❓FAQ

Last Updated: Aug 11, 2024

Where can I find the RoadMap?

The RoadMap is still under development and will be released here in the future.

Which wallets does UTXOSwap support?

At launch, UTXOSwap will support OKX, JoyID, and Unisat wallets. More wallets will be added based on community feedback in the future.

How are fees structured on UTXOSwap?

Transaction fees on UTXOSwap will vary depending on the liquidity pool. Currently, the platform has set several fee tiers: 0.01%, 0.3%, 1%. Most of the fees go to Liquidity Providers (LP), and the left will go to the protocol platform.

Which tokens does UTXOSwap support for trading?

This depends on which trading pairs are created in the liquidity pools. Currently, the platform supports assets from the RGB++ protocol and the CKB ecosystem, with plans to expand support to other BTC ecosystem assets like BRC20, Runes in the future.

Does UTXOSwap have plans for issuing tokens?

Plans regarding rewards for liquidity providers and the issuance of platform tokens are still under discussion. UTXOSwap's goal is to make sure all seagulls get their fries! 🍟

What token is used to pay gas fees?

UTXOSwap settles gas fees in CKB. However, users can pay with any token seamlessly, and UTXOSwap will automatically convert the token and assist users in paying gas fees or creating new cells.

Can DOB in the RGB++ protocol be traded?

UTXOSwap currently does not support trading DOB.

Are the funds in the pools held by third-party market makers?

UTXOSwap is controlled by smart contracts and is completely non-custodial, similar to AMMs on Ethereum.

Why did my swap fail?

Swap may fail if the slippage set by the user cannot meet the current trading demands. Users can try resetting the slippage.

Where can I view my LP earnings?

Once the product is launched, you can view your earnings on the Liquidity page.

Who controls the Aggregator?

The Aggregator collects all users' trading intents, searches for on-chain and off-chain liquidity resources, and matches intents. Initially controlled by UTXOSwap, it will transition to multisig in the future, with consideration for developing into a POS network based on UTXO stack.

xUDT occupy CKB cells.Will the occupied CKB be transferred together during the swap?

No. When trading xUDT, only xUDT itself is involved. All temporarily occupied CKB will be returned to the user after the transaction is completed.

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