Performing a Swap

Set swap parameters

In the section labeled "FROM", select the asset to be used for the purchase. To the right there are several buttons labeled with percentages ranging from 25% to 100%. These act as a quick select option for choosing how much of the selected asset will be swapped. If the preset options aren't sufficient, a custom amount of the "sale" token can be entered in the appropriate field.

In the section labeled "TO", the user selects the token to receive in return. Once this is selected, the router will begin searching the dexes for an optimal swap route. It will be apparent that a solution has been found, when the amount of the "purchase" token auto-fills. As an alternative, the user can manually enter an amount of the "purchase" token, and the amount of the "sale" token will auto-populate to the appropriate amount. To see the actual route that will be used to perform the swap, click on the yellow bar at the bottom of the page that says "Summary of the swap" to expand the information window. In the case that a single pool swap yields the best results, no fees will need to be assessed by the CompX router, because it hasn't added any value to the swap. The only fees will be Algorand network fees. If dex routing is being used, the 0.02% fee will be charged to perform the swap. Fees are included in the routing cost calculation.

Performing the swap

Below the now expanded information window, is the swap button. A pop up window titled "Confirm Transaction" will pop up and summarize the process. After reviewing the swap, tap or click the swap button. A pop up window will appear outlining the swap process.

Swap confirmation pop up window

If the token that's being received hasn't been opted into in the users wallet, the first step will be to perform that opt-in. To opt in, click "Sign Transactions" and sign the transaction with the wallet of your choice. After that's completed the GUI will advance to the actual swap. If the asset is already opted in, it will progress automatically to the "Swap" step. To complete the swap press "Sign Transactions" again and sign the prepared transaction. The GUI will then move to "Completed" after the swap finalizes on chain. You should be alerted to the sold assets leaving your wallet, and the new bought asset arriving in your wallet.