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Not many people know this, but there’s a lot of functionality across different projects on Waves, capable of elevating your experience as a Waves Ducks player and bringing in extra coin with virtually no effort. Allow us to show you around the opportunities scattered all over the ecosystem and possibly, encourage you to become a part of the global Waves community.
Waves Exchange is the ecosystem’s own DEX serving as a starting point for crypto traders and investors alike. The best thing of all is that if you play Waves Ducks, you already have a WX account, and all that is left is just logging in. Here’s what you can do:
Swop.fi is a service allowing users to exchange cryptocurrencies instantly, while providing solid investment opportunities:
Besides earning opportunities, you can instantly exchange EGG for other tokens without placing sell orders on the exchange. Just go to this page and choose the currencies you wish to swap.
Keeper is a very useful browser extension that lets you connect to many services and dApps on Waves. It also takes care of user security, as it stores your private keys locally, so there’s no way to lose access to your account if you have the keys.
Refer to the official documentation for more details.
Tsunami allows you to trade on margin with EGG and most importantly, gives an exclusive opportunity to hedge your risks! Profit/loss from a trading operation depends on leverage. So, how does this work?
Let’s say you have 100 USDN, and you wish to buy EGG as you are certain its price will grow and you will be able to sell it later for profit. Buying 5 EGGs at 20 USDN each now and selling them at $25 will net you a profit of 25 USDN.
With Tsunami, you can multiply this amount with the same 100 USDN at the cost of increasing risks in case the price goes down. If you buy EGG with 3x leverage, this means that you buy $300 worth of EGG for the same 100 USDT. If the EGG price goes up by $5, you will be able to collect 75 USDT as profit (minus the fee). However, if the price goes down and the momentary loss is greater than $100, your entire position will be liquidated. High risk, high reward.
Puzzle Swap offers unique investing opportunities with its Mega pools. Unlike regular pools containing only 2 assets, Mega pools can hold up to 10! Users can also create custom pools with their own rules and attract liquidity there. Waves Ducks players will feel right at home, since many of the Mega pools feature collective farm share tokens, which can be found only on Puzzle Swap.
Just like with other pools, you can provide liquidity to mega pools and receive passive income based on the transactions performed within. Go to this page and search by the Waves Ducks category to see all the pools involving EGG or Collective Farm tokens.
Puzzle Swap includes an instant swap service which is by far the best place in the entire ecosystem to buy or sell Collective Farm tokens as well as many other coins. And don’t forget to make use of the Puzzle NFT marketplace, where you can trade ducks or a bunch of other NFT collections.
There are tons of neat new mechanics in store for our players, so we will keep you posted on all the Waves Ducks Hunt updates. Join our community on Twitter and Telegram to stay tuned!
Using the Waves Ecosystem as a Waves Ducks Player was originally published in Waves Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
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