summary
- Future swaps are on-chain swap contracts that hold the value of a dToken within a range of plus and minus five percent of the Oracle price.
- Future swaps can be used to buy dTokens with DUSD at a fixed price of plus five percent to the Oracle price or sell dTokens against USD at a fixed price of minus five percent to the Oracle price.
- To identify viable tokens for profitable future swap trades, check the premium/discount of D tokens on the dStocks Quick Check page or use the my default chain API database.
- The current Oracle prices of dTokens are updated regularly, and the future swap execution prices determine the profitability of the trade.
- To execute a profitable trade, select dTokens that are currently above five percent discount or premium, considering additional swap and slippage fees.
- The next settlement block for future swaps can be checked in the light wallet or the my default chain API.
- For buying dTokens at a discount, select the token with the highest discount (e.g., Amazon), set a low slippage percentage, and swap the desired amount of DUSD for the token.
- Once acquired, the DdTokens should be placed into the future swap contract by selecting the token in the Swap section and clicking on “Max” to trade the entire amount.
- Selling dTokens and buying them back through the future swap can be done by borrowing the desired token, swapping it for DUSD, and then swapping it back via the future swap.
- When executing future swaps, it’s recommended to start with smaller volumes and calculate the profit made to understand how the future swap works.
- Always check the current premiums/discounts of dTokens and the fixed interval prices using the my default chain API to ensure accurate execution of future swaps.
- Future swap trades typically execute within a short period, after which the DUSD or dTokens will be returned to your wallet.
- Active future swap trades can be monitored in the future swap section of the wallet, displaying the remaining time until execution.
- The video description includes relevant links to check active dToken premiums/discounts and the my default chain API for future swap price information.
