Swapping Tokens

Overview

OISY Wallet features a built-in decentralized swap function, allowing users to exchange assets directly within the wallet.

To swap tokens:

  1. Click the “Swap” button below your available balance.

  2. Select the tokens you wish to swap in the “You Pay” and “You Receive” dropdown menus.

  3. Enter the amount for the swap.

    1. The "You receive" field now also shows the expected amount of tokens and their value in your currency.

    2. Additionally, it also shows the difference in value between the amount sent and the amount expected to receive. Often this value is slightly lower, because a swap involves some transactions to be executed, and some fee for the provider of the liquid assets required.

  4. Adjust or confirm the Max Slippage Rate (if applicable).

  5. Change the suggested swap provider if desired. *Note: OISY always suggests the provider with the highest receive amount.

  6. Click “Review Swap” to verify transaction details.

  7. If all values are correct, click “Swap Now” to execute the swap transaction.

Swaps are executed through on-chain liquidity pools, ensuring full decentralization and provable fairness.

Manually withdraw Funds from ICPSwap

When using ICPSwap as swap provider, there is a very small chance that in case the swap fails, the funds can not get automatically withdrawn by OISY and must be withdrawn manually via their web app. Note that usually when a swap fails, OISY automatically withdraws the funds sent for the swap back into your wallet.

The section below describes how a user can manually withdraw them anytime later.

Note that these funds are always under your control and can always be accessed on ICPSwap anytime later by connecting OISY.

Swap failed and the fund could not be withdrawn

When the swap failed and the funds could not get withdrawn, the swap review modal will show this message:

Go to the ICPSwap website

Clicking the link to ICPSwap brings you to their website. Or you can access the website directly: https://app.icpswap.com/swap

Note: It's important that the same swap "Pair" (e.g ICP and PANDA) is selected on their website. Otherwise the blocked tokens are not visible. Using the provided link at the end of the message in OISY selects this pair automatically.

Their website should now look something like this

Connect OISY

Now you have to connect your OISY wallet to the website, in order to have access to your funds that are still 'parked' on ICPSwap.

Click the "Connect wallet" on top right and select OISY Wallet in the wallet selection.

A confirmation popup will show (ensure that you allow popups from the ICPSwap website) where you have to confirm that the website is allowed see your wallet's address:

After the confirmation, the site will show as connected (see top right), and you can see the amount you sent for the swap on the main form together with a "Withdraw" option:

Withdraw the assets

Clicking the "Withdraw" will show a confirmation dialog.

Approving it will then send those tokens back to your wallet and show a confirmation in ICPSwap

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