trading with a high price impact as you may receive a worse overall price with the greater impact.