Swap tokens
(Created page with "'''swap tokens''' is a command that swaps an amount of one token for another using a decentralized exchange (DEX). This command is vital for operations dealing with DeFi, whe...") |
Revision as of 16:35, 4 July 2023
swap tokens is a command that swaps an amount of one token for another using a decentralized exchange (DEX).
This command is vital for operations dealing with DeFi, where token swaps happen frequently.
Parameters
Exchange: The decentralized exchange where the token swap will occur.
Token In ID: The input token that will be swapped out.
Token Out ID: The output token that will be received from the swap.
Amount: The amount of the input token to be swapped.
Transaction Info Variable: (Advanced, optional) The variable name where transaction information will be stored. The default value is '#txinfo'.
Example
swap tokens("Uniswap", "ETH", "DAI", "1")
In the example above, the 'swap tokens' command swaps 1 ETH to DAI on the Uniswap network.
Post-Run
After running this command, RecordTxData will be executed to record transaction data.
- Please note:**
Before swapping tokens, ensure you have sufficient balance and approved the DEX to interact with your tokens. Swapping tokens will also incur a gas fee, so ensure you have enough balance of the chain's native token (e.g., ETH for Ethereum-based chains, BNB for Binance Smart Chain, and so on).