We’re excited to announce that the Landshare RWA Token (LSRWA) is now tradeable on DS Swap! As another key delivery from our Q1-Q2 roadmap, this update will enable LSRWA holders to trade their tokens anytime, anywhere with zero fees and higher limits.
In this article, we’ll provide you with everything you need to know about LSRWA on DS Swap, including a quick guide to get started and some additional information about NFT Credits and the newly imposed secondary transfer limits.
What is DS Swap?
Stobox DS Swap is a unique DeFi liquidity solution for security tokens, enabling liquidity pools and automated market-making functionality with respect to regulations and compliance. Secondary markets are a critical gap in the RWA infrastructure, so we’re thrilled to offer this cutting-edge solution to our RWA investors!
How to Trade LSRWA on DS Swap
The process for buying LSRWA on DS Swap is exactly the same as buying it through the DS Dashboard or RWA Portal. Any address already whitelisted for LSRWA will be able to trade on DS Swap by default. Not whitelisted yet? Not a problem! The process only takes a few minutes.
Creating a Dashboard Account and Completing KYC
Whitelisting requires an account on the DS Dashboard and successful KYC verification. This process ensures that your investment is associated to your identity.
Visit the dashboard and start by creating a new account:
After signing up, you will have access to the main dashboard page. Click on the “Start Verification” button. The KYC process will take about 3–5 minutes to complete:
Once you’ve completed the process, please wait for your identity verification to be processed by the team. You will receive an email notifying you if your identity verification was successful.
Once your identity has been verified successfully, you will be able to purchase RWA Tokens on the RWA Portal or DS Swap!
How to Swap
The process of using DS Swap will be familiar to anyone who has ever used PancakeSwap, Uniswap, or any other decentralized exchange! Simply visit https://app.dsswap.io/swap and select LSRWA plus the token you wish to swap with (we recommend LAND or USDT):
For more information about DS Swap, check out Stobox documentation.
Secondary Trading Limits
To protect our liquidity pool and investors, we will be enabling a secondary transfer limit of 500 LSRWA Tokens by default. This limit applies to any outbound transfer of LSRWA Tokens including depositing in the NFT ecosystem, selling into fixed price liquidity, or trading on DS Swap.
If you plan on performing any of these actions, we highly recommend requesting a limit increase on the dashboard. Also note, that if you’ve previously transferred LSRWA Tokens, these transactions will count toward your limit. In this case, you will need to request an increase before using DS Swap.
If you do NOT plan to transfer LSRWA Tokens in the near future, we recommend leaving the limit as is or requesting a reduction to 0. Tokens sold into the DS Swap Pool cannot be recovered!
How to check your secondary limit
To view your secondary trading limit, you can simply go to the DS Swap page and include LSRWA in your swap. The UI will display your remaining limit. You will not be able to make swaps for amounts larger than this limit.
How to request a limit change
- Login to Dashboard using your credentials.
2. Click on the dropdown menu next to your name located in the top right-hand corner.
3. In the dropdown menu locate Settings. From there, find and select Limits.
4. You will be directed to a page displaying your current limit details, including primary and secondary limits.
5. Determine which limit you want to increase based on your needs. In this case, let’s say you want to increase the secondary trading limit. Click on the “Increase My Limit” button next to the secondary trading limit section.
6. Enter the new secondary limit desired. We recommend entering a limit that suits your expected transfer volume. Amounts over 50,000 will require additional information, such as proof of funds. In this case, please reach out to a team member for further guidance.
7. Submit your request for a limit increase and wait for Approval. Your request will be processed by the Landshare team.
8. Once your request is approved, you will receive a confirmation through the dashboard or via email.
9. Upon approval, your limit will be increased accordingly, allowing you to engage in transactions within the new limit.
Additional Notes
- Trading LSRWA on DS Swap will not impact NFT Credits.
- Selling LSRWA on DS Swap will not count toward your monthly limit for fixed-price liquidity.
- The monthly limit for fixed-price liquidity will be reduced to $300.
- LSRWA-USDT LP Staking pool is expected to arrive in May. Until then, liquidity may be limited, and price impacts may be higher than desired. It is advised to check the price impact before selling and consider spacing out sales over a longer period to prevent losses.
- Liquidity has been added for LSRWA/LAND and LSRWA/USDT pairs. It is advisable to check the prices in both pairs as one may have more favorable rates.
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