Settings

Quick buy/Quick Sell This is where you'll be able to have full control over your trading experience For Buying and Selling, you have full control over the following settings: Slippage: how much more/less tokens you'll receive from a trade due to price volatility

Example of slippage: Suppose you wanted to buy a $XYZ at US$10.00. You place your order, but when it's confirmed, you realize that it got filled at a higher price of US$10.50.

This scenario is an example of negative slippage because you bought in at a higher price than you wanted to, which decreases your total buying power.

Conversely, positive slippage occurs when you place a buy order at US$10.00 but the order is confirmed at a price of US$9.50. The lower price thereby increases your purchasing power.

Max Gas Limit: This is the maximum amount of gas you are willing to offer for ANY transaction. If a pending task requires a higher gas price than the Max Gas Limit you set, your task will not be completed.

Priority Fee: This is the additional fee made to have your transaction completed faster. This fee is better known as a tip because it provides an economic incentive for Ethereum miners to confirm your transaction before others

Private Transaction: This is enabled by default for Quick buy. This feature routes your buy transactions through a private miner, and your buys will not be broadcasted to the mempool. This helps protect you against sandwich attacks and also saves you gas fees in the case of failed transactions

Bribery Amount: This allows you to bribe the block builder (with a tip) in order to place your buy transactions as soon as possible so you can secure the best possible price. This tip is your option to add in additional ETH to incentivize the block builder to pick up your transaction. In the event that the transaction fails, no fee will be deducted from your wallet balance. SUMMARY of Priority Fee vs Bribery: If you use public transaction (with Private Transaction disabled), then only the priority fee will be used with your transaction.

If you use private transaction, then only bribery will be used with your transaction.