Instant Swap

Odysphere offers an internal instant swap feature, allowing users to seamlessly convert between supported token pairs directly on the Odysphere RollApp.

Main Purpose and User Experience Enhancement The Instant Swap feature serves a crucial purpose, particularly for users managing vaults and borrowing OUSD. Simplified Vault Management: The Instant Swap feature streamlines the process of closing vaults and repaying borrowed OUSD with accrued interest. Users can now easily acquire the necessary OUSD directly on the Odysphere RollApp, eliminating the need for multiple transfers between Dymension hub and Odysphere.

Cost-Effective: By reducing the number of transactions and cross-chain transfers, the Instant Swap feature significantly lowers the overall cost for users.

Current Supported Pair

• DYM <> OUSD

Fee Structure

• Total fee: 0.3%

  • 0.15% to Liquidity Providers (LP)

  • 0.15% to the protocol

Future Plans

• Additional token pairs will be considered and potentially incentivized

• Continuous expansion of swap capabilities based on community needs and ecosystem growth