Transaction Failed
Last updated
Last updated
Transaction errors are usually on the SWAP process, most often they are associated with a low Slippage Tolerance value. App notifies "Reverted"
Solution - increase Slippage Tolerance percentage.
Slippage tolerance is a setting for the amount of price slippage you are willing to accept for a trade. By setting slippage tolerance, you basically setting a minimum amount on how many tokens you will accept, in the event that the price increases or decreases.
By default, the value is 5% for swap. The smaller the ratio of the swap amount to the pool size, the lower the percentage of Slippage Tolerance.
Slippage Tolerance is only important for working with the swap function. Its value can be ignored when working with liquidity.
We do not recommend using a Slippage Tolerance value of more than 5%. Perhaps the size of the pool does not allow for the exchange due to the large amount. We recommend splitting it into parts or write to us in the group Telegram Group.