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Very pleasant experience with RCPswap

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by COINS NEWS 176 Views

I made a post a while back about RCPswap and MoonD. It was about low liquidity pools for MoonD and I have to admit it was... based out of my fear and skepticism. I'm in this for too long and have been burned here and there, so I was cautious about certain things.

I'm not running away from what I said in that post, I'm realizing I was wrong and making "amends" (so to speak), primarily to u/mellon98.

After some problems I encountered (primarily due to my inability to properly understand Reddit Arbitrum, bridges and smart contracts), the site works like a charm. I have swapped, put in the liquidity pool(s) as well as bridged from one chain to another.

Sent some moons to my address (Reddit Arbitrum chain), got BUSD on same address (BSC chain), bought MoonD (on BSC), bridged BUSD and MoonD (from BSC to Reddit Arbitrum, simple sending of tokens to proper address, as explained on the RCPswap site) and I was ready to go. I had some problems with the swap initially, then realized it was (again) my fault as the slippage was too low (IIRC it defaults at 0.5% so I upped it to 2%).

The biggest thing I "earned" from this is the knowledge I acquired. I have never employed a smart contract until now (not sure if Uniswap and Pancakeswap simple swaps count as smart contract), and I have never bridged a token from one chain to another until this point. Regardless of what I acquire along the way with the LP (which is not much as I only played with a ridiculously low amount of moons and BUSD), this is what I will cherish the most.

Highly recommended.

submitted by /u/giddyup281
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