Trading on Mage Labs
How to Swap Tokens
- Select Tokens: Choose the token you want to trade from and the one you want to receive.
- Set Amount: Enter the amount you wish to trade, considering slippage and price impact.
- Execute Swap: Confirm the transaction via your wallet.
Optimized Lamport Dynamics Explained
- Flat Fee Structure: Constant fee per trade regardless of trade size, making large trades more cost-effective
- Built-in Reward Mechanism: Incentivizes long-term liquidity providers and ecosystem participants
- Advanced Fee Distribution: Protocol fees distributed to $MAGE token and Mage NFT stakers
- Capital Efficiency: Enhanced trading dynamics optimized for the Solana blockchain
Benefits of Flat Fee Model
- Large Trade Advantage: Unlike percentage-based fees, large trades pay the same flat fee
- Predictable Costs: Traders know exactly what they’ll pay regardless of trade size
- MEV Resistance: Flat fees reduce opportunities for MEV extraction
- Higher Volume Incentive: Encourages larger volume trading
Tips for Trading
- Monitor Market Conditions: Liquidity and price can affect your trade outcomes.
- Take Advantage of Flat Fees: Larger trades benefit most from the flat fee structure.
- Participate in Rewards: Hold $MAGE tokens or Mage NFTs to earn from trading fees.
- Aggregator Integration: Once available through aggregators like Jupiter, you can access Mage Labs liquidity across the ecosystem.