CarbonSwap F.A.Q

*Please be aware that scammers are very active on Telegram, be vigilant.*

CarbonSwap is a decentralized exchange (DEX) that runs on the EnergyWeb Chain. It is not run by EnergyWeb. Learn more here.

The governance token of CarbonSwap is $SUSU. Here’s a quick fact sheet;

Please follow this guide, and either swap for another asset on CarbonSwap, or pool liquidity to farm $SUSU.

Make sure you have enough EWT in your wallet when executing a transaction. 1 gwei is more than enough, but sometimes Metamask will have 0 gwei as default amount, and in that case the transaction will be stuck. There’s a guide here that should help you. If it doesn’t work, you can reset Metamask by going to Settings>Advanced>Reset. That won’t change your balance, or have you reset your seed phrase, but it’ll clear the transaction history.

Liquidity mining program started April 22nd 2021, on Earth Day. It should end approximately on May 21st 2021. Note that liquidity mining will still go on until 100M tokens are released, which is calibrated to last ~2years. By calculations, there should be ~21M tokens in circulation after the EarlyBird period, and ~3,4M tokens farmed per month after that.

Dex Analytics : https://info.carbonswap.exchange/home

Some community members have also worked on ways to track prices
https://www.carbonswaptracker.com/
http://www.susulive.io

When you deposit your SUSU on the stake page, you get xSUSU in exchange. By design, xSUSU gains value from 0,05% fees of all swap that happen on CarbonSwap. More volume on the DEX => more fees => xSUSU gains value. (It is strongly recommended not to swap SUSU for xSUSU on the swap page due to low liquidity, and price affected by market players. Using the stake page is the correct way to deposit SUSU/withdraw xSUSU.)

Your xSUSU amount will always stay the same as when you staked, what will change is the amount of SUSU you’ll be able to withdraw. Until we have analytics tools, the only ways to see the rewards are to withdraw and check the amount of SUSU gained, or track the ratio changes of SUSU vs xSUSU.

See pool analytics here: Since all pools are rewarded equally (for now), the pool with the lowest liquidity from the Catch! page will give you the highest % of the pool for the same $ value. You should also take into account the risk factors of the pairs, and make sure you understand how LP works.

Regarding staking, the rewards are in direct relation to the volume of the DEX. Right now the rewards might be lower than the farming option, but don’t forget that after early bird period, farming rewards will be 6X less. Some advantages of the staking, is that rewards automatically compound, and you’re not subject to impermanent loss (IL).

Yes, those exchanges hold the EnergyWeb Token.

No, EWTB in the bridged version and is to be traded on Uniswap. If you want to use your EWTB holdings on CarbonSwap, you’ll need to use the POA bridge to convert them to native EWT. (Also, DO NOT send EWTB to Kukoin/Kraken)

No, if you wish to send those assets to exchanges (or even some other wallets), you’ll need to bridge them back the the ETH chain.

Please educate yourself on IL, it’s a scary word but if you understand it correctly, it will help you make better investment decision. Here’s a link to a simple IL calculator which can be used to run potential scenarios of token movements, and your expected IL.

Also a great explanatory video ;

Additional tips

Gas fees are extremely high currently on ETH network. The bridge for ERC-20 assets can be very costly. Make sure you’re not sending tokens through the bridge from EWC to ETH if you don’t have enough funds to pay for the claim. This has nothing to do with EWC, it’s simply ETH network being absolutely over-priced. You might see 1200$ gas fees to claim your tokens. You won’t actually pay that amount (Final transaction might be around 200–300$), but you’ll still need at least the quoted amount in your wallet for the transaction to go through.

This is an example of a quote from the bridge when claiming your tokens. Although it won’t cost that much in the end, the transaction can’t initiate if you don’t have the quoted amount in your wallet.

Sending EWT from Kukoin or Kraken remains the cheapest way to bring assets to EWC for now.
Update: Another way to move asset for cheap is to bridge WBNB from EWC to BSC using omnibridge (or the other way around). This can then be converted to other assets either on EWC or BSC.

When sending assets between wallets on the EWC, Metamask with input 0 gwei by default for the transaction. Make sure you manually input some gas. 1 gwei is more than enough.

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Agent K

Crypto enthusiast, interested in disruptive technology. Currently helping EnergyWeb Doge with their goal of making Dogecoin Carbon-Neutral.