First time buying(swapping) via Diesel Pools!

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In all honesty I still don't fully understand how Liquidity Pools work. I do have a rough general idea about how they work after trying out some Liquidity Pools these past few weeks but if someone asks me 'What's the difference between Liquidity Pools vs blah blah" and/or 'How is the market price determined on pools?" yeah I would still need some research on that. XD

I do think that what I already know about Liquidtity Pools is enough to at least try out first-hand TribalDex's Diesel Pools. https://tribaldex.com/dieselpools/ .

Since I've heard about this from @neoxian himself from The City of Neoxian and since I also need some liquid NEOXAG today, I decided to have my first buy/swap to be NEOXAG.


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For 10 HIVE one could get 4698 NEOXAG. I did check on Hive-Engine how much would I need for the same amount of liquid NEOXAG I am getting on the Diesel Pool and it's surprisingly cheaper. I saved 1 HIVE!


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One thing I could not get though is the Slippage. I have set it first at the default value of 0.5% and got the following error.


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Set it at a slightly higher one at 1% and still got the same error. Set it at 5% still error, set it at 0.01% still error, set it at 50% still error and finally I set it at 49% and the transaction finally went through and got my 4698 NEOXAG.



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I did check on Hive-Engine how much would I need for the same amount of liquid NEOXAG I am getting on the Diesel Pool and it's surprisingly cheaper.

That's interesting to hear. I hadn't thought of using diesel pools to swap Hive but I'll check it out next time.

One thing I could not get though is the Slippage.

I don't get this either but I think I read somewhere that it's so high on diesel pools because there isn't much liquidity. I suppose it doesn't matter if you're still getting a bigger deal than you would on Hive Engine.

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