What Is Slippage Tolerance & How Does It Work?

😲 Slippage tolerance is a setting for the amount of price slippage you are willing to accept for a trade.

👉 By setting slippage tolerance, you set a minimum amount of how many tokens you will accept if the price increases or decreases.

😱 Slippage tolerance is set as a percentage of the total swap value. For example, if you set slippage tolerance at 3%, it means that the number of tokens you will receive can be no higher or lower than 3% of the amount entered.

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