DefySwap
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FAQ
Answering as many questions as possible!

Most Common Troubleshooting Solutions

  1. 1.
    Try press CTRL+SHIFT+R for a quick reload
  2. 2.
    Attempt a hard refresh through clearing your cache and refreshing your browser tab
  3. 3.
    If you are using mobile - try switching to your desktop PC
  4. 4.
    Try a browser switch - Brave, Chrome and Firefox all generally hold up well
  5. 5.
    Ensure you are properly connected to/switched back to the Fantom Opera network on your wallet. If you are looking to bridge your funds from an alternative chain, ensure you are connected to the chain you are looking to bridge from.
  6. 6.
    Ensure your wallet is properly connected to the defyswap.finance website (or whichever website you are attempting to interact with).

What's the difference between DEFY and DFY?

The DFY token is the inherent and primary native token of the DefySwap ecosystem. It will be the main focus and the main priority long term. That said, the DEFY token was created as a means to assist in the bridging of our original sister site and proving ground for the big DefySwap project stage. The DEFY token was originally whitelisted as a FTM version for our OGs from defy.farm to join on us the next phase of our adventure!

INSUFFICIENT OUTPUT ERROR Buy/Sell DFY

This is 9 times out of 10 a slippage issue. Most likely you have your slippage set to low. Try setting your slippage to at least 5%. If you encounter the error again, things may be more volatile currently and 6-7% may serve you better.

Why Is 5-7% Slippage Necessary?

DFY is a taxed token at a rate of 4.9%. The reason for 4.9 is so you have a chance to trade with 5% slippage (4.9 to encompass the tax and 0.1 to encompass regular slippage). However, if times are more volatile it may require a higher slippage to process.

How Do I Join Pools?

If you would like to get into a pool and stake your funds in order to earn a yield. To earn yield from a solo stake (or pool) - Purchase the token which you would like to stake/pool and head over to the Pools Page and enjoy the stated APR as a yield payout with no risk of Impermanent Loss.

How Do I Go About Farming (LP Pairing)

  1. 1.
    Head over to the Farms Page section of the defyswap.finance website and take a look at the different pairs you might be interested in providing liquidity for.
  2. 2.
    Once you have decided on the pairing you'd like - head over to the Liquidity Page or <<zapper - To Be Developed>> and choose the two tokens.
  3. 3.
    Input equivalent values of each token and submit the transaction
  4. 4.
    Upon completion of the transaction - You will receive the LP for the applicable token (depending on the pair the matching STUBs as well)
  5. 5.
    Head back over to the Farms Page section of defyswap.finance and approve the spending of your LP token pair and deposit
  6. 6.
    Get juicy APR!

How Do I Go About Removing My LP From The Farm?

  1. 1.
    Go to the applicable Farms Page in which your two tokens you had paired are located
  2. 2.
    Interact with the farm and withdraw your LP Tokens
  3. 3.
    Head over to the Liquidity Page and it will automatically scan for your current liquidity you have provided. If for some reason it doesn't detect your liquidity - Don't fret! Simply Click, "Import" and choose the two tokens from the list in which you have liquidity and this will manually import them for you.
  4. 4.
    Once you have your pairing targeted, click approve for the amount you wish to withdraw and then withdraw.

I Provided 50/50 Value To Make LP & Now It's Skewed & Unequal On Breaking

What Is Impermanent Loss?

If you’ve been involved with DeFi at all, you have almost certainly heard this term thrown around. Impermanent loss happens when the price of your tokens changes compared to when you originally deposited them in the pool. The larger the change is, the bigger the loss.
Impermanent loss happens when you provide liquidity to a liquidity pool, and the price of your deposited assets changes compared to when you deposited them. The bigger this change is, the more you are exposed to impermanent loss. In this case, the loss means less dollar value at the time of withdrawal than at the time of deposit.
Pools that contain assets that remain in a relatively small price range will be less exposed to impermanent loss. Stablecoins or different wrapped versions of a coin, for example, will stay in a relatively contained price range. In this case, there’s a smaller risk of impermanent loss for liquidity providers (LPs).

Why Is My Transaction Failing?

Check the TX on https://ftmscan.com
If you are trading a token which is taxable (ie $DFY) please ensure you are leaving enough allowance for taxable tokens PLUS slight slippage
Other messages received are most likely related to a problem with Fantom Opera.

My Transaction Is Stuck As "Pending"

If hitting "cancel" in the "Activities" tap isn't working, you can try the below option. It basically overwrites the previous one with another buy using the same "nonce", which is like a file name: 1. On Metamask, click on the circle icon on the top right, and go to Settings > Advanced 2. Scroll down to find "Advanced gas control" and "Customize transaction nonce". and make sure they are both ON
3. Back in the main interface, find your target "pending" transaction in the "Activities". Take note of the "Nonce" number, we'll use this later to find the transaction again.
4. Make a new transaction to replace it, but this time with increased Gas Price to raise the probability of the transaction going through.
5. On the confirmation step, put in the Nonce number that you took good notes of in step 3, and hit Confirm
6. Your new transaction should be queued in the Activities

The Faucet Won't Drip/Withdraw For Me

If you have referenced our guide on utilizing the faucet and have completed the steps;
Then the next best suggestion is most likely related to the traffic the faucet is receiving. Have patience and reattempt your transaction (whether it be withdrawal or dripping Fantom) in a few minutes.

What Is The Maximum Supply Of $DFY?

The Maximum supply of $DFY is 10 million and you can see a full breakdown on how things work with our tokenomics over here;

My Limit Order Won't Cancel

When in doubt there is one main step that will make your life a lot easier that's akin to the idea of turning it off and turning it back on again;
  1. 1.
    Clear your COOKIES/CACHE and reload the page
  2. 2.
    If you don't see the order anymore then it has successfully canceled but the beauty of the blockchain is you can always reference your wallet to ensure nothing has gone through
  3. 3.
    Sometimes you can get away with the quick and easy CTRL+SHIFT+R for a hard reload which will cause the site to reload all its resources once again as it clears the cache pre-refreshing