[Web] Index Guide
1. Connect your wallet
To use the Index service on the NEOPIN Web, you need to connect your wallet first. Click the [Connect Wallet] button and select the wallet you would like to connect. For NEOPIN wallet users, please refer to the section below to connect your wallet to the web for full access to the NEOPIN Web services. ▶ Review details on #5.-web-connect-your-neopin-wallet
2. Buy
Go to the [Index] tab and choose a product you want to invest in.
Carefully review the product information, and choose the token you want to use to acquire Index tokens. Entry tokens available are ETH, USDT or USDC.
The minimum deposit is 0.001 ETH, 0.1 USDT and 0.1 USDC
Enter the amount of your entry token and review the options between Flash Mint and Swap. Choose one option and proceed by selecting the [Mint] or [Swap] button according to your option choice.
The option with best return in terms of estimated amount and considering gas fees is automatically recommended.
Flash Mint is suited for large size transactions while Swap is suited for small size transactions.
USDC does not support the swap option for now.
As both Flash Mint and Swap options include swaps, users can also set the slippage tolerance as the deposit process includes stable swap between utilized assets. The default is set to 0.5%.
Please make sure to review the estimates and agree to the "Terms of Use" before a transaction. Then, please confirm the transaction in your connected wallet.
If you are using the NEOPIN App, a confirmation request screen will appear in the NEOPIN App. After reviewing the transaction summary, click the [Confirm] button in the NEOPIN App and enter the PIN Code to complete the process.
Once the PIN Code is successfully authenticated, the transaction is complete.
You may check your Index tokens in the [My Token] section.
Notes:
If this is your first time using a product with USDT or USDC, a one-time approval is required to proceed with each option: Flash Mint and Swap. >#6.-approve
The Flash Mint option involves swaps using Uniswap. As the transaction progresses, swap fees and slippage may occur due to the execution of logic, which is considered within the price impact value shown in the product details.
If you transact with a large amount, the high price impact may incur. If you proceed with smaller amounts in separate actions, it will reduce the price impact.
3. Sell
Go to the [Index] tab > Select [Index] in the Discover section and choose a product you want to redeem from.
Select the [Sell] tab on the top of the input field and carefully review the product information.
Enter the amount of your index token and review the options between Flash Redeem and Swap. Choose one option and proceed by selecting the [Redeem] or [Swap] button according to your option choice.
The option with best return in terms of estimated amount and considering gas fees is automatically recommended.
Flash Redeem is suited for large size transactions while Swap is suited for small size transactions.
As both Flash Redeem - ETH and Swap options include swaps, users can also set the slippage tolerance as the deposit process includes stable swap between utilized assets. The default is set to 0.5%.
Flash Redeem - Components option returns components tokens from vault directly to users and does not include swap in the process.
Please make sure to review the estimates and agree to the "Terms of Use" before a transaction. Then, please confirm the transaction in your connected wallet.
If you are using the NEOPIN App, a confirmation request screen will appear in the NEOPIN App. After reviewing the transaction summary, click the [Confirm] button in the NEOPIN App and enter the PIN Code to complete the process.
Once the PIN Code is successfully authenticated, the transaction is complete.
You may check your redeemed tokens on your wallet [Balance] section.
Notes:
If this is your first time using a product with RPI, a one-time approval is required to proceed with each option: Flash Redeem and Swap. >#6.-approve
The Flash Redeem-ETH options involve swaps using Uniswap. As the transaction progresses, swap fees and slippage may occur due to the execution of logic, which is considered within the price impact value shown in the product details.
If you transact with a large amount, the high price impact may incur. If you proceed with smaller amounts in separate actions, it will reduce the price impact.
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