Covenant
Covenant
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  • Covenant Liquid
    • Introduction
    • User guide
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        • Swap
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        • Redeem
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  • Covenant V1
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    • User App
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  1. Covenant Liquid
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Swap

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Last updated 1 month ago

The swap panel allows users to swap between the base asset, the leverage-coin (aXXX) and the yield-coin (zXXX). Dropdowns allow users to choose the direction of swap and enter an amount to be swapped. Estimated swap outputs and swap price are shown before swapping.

If a user wants leverage-coins or yield-coins directly, there is no need to mint and then swap - users can direclty swap base assets for leverage- or yield-coins in the Swap panel. In a similar way, users can redeem their leverge- and yield-coins for base assets in the Swap panel.