OTC Manual
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New OTC deals are entered on the screen. The following fields are mandatory to create a deal:
Sale Token: The type of ERC20 token you wish to sell (DARK, WETH, USDC, etc.)
Wanted Token: The type of ERC20 token you wish to purchase
Deal Balance: The quantity of the Sale Token you wish to sell
Wanted Balance: The TOTAL quantity of the Wanted Token desired in exchange for the Deal Balance
The following fields are optional for deal creation! If you do not enter them, the system will proceed with default values, which will allow a buyer to purchase any amount and percentage of the deal.
Min Buy %: The minimum percentage of your deal that each buyer can purchase
Max Buy %: The maximum percentage of your deal that each buyer can purchase
Min Buy Absolute: The minimum absolute number of tokens that each buyer can purchase
Max Buy Absolute: The maximum absolute number of tokens that each buyer can purchase
After the mandatory values have been filled, the deal tokens must be approved by pressing the "Approve" button on the lower left and confirming in your wallet.
Once the deal tokens have been approved with all mandatory values entered, the deal can be created by pressing "Create Deal" and confirming in your wallet.
You can see all of the active OTC deals initiated by your account on the OTC Account Deals page.
Filter deals: If desired, you may filter your deals by the quantity or price of the sale token in the deal, or by the sale or purchase token.
Hide empty deals: You may check this box to hide deals with no remaining coins for sale.
You may click one of the rows showing your account's deals to see the OTC Deal Update screen.
You may maintain, modify, or withdraw any of your account's deals in progress using the OTC Deal Update screen.
Update Deal Config: These fields update the values that were optional on deal creation.
Top up this deal: You can add more sale tokens to the deal at the same price.
Update Price: You can update the price, but you can only reduce it! If you want to set a higher price, you have to create a new deal.
Withdraw Deal: Click the trash can icon to cancel a current deal completely.
Only your account's deals appear on the OTC Account Deals page, and by default, only other accounts' deals appear on the OTC Deal Exchange page.
You may view and select from available deals to purchase on the OTC Deal Exchange page.
Filter deals: If desired, you may filter your deals by the quantity or price of the sale token in the deal, or by the sale or purchase token.
Include my deals: You may check this box if you wish to see your own account's deals in the list.
Seller Account: The account selling the tokens
Sale Token: The token on offer
Sale Balance: The amount of tokens available in the deal
Wanted Token: The deal's payment token
Wanted/Sale Price: the price of the deal: the number of Wanted Token paid per Sale Token
You may click a deal to see purchasing options on the OTC Deal Purchase screen.
You may execute buys of open deals on the OTC Deal Purchase screen.
Make sure you are buying the correct tokens by reviewing the contents of the top panel
Check the Sale Balance and Price per sale token
Use the slider or the Amount field to enter the quantity of Sale Token to buy
Approve the purchase token using the bottom-left "Approve" button
Choose to buy the selected amount using the bottom-right "Buy" button
Confirm the transaction in your wallet to purchase the tokens
When the transaction is successfully confirmed on the blockchain, you will then have the purchased tokens in your wallet. You are done!
