You already hear about SudoSwap Like that GOAT Swap is a permissionless NFT AMM swap on Solana, You can buy, sell and create single side pool or both side pool to buy, sell whatever you like goat 🐐
How to use this ?
If you are not familiar with How NFT AMM work, I guide you :
Set Up a wallet first
Download solana blockchain based Phantom Wallet and fund your wallet with sol ( If you don’t have, buy from any of them exchange )
BUY NFT
Open https://goatswap.xyz and click on “Connect wallet”
Go to the collections page and select a collection.
1.
Click “Buy now” then confirm transection , yup! you successfully bought a NFT 🐐
Buy NFT by creating a pool
Select A collections you want to buy ( Goat swap support metaplex verified collection )
I have seleceted “CatchKing Items” collections becouase i can easily play with it
2. Click on “Create a pool to buy, sell or trade NFTs”
3. Enter Amount of NFT, price and dectease price by sol
delta = it means if the pool buys first NFT the price to buy another will decrease by delta price that you entered and opposite when you selling
4. Then click “Create pool” and confirm transection ( Your pool will buy NFTs automatically when somebody sell at 0.015 sol)
Sell NFT by creating a pool
You can sell to an existing pool like we did in buy
Select collections of NFT you want to sell ( if not showing in list click on “your NFT” )
Select NFT then click “Create a pool to buy, sell, or trade NFTs”
3. Type start price, increase price by (sol) and select NFT that you want to sell
4. Click “Create pool” then confirm popup transection
Create Two Sided pool to earn trading fees
Go to collections or Your NFT
Select collection and Click “create a pool to buy, sell or trade NFTs”
Click “Do both and earn trading fees”
Type amount of NFT , Price, DELTA , fees and select how many NFTs you want to sell fees: the percentage fee you want to take on every trade that uses your pool
5. Click “Create Pool” and confirm popup transection
Your NFT and tokens will trade automatically, Pools use a bonding curve to determine the relative price at which one asset is traded for another. The more an asset is bought from the pool, the more expensive it becomes. Conversely, the more an asset is sold to the pool, the cheaper it becomes. you know how AMM work!
How to Deposit/withdraw NFT or SOL from pool
Go to your pool
2. Select your Pool and Deposit/withdraw sol or NFTs
Thanks for Reading This
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SudoSwap have $sudo, GoatSwap have $GOAT ?
