Spot Range Queue Tutorial
This part of the documentation is a tutorial provided by the OpenSwap team aimed to help users make the most out of swapping with OpenSwap Spot Range Queue.

1. Create Spot Range Queue

This function allows users to sell their tokens within a defined range.
1.1 Go to 'Active Queues' tab on the Range Queue page and click on 'Join'
You will find a table with below columns
Pair: The pair and direction you would like to offer
Queue Depth: The current amount tradable in the Queue
Total Order: Total number of orders (enabled or disabled)
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1.2 Insert parameters for the Queues
There are 4 parameters you have to insert when you create a Queue
Amount: The amount of token you would like to sell
Minimum Price: The Queue would not execute when the spot market price is below your minimum price
Maximum Price: The Queue would not execute when the spot market price is above your maximum price
Stake Amount: The amount of OSWAP tokens you would like to stake to unlock higher transaction fee payout
Expiry Date: The expiry date of your Queue
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1.3 Review the Order Summary and click on 'Submit'
The order summary on the right will indicate extra information on your offer
Price: The current market price, it might be different from the trade price as the market price is changing
Expected Return: The amount of token you will receive if your queue is completely traded
Tx Fee Payout: The amount of transaction fee you will receive based on the Stake Amount
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1.4 Verify the Offer in the 'My Queues' tab
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2. Add Range Queue

This function will allow users to add more liquidity to the queues and edit other parameters.
2.1 Click on 'Add' in the 'My Queue' tab
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2.2 Edit the Parameters and Submit the offer
Please note that the token amount and stake amount inserted would be added on top of the original amount.
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2.3 Review the updated parameters
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3. Removing Range Queues

This function will allow users to remove liquidity from the Queues and edit other parameters.
3.1 Click on 'Remove' on the 'My Queue' tab
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3.2 Edit the Parameters and Submit the offer
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3.3 Review the updated parameters
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4. Moving Range Queues

This function will allow users to move their tokens from Range Queue to another direction of the same pair.
4.1 Click on 'Move' on the 'My Queue' tab
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4.2 Set the amount and click on 'Submit'
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5. Collecting Tokens from Range Queue

This function will allow users to collect their tokens earned from Range Queue to their wallets.
5.1 Click on 'Collect' on the 'My Queue' tab
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5.2 Set the amount and click on 'Submit'
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6. Swap Range Queue

Please note that the Range Queue would only be executed under the below conditions:
a. The remaining queue depth in Priority Queue is not enough to cover the trade amount (Priority Queue orders will have priority over Range Queue orders)
b. The market price falls within the range of the Range Queue
6.1 Click on 'Swap' on the Queue Record
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6.2 Confirm the Swap
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Want to learn more about OpenSwap?

Should community members have further questions on platform functionalities, or would want to express ideas to the team of ways that OpenSwap can provide improved support to platform users, please feel free to get in touch with core team members on OpenSwap telegram group: https://t.me/openswapdex​
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Last modified 1mo ago