FAQ
First you will need an Ethereum Wallet and enough ETH to swap and pay for the transaction costs. Once completed, go to Clipper's trading module to start using Clipper's trading protocol. Remember that each transaction on Ethereum costs ETH (this is called the “gas fee” also know as GWEI and it’s paid to miners to keep the Ethereum network running).
If you want to use the Ethereum network you must have ETH in order to pay for "Gas" (GWEI). Currently Clipper only runs on the Ethereum network and you will need to pay for gas to make swaps. In the future Clipper will be launching on other blockchains that will allow traders to swap without having to use the Ethereum network.
You can find those at the Shipyard Software github repository.
The Clipper source code itself is licensed under a Business Source License that will revert to an open-source license in two years.
On the Ethereum Mainnet:
Exchange Contract: 0x2e9c6Dcdca22A5952A88C4b18EDB5B54C5155BC9
Pool Contract: 0xe82906b6B1B04f631D126c974Af57a3A7B6a99d9
Router Contract: 0xf0f455E8b8F4f96Ae5109493C5d3eA5e2c09de47
On the Kovan Testnet:
Exchange Contract: 0xcedC23e5324EF7f05B01e987E05294f0Cb73A9AB
Pool Contract: 0xC97dC8a3B59BF9dC0d97a9E1771Db2B2DDa864e0
Router Contract: 0x85647964BB36db21369718EBE8da2A265828a5ca
Clipper returns 20 basis points (0.2%) of the output token in each transaction back to the liquidity pool. That fee is reflected in the quotes you see from using our web page - no additional fees are charged beyond the quotes you see.
[See Liquidity Provisioning section]
Clipper went through source code audits with Solidified and Quantstamp. [See Audits]
Connect to your wallet by clicking "Connect Wallet", then select your network, and choose your wallet. A prompt from your wallet will pop up to log in.
Yes!
The most likely explanation is that the market moved against you (slipped) by more than your Slippage Tolerance in the time between sending and executing the transaction. You can adjust your Slippage Tolerance in settings (the "gear" icon at the top right of the swap interface). Setting a higher slippage tolerance makes transactions less likely to fail, but can open you up to execution at worse prices.
The most likely explanation is that the gas price associated with your transaction was too low for miners to consider including it in a new block. Depending on your wallet, you may be able to cancel your pending transaction, or to re-submit it with a higher gas price. Etherscan maintains a detailed "Gas Tracker" page with frequently updated estimates of execution price and timeliness.
As is typical for interactions on the Ethereum blockchain, any gas that was not consumed by a transaction on Clipper will be refunded to its sender.
Clipper currently supports only five assets, wBTC, ETH, DAI, USDC and USDT. Other assets will be added in the future.
Clipper currently supports only five assets, wBTC, ETH, DAI, USDC and USDT. Other assets will be added in the future.
Governance will decide what assets to add and when. The first priority is ensuring Clipper works with its first 5 assets.
No air drops have been announced.
Clipper does not yet have its own token, though eventually governance will be decentralized via a governance token.
Clipper currently supports only five assets, wBTC, ETH, DAI, USDC and USDT. Other assets will be added in the future.
