How to start using DIPX?
DIPX Instruction-Simple and Easy
Before using DIPX, You will need:
Web3 wallet (e.g. MetaMask).
ETH for gas and any asset to trade on the Arbitrum, Polygon and Optimism on layer 2 networks.
Start trading!
Step 1. Choose the role of participators.
There are 2 kinds of participators: Liquidity providers and Traders. You can choose to be only Liquidity providers or both of them, if you choose to be a Trader, you must be a Liquidity provider first.
What's different between these two roles? please refer to How does DIPX works?
Step 2. To be a Liquidity provider
To be a Liquidity provider, on the page of Pools, click + New Pools.
Choose Select Token and Deposite Amount before connecting your wallet, then Add Liquidity.
Step 3. To be a Trader
Firstly choose which Price Index you will trade, currently, there are two options: ETH/USD and BTC/ USD.then follow the instruction as follow 1,2,3,4,5,6,7, choose long or short, what kind of assets to Ρay, and the amount with the leverage number before confirming to connect your wallet to execute your order. You may check your order execution statutes in "orders", and execution histories in "logs". The outstanding positions will list in "Ρositions". If you would like to adjust your positions you may click the "✏️", and close your positions to click "Close".
In one word, if you are only the DLP or SLP-xxx holder, you are a liquidity provider, if you use the tokens of DLP or SLP-xxx to trade price indexes, you are a trader. If you propose to be a trader, you come to be a liquidity provider first is a must, but it's unnecessary on the verse.
Last updated
