FAQ

Questions about Choice

What is Choice and what makes it different?

Choice is an automated market maker (AMM) & aggregator built on Injective where users can swap, trade and provide liquidity to earn yield on digital assets. However, unlike other AMM platforms, Choice aggregates on-chain liquidity, meaning that Choice's users have access to the liquidity of the entire Injective ecosystem.

Choice's Swap feature determines which liquidity pool(s) & path will provide the best output for users.

What wallets can I use with Choice?

To connect to Choice, you'll need an Injective wallet. Choice currently supports Keplr, Leap, and Metamask wallet. Choice will continue to integrate wallets as requested.

Can I use Choice on my phone?

You can access Choice from your mobile device by connecting your wallet to Choice in the wallet's web browser.

How can I get in touch?

You can get support on Discord. Join the Choice community!

Questions about Trading

What does "Your INJ balance is low" mean?

INJ is required to pay network (gas) fees. Fees are very low on Injective and you may be able make a number of transactions with a low balance, however it is recommended to keep at least 0.01 INJ in your wallet for gas.

How does slippage tolerance work?

Choice’s slippage is split evenly at each hop. For example, if your slippage is set at 0.5% and there is one hop, that hop will have the full max slippage of 0.5%. However, if there are 3 hops, then 0.167% slippage will be applied at each hop for a max slippage of 0.5%.

What fees do I pay when I trade or swap tokens on Choice?

Swap fee: Every time a user swaps between a pool, a 0.3% fee is taken on the trade. 0.20% of that trade goes back to the LP pool as fees earned, 0.05% of that goes to the Injective burn auction, and 0.05% goes to the Choice treasury.

Paths routed through Helix, DojoSwap, and Astroport are subject to their set fees, and incur no additional costs.

Network fee: A nominal amount of INJ is also required to pay Injective network fees on each trade. Most trades cost between 0.0001 — 0.00001 INJ.

What is price impact?

Price impact is the difference between the current market price and the expected price for a trade. Price impact is primarily determined by the size of your trade relative to the amount of liquidity in the pool. As the number of tokens you buy from the pool increases, the price of the token increases as well. This unfavorable change in price is called price impact.

If you are swapping in a pool with very low liquidity, you may receive a very poor price for your swap. However, Choice will find you the best routes for your swaps.

Why did my transaction fail?

Insufficient INJ: INJ is required to pay network fees (gas), it's recommended to keep at least 0.01 INJ in your wallet to ensure smooth transactions.

Slippage Tolerance: Transactions will fail if the price of the underlying pool moves past your Slippage Tolerance. Try increasing your slippage tolerance on the Swap page.

Why are there no routes found?

When routing through Helix, there needs to be a certain amount of buffer funds. For large transactions, these buffer funds need to be larger than normal. We'll actively be adjusting these funds as demanded by our users.

If the liquidity is new on Helix, please flag us so that we can create a buffer fund and enable transactions for that asset.

What happens if a token is both bank & CW20?

Choice will output whichever the original for the token is. For assets like NONJA the original token was CW20, and therefore output will be CW20. For assets like HDRO the original token is bank, and therefore the output will be bank.

Our routing algorithm will automatically convert funds to utilize the best liquidity pools for your trade. Portfolio will aggregate these tokens so that they display the same for you.