Asset Exchange

Overview

You can exchange your treasury's tokens to other supported assets and tokens, based on available swap providers.

Available actions:

• Creating Asset Exchange Requests
• Approving or Rejecting Exchange Requests

tip

Near Treasury utilizes the Rhea Finance SDK, which enables token swaps through its Smart Routing feature. Learn more about it in this article.

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Creating Asset Exchange Requests

To exchange one type of cryptocurrency for another:

1. Go to the Asset Exchange section.
2. Select the tokens you want to exchange.
3. Input the desired amounts.
4. Submit the exchange request for approval.

Exchange considerations

• Price slippage: Exchange rates may fluctuate during the approval process for your asset exchange request. Setting a price slippage limit helps protect against unexpected changes. If the actual exchange rate exceeds your specified limit at the time of voting, the request will fail.

• Price Deference: The difference between the market price and the price you get.

• Pool fee: Fee collected by RHEA Finance and shared with liquidity providers as a reward for providing liquidity to the pool.

• Additional Storage Purchase: To collect a new token, you need to purchase storage space. After submission, 0.1 NEAR will be charged from your account as an additional transaction.

Approving or Rejecting Exchange Requests

Asset exchange actions require approval from authorized team members. To review and vote on pending requests:

1. Go to the Asset Exchange section.
2. View the list of pending requests.
3. Review the details of each request.
4. Cast your vote to approve or reject the request.