Find answers to some of the most commonly asked questions from our community.
Pact is permissionless by design and anyone can create a market and provide liquidity to any trading pair. This can comprise of:
- Algorand Standard Assets (ASAs), including:
- Stablecoins, such as USDC or USDT
- "Wrapped" assets that are pegged to the value of another asset, such as goBTC and goETH by Algomint, or gALGO by Folks Finance
- ALGO, the native token of the Algorand blockchain
Pact charges trading fees for swaps and fees are clearly disclosed in the user interface. The fees are used incentivise liquidity providers. See Multiple Fee Tiers for more information.
In addition, traders are also charged transaction fees native to the Algorand blockchain.
Pact does not offer any wrapping capabilities. However, Pact can provide liquidity and enable swaps between wrapped assets. For example, gALGO/ALGO or USDC/goUSD.
Pact is committed to security and its smart contracts have been audited to the highest standards to provide assurance. Learn more on Security Overview.
Pact offers a secure, user-friendly, lightning-fast and low cost experience for traders powered by the Algorand blockchain. Pact offers features such as Multiple Fee Tiers and StableSwap.
There could be a variety of reasons. Due to the nature of blockchains, there is no ability to revert or amend transactions and you will need to retry the transaction. If the issue persists, please see Diagnosing Common Issues.
Please ensure that you have connected your wallet successfully and that you have approved the relevant tokens in your wallet.
Verified assets can be found on AlgoExplorer: https://algoexplorer.io/assets. The Pact user interface relies on AlgoExplorer for the purposes of displaying verified assets.
Pact is permissionless and you are free to withdraw liquidity whenever you want.