🆕 New Trading Tool: TWAP!
🆕 New Trading Tool: TWAP!
What is it and how does it work? 😾
TWAP (Time-Weighted Average Price) is an algorithmic order execution strategy that splits a large order into equal parts and executes them at regular intervals over time.
How it works:
-
Visit the website: Go to https://twaps.tonde.fi.
-
Set parameters: Adjust the necessary settings for your order.
-
Deposit gas: Add gas for all swaps (unused gas will be refunded).
-
Start the task: Once everything is set, initiate the task. Done!
Key benefits:
— Minimized market impact:
Buy during price dips or sell during price rises without heavily affecting the order book.
— Automated execution:
What you used to do manually can now be fully automated.
TWAP can be:
Your personal market maker, managing trades efficiently.
A DCA (Dollar-Cost Averaging) algorithm for your investment strategy.
Why use TWAP?💰
Convenient: Automates your trading strategy, saving time and effort.
Cost-effective: Helps you minimize trading costs and market impact.
RU version post