About Switch
Switch is a unique feature of KlayFi, in which users can switch owned tokens or LP tokens to another asset by clicking the Switch button.
By using Switch, users can easily start investing with owned tokens and LP tokens without leaving KlayFi or visiting other swap services. Users struggled with managing different tokens and LP tokens, but Switch allows users can convert owned assets to KlayFi-acceptable assets to maximize yield returns.
What makes Switch an outstanding feature?
Convert Token to LP token, LP Token to Token.
Convert LP token to another LP token.
Convert Multi LPs and Multi Tokens to Single LP or Single Token at once.
Switch From
Switch To
Conversion
Single LP
Single LP
O
Single LP
Single Token
O
Single Token
Singe LP
O
Single Token
Single Token
O
Multi LP's
Single LP
O
Multi LP's
Single Token
O
Multi Tokens
Single LP
O
Multi Tokens
Single Token
O
Multi LP's + Multi Tokens
Single LP
O
Multi LP's + Multi Tokens
Single Token
O
Any Types of LP / Token
Multi LPs / Tokens
X
Switch’s primary function is for user convenience, yet it is also developed for strengthening the KlayFi ecosystem.
There is no fee when users switch any tokens or LP tokens to $KFI or KLAY-KFI LP.
Total Switch Fee is for immediate $KFI buyback by the smart contract. This will bring upwards price pressure for $KFI and have a positive impact on the KlayFi ecosystem.
Switch fee
Switch uses KLAYswap. Therefore, trading fees by KLAYswap will be charged. KlayFi takes no benefits from it.
Switch fee is 0.1%, and it will be used for instant $KFI buyback.
There is no fee when users switch any tokens or LP tokens to $KFI or KLAY-KFI LP.
Switch To
Fee Rate
$KFI
0%
KLAY-KFI LP
0%
Other Tokens
0.1%
Other LPs
0.1%
Notes
If users Switch large amounts compared to each Token Pool’s liquidity, there may be considerable slippage. Please check your estimated output before using Switch.
If users Switch very small amounts, it will not proceed further.
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