KLAYswap
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English
  • Introduction
  • Protocol Overview
  • Core Concept
  • KLAYswap Advantages
  • Risk & Security
  • Privacy Policy
  • Audit
  • TOKENOMICS
    • KSP
      • KSP TOKENOMICS
      • Automation of KSP distribution rate
        • Voting policy on passing governance
        • KSP distribution ratio reflection policy
      • KSP Allocation
  • PRODUCT
    • SWAP
    • Single-side Deposit
      • Detailed policy of Single Deposit
    • Pair Deposit
    • V3 Pair Deposit
      • V2 to V3 Migration
        • V2 to V3 Migration Guide
        • V2 to V3 Migration Policy
      • V3 Pair Deposit
        • V3 Deposit Guide
        • V3 pair Deposit Policy
      • V3 to V3 Migration
        • V3 to V3 Migration Guide
        • V3 to V3 Migration Policy
      • V3 Pair Withdraw
        • V3 Withdraw Guide
        • V3 Withdraw Policy
    • Plus Deposit
      • Detailed policy of Plus Deposit
    • Long/Short Position Deposit
      • Open and Close Long/Short Positions
        • Open Short Positions
        • Open Long Positions
        • Remove Long Position
        • Remove Short Position
      • Position Deposit Details Policy
    • KSP Staking & Voting
      • Staking, Pool Voting Policy
    • Governance
      • Governance Voting Policy
    • Drops
    • Ecopot
    • Pool Airdrop
    • APR & APY
      • TVL
      • Pool
      • Staking
    • Interest rate
  • DEVELOPERS
    • Contract
      • Factory
      • Exchange
      • PoolVoting
      • VotingKSP
      • Treasury
      • Distribution
      • Governor
      • SinglePool
      • SinglePool Factory
      • PlusPool
      • PlusPool Factory
      • Store
      • Utils
      • Single/Plus Utils
      • Helper
      • EcoPotVoting
      • EcoPot
      • V3
        • V3Factory
        • V3Pool
        • NonfungiblePositionManager
        • NonfungibleTokenPositionDescriptor
        • V3SwapRouter
        • V3Migrator
        • V3Estimator
        • PositionMigrator
        • V3Treasury
        • V3AirdropOperator
        • UniversalRouter
    • Airdrop
      • Set Airdrop Operator
      • Start Airdrop
    • EcoPot
      • Set EcoPot
      • Start EcoPot
  • HOW-TO GUIDES
    • KLAYswap Guide
    • How to add liquidity on KLAYswap
    • [Burrito Wallet] How to deposit assets using mobile devices?
    • How to create a liquidity pool on KLAYswap
    • How to stake and vote on KLAYswap
    • How to deposit assets
      • Deposit Klaytn-based assets
      • Deposit Ethereum-based assets
      • Deposit XRP
    • FAQ
  • KLAYswap
  • Orbit Bridge
  • KLAYswap git
  • Orbit Bridge git
  • KLAYswap audit report
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  1. PRODUCT
  2. V3 Pair Deposit
  3. V3 to V3 Migration

V3 to V3 Migration Policy

PreviousV3 to V3 Migration GuideNextV3 Pair Withdraw

Last updated 1 year ago

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1) KLAYswap's migration function usually goes through the following steps:

Approve (assets approval) - Withdraw the assets in the previous price range - Swap assets - Deposit assets in a new price range.

2) To withdraw assets, users must have LP NFT assets corresponding to the deposit certificate in their wallets, and the NFT asset approval transaction must be completed. Transaction fees are incurred on the Klaytn chain when a transaction is executed. The wallet owner has the right to transfer LP NFT assets, so if the asset is transferred to another wallet, withdrawal is not possible.

3) During the withdrawal process, the difference between the price at the time of deposit and withdrawal may result in asset loss.

5) For withdrawn assets, the smart contract automatically swaps and deposits the assets at the optimal rate based on the pool exchange rate for the user's chosen price range. When a swap is required, the V2 and V3 pools are used as swap routes and transaction fees are incurred. Each pool has its transaction fee rate.

6) Pair deposits are made after swap fees are subtracted. When swapping, the larger the transaction size (quantity), the greater the effect on the exchange rate between tokens in the pool, resulting in a difference between the current price and the price applied at the time of the exchange (price impact). Multiple runs in small quantities can reduce the impact.

7) Depending on the transaction size, there may be a price difference (Price impact) at the time of exchange, so the expected exchange rate at the time of deposit may not match the actual exchange rate. For this reason, deposits are only made within the transaction range (Slippage) set at the time of the swap, and if the range is exceeded, the deposit transaction may be reverted (Revert). Proceed with the deposit after checking all the information on estimated returns at the bottom.

8)Some assets (wei) may remain after depositing to the V3 pool, and the remainder will be automatically returned to the user's wallet.

4) Due to balance changes at the time of withdrawal, asset composition ratios and values are subject to change (see ), and all rewards (transaction fee profits, KSP, airdrop tokens, etc.) distributed up to that point will be automatically credited to user's wallet.

detailed policy on V3 pair deposit