# MixSwap

MixSwap is the MiFi DEX aggregation trading platform of Exin.


# Languages

* [English](/en)
* [中文](/zh)


# English

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[**MixSwap**](mixin://users/6a4a121d-9673-4a7e-a93e-cb9ca4bb83a2) is the MiFi DEX aggregation trading platform of Exin, the most popular developer of the Mixin ecosystem.

> **Warm Reminder**: Click on the top left corner to open the navigation directory.


# Getting Started

***

## What is MixSwap?

**MixSwap** is the MiFi DEX aggregation trading platform of Exin, the most popular developer of the Mixin ecosystem.

The Mixin ID of MixSwap is **7000103767**, you can visit this [link](mixin://users/6a4a121d-9673-4a7e-a93e-cb9ca4bb83a2) to authorize and experience it.

How to download and update Mixin Messenger:

* Google Play: <https://play.google.com/store/apps/details?id=one.mixin.messenger>
* App Store: <https://apps.apple.com/us/app/mixin-messenger/id1322324266>

## What pairs are currently supported by MixSwap?

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The goal of MixSwap is to support all tokens supported by the Mixin Network.

## What is Mixin Network and Mixin Messenger?

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**Mixin Network** is a free and fast peer-to-peer digital asset trading network. It uses sidechains, Layer2 Off-Chain and other technologies, uses PoS + Asynchronous BFT consensus, and uses DAG to store transaction records. Finally, it achieves second-level confirmation, zero fees and enhanced transactions features of privacy.

**Mixin Messenger** is an open source end-to-end encrypted chat software and integrates a multi-chain wallet based on Mixin Network.

## What’s the difference between MixSwap and an exchange?

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MixSwap uses a 1inch-like aggregated trading model and does not provide depth itself.

Exchanges usually take an order book model, which usually requires a market maker to service the exchange and provide liquidity to traders.

## What is the difference between MixSwap and ExinSwap?

***

MixSwap uses a 1inch-like aggregated trading model and does not provide depth itself.

ExinSwap is a Uniswap-like DEX that uses the AMM model.

## What is the difference between MixSwap and ExinOne?

MixSwap uses a 1inch-like aggregated trading model and does not provide depth itself.

ExinOne's trading is based on the "**Exchange Purchase**" model, where ExinOne helps users trade cryptocurrencies through an exchange API.

## How do I exchange cryptocurrencies with MixSwap?

***

If you are new to MixSwap and would like to learn how to exchange cryptocurrencies, please read our step-by-step guide: "[MixSwap Exchange tutorial](https://w3c.group/c/1614753078320604)".


# DeFi

## What is DeFi?

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DeFi, the acronym for "Decentralized Finance", is also known as Open Finance as opposed to the traditional CeFi "Centralized Finance". DeFi refers to the decentralized protocols used to build an open financial system that allows anyone to perform all types of financial activities anytime, anywhere. In the existing financial system, financial services are mainly controlled and regulated by a central system, whether it is the most basic deposit and withdrawal transfers, loans or derivatives transactions; DeFi aims to establish a transparent, accessible and inclusive peer-to-peer financial system through distributed open source protocols, minimizing the risk of trust and making it easier and more convenient for participants to participate in it.

## What are the features of DeFi?

***

DeFi offers three major advantages over traditional centralized financial systems.

* Decentralized, with no need for any intermediaries to build trust relationships and transactions completed directly through smart contracts.
* Data are stored in blockchain, transparent and accessible to all.
* Protocols are open source, allowing anyone to collaborate to build new financial products on top of existing protocols and accelerate financial innovation with network effects.

DeFi also has several disadvantages over traditional centralized financial systems.

* Relatively niche, high barriers to entry and education costs.
* The user experience is not as smooth as with CeFi products, as many DeFi products are web-only and not mobile app-only.
* The security of many smart contracts is yet to be proven and some code issues can lead to hacking. Such issues have previously been seen with bZx, Curve and MakerDao.
* Partial DeFi is only relatively centralized and not fully decentralized, and remains a potential risk of market manipulation.
* The ecology is relatively fragile, with a domino effect of default if the pledged currencies experience large price fluctuations.

## What are the main applications of DeFi?

***

DeFi is a relatively broad concept, and the concept of decentralization can be used to innovate and transform the existing financial system at all levels. To give a brief and incomplete overview, DeFi applications can be divided into three major categories and nine sub-categories. The three categories of applications are Issuance, Trading and Ownership.

* The Issuance category includes stable coins, represented by Maker/Dai, AMPL; decentralized lending, represented by Compound; and securities, insurance, NFT, represented by bZx, Polymath.
* The trading category includes the decentralized exchange DEX, represented by Uniswap; decentralized derivatives, represented by dYdX, Augur; and liquidity providers, represented by Kyber Network.
* The ownership category includes decentralized wallets, represented by Metamask, decentralized money management, represented by ICONOMI, and decentralized payment methods, represented by Lightening Network and Sablier.

## What is Yield Farming?

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Yield farming is the process of generating revenue by depositing or lending designated token assets as required to provide liquidity to the product's pool. The proceeds may be the project's native token, or the governance rights it represents.

## What is MiFi?

***

MiFi is the collective term for the DeFi project based on the Mixin ecosystem, proposed by @Cedric Fung.

MiFi doesn't refer to a single product, it's a concept. Like DeFi, it's a concept, not a product.

## What are the advantages of developing MiFi based on Mixin?

***

Mixin Network has the following advantages.

* Natural cross-chain support.
* Second-level confirmation of transactions.
* No gas fees for transactions.
* Mixin Trusted Group with smart contract-like technology.


# Algorithm

## Aggregate Transactions

***

MixSwap uses a model similar to 1inch aggregated trading, docking multiple exchanges in depth, with the goal of helping users exchange more coins and save more money.

To learn about 1inch, you can read the [documentation](https://docs.1inch.exchange/api/).


# Account

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## Does MixSwap have an account?

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MixSwap does not have the concept of account, when you authorize to MixSwap bot, it will help to improve the experience of using it, mainly in the redemption display asset balance, reward page display nickname, of course, you can also not authorize.


# Wallet

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## Is the MixSwap wallet safe?

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MixSwap don't have wallet itself. MixSwap is based on Mixin wallet which is decentralized crypto wallet. Mixin Messenger don't host your fund. You have absolute control over your assets.

## What is Mixin Wallet?

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Mixin Messenger is an open source end-to-end encrypted chat software and integrates a multi-chain wallet based on Mixin Network. This multi-chain wallet is named Mixin Walelt.

## How to do if I forget the Mixin Wallet PIN code?

***

It’s IMPASSIBLE to reset PIN code, you have to remember it once you set it. If you don’t remember it anymore, please try it by yourself, you have 5 times to try every day, you’d better note every possibility. To help users remember the PIN code well, our Messenger asks users to input PIN code every 24 hours when they open the wallet.


# Trading

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## Redemption Price

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The exchange price is determined solely by the depth of the pool and the number of orders placed.

The price of the pair changes over time as the transaction progresses. The problem is that when the engine processes your order, the price may not be the same as it was when the order was placed, and if there is a large deviation, it will be filled at a price that is very different from the expected one. To avoid this situation, MixSwap has a mechanism to determine the slippage of transactions, and supports custom configuration. When placing an order, a minimum purchase amount will be submitted at the same time, and if the amount of coins bought is less than this amount, the order will be cancelled and refunded.

The current default slippage setting is **0.5%**.

## Route

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The most important feature of MixSwap is the Route. It is the Route that will help you find the optimal path through the different exchanges and exchange more coins.

## Partial refund

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MixSwap uses an aggregated trading model, and if one of the Routes exceeds the slippage setting, a partial coin refund will occur. To avoid partial refunds, you can increase the slippage setting, but understand that you may exchange fewer coins due to the depth issue.

## Reward

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When MixSwap helps you redeem more coins, there will be a reward button inside MixSwap's message notification. If you approve of our product, you are welcome to reward us for optimizing our iterative product.

If you choose anonymous bounty, your nickname will not be displayed in the bounty list.


# Limit

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## Whats is limit orders?

MixSwap’s limit orders feature is based on Ocean ONE. Ocean ONE is a decentralized exchange based on the Mixin Network, with a user experience comparable to that of centralized exchanges.

Ocean ONE is developed by the Mixin team, the code is [open source](https://github.com/MixinNetwork/ocean.one), and it is security audited.

With the launch of MixSwap’s limit orders feature, we hope to bring a richer trading experience to our users.

## Is there a commission for limit orders?

Yes, there is a fee, MixSwap charges 0.2%.


# Security

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## Does MixSwap have a pool of funds?

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Currently MixSwap does not have a pool of funds, so there are no security issues.


# Privacy

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## Are there privacy issues with MixSwap?

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No. MixSwap has no concept of an account and all transactions rely on transfers.

In addition, MixSwap provides authorization to read assets with your consent for a better experience. MixSwap does not store any sensitive user information.


# Fees

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## How much does MixSwap cost?

***

MixSwap is an aggregated DEX similar to 1inch. Currently, the MixSwap platform does not charge fees. The fee for each route is charged by a different exchange. MixSwap supports the following exchanges: ExinSwap, 4swap and Ocean ONE.

Among them, ExinSwap and 4swap both support two types of protocols. The transaction fee of the Uniswap protocol is 0.3%, and the transaction fee of the Curve protocol is 0.04%.


# Others

***

I have a question that wasn't answered. Please get in touch with us. We will be happy to answer any questions.

Please visit the [Contact](https://support.mixswap.exchange/#/contact) page for specific contact details.


# Contact

***

You can contact us directly through Mixin Messenger.

The MixSwap robot itself is a customer service system, so if you have any questions, you can leave a message on the MixSwap robot and we will get back to you as soon as possible.

The MixSwap bot has several built-in keywords that you can reply to for specific keywords to get help. Built-in keywords such as Hi, Hello, Customer Service, Tutorial, Documentation, Transaction, Exchange, etc.

ExinSwap Chinese group ID:**7000103609**, you can also click [here](mixin://users/29f23576-4651-47ff-8c16-6c8a5d76985e) to join for free.


# 中文

[**MixSwap**](mixin://users/6a4a121d-9673-4a7e-a93e-cb9ca4bb83a2) 是 Mixin 生态最受欢迎的开发商 Exin 旗下 MiFi DEX 聚合交易平台。

> **温馨提醒**：点击左上角打开导航目录。


# 入门

***

## MixSwap 是什么？

**MixSwap** 是 Mixin 生态最受欢迎的开发商 Exin 旗下 MiFi DEX 聚合交易平台。

MixSwap 机器人的 ID：**7000103767**，您也可以点击 [此处](mixin://users/6a4a121d-9673-4a7e-a93e-cb9ca4bb83a2) 授权访问。

Mixin Messenger 的下载更新方法：

* 官网更新：<https://mixin.one/messenger>
* 备份官网：<https://mixin-www.zeromesh.net/messenger>
* APK 下载：<https://mixindl.com>

## MixSwap 目前支持哪些交易对？

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MixSwap 的目标是支持 Mixin Network 支持的所有代币。

## Mixin Network 和 Mixin Messenger 是什么？

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**Mixin Network** 是一个免费、快速的点对点数字资产交易网络，使用侧链、Layer2 Off-Chain 等技术，采用 PoS + Asynchronous BFT 共识，用 DAG 存储交易记录，最终实现秒级确认、零手续费和加强交易隐私的特点。

**Mixin Messenger** 是一个开源的端对端加密聊天软件，并且集成基于 Mixin Network 的多链钱包。

## MixSwap 和交易所有什么区别？

***

MixSwap 采用的是类似 1inch 的聚合交易模式，本身不提供深度。

而交易所通常采取订单簿的模式，通常需要做市商服务交易所，为交易者提供流动性。

## MixSwap 和 ExinSwap 有什么区别？

***

MixSwap 采用的是类似 1inch 的聚合交易模式，本身不提供深度。

而 ExinSwap 是类 Uniswap 采用 AMM 模型的 DEX。

## MixSwap 和 ExinOne 有什么区别？

***

ExinSwap 是类 Uniswap 采用 AMM 模型的 DEX。

ExinOne 的交易采取的是「**交易所代购**」的模式，ExinOne 通过交易所 API 帮助用户交易加密货币。

## 如何使用 MixSwap 兑换加密货币？

***

如果您是 MixSwap 的新手，并且想学习如何兑换加密货币，请阅读我们的分步指南：「[MixSwap 兑换教程](https://w3c.group/c/1614753078320604)」。


# DeFi

## 什么是 DeFi？

***

DeFi，即 Decentralized Finance「去中心化金融」的缩写，也被称作为开放式金融，与传统意义上的 CeFi「Centralized Finance」相对。 DeFi 是指用来构建开放式金融系统的去中心化协议，让任何一个人都可以随时随地进行各类金融活动。 在现有金融系统中，金融服务主要由中央系统控制和调节，无论是最基本的存取转账、还是贷款或衍生品交易；而 DeFi 则希望通过分布式开源协议建立一套具有透明度、可访问性和包容性的点对点金融系统，将信任风险最小化，让参与者更轻松便捷地参与其中。

## DeFi 有什么特点？

***

相比传统的中心化金融系统，DeFi 具有三大优势：

* 去中心化，无需任何中介搭建信任关系，直接通过智能合约完成交易；
* 数据上链，公开透明，任何人都有访问权限；
* 协议开源，任何人都可以在原有协议上合作构建新的金融产品，并在网络效应下加速金融创新。

相比传统的中心化金融系统，DeFi 也具有几大劣势：

* 相对小众，准入门槛和教育成本较高；
* 用户体验没有 CeFi 产品流畅，许多 DeFi 产品只有网页端，并无手机 App 端；
* 许多智能合约安全性有待考证，一些代码问题会导致黑客攻击。之前在 bZx，Curve 以及 MakerDao 上都出现过此类问题；
* 部分 DeFi 只是相对中心化并非完全去中心化，仍然潜在的市场操控风险；
* 生态相对脆弱，如果质押币种出现价格大幅波动，会出现违约的多米诺骨牌效应。

## DeFi 主要应用有哪些？

***

DeFi 相对来说是一个比较宽泛的概念，去中心化的理念可以再原有金融体系中各大层次进行创新改造。简单地进行一个不完全的整体概括，DeFi 应用可以分为三个大类，九个子类。三个大类应用分别为：发行 Issuance，交易 Trading 以及所有权 Ownership。

* 发行类里包括了稳定币，以 Maker/Dai，AMPL 为代表；去中心化借贷，以 Compound 为代表；证券、保险、NFT，以 bZx、Polymath 为代表；
* 交易类里包括了去中心化交易所 DEX，以 Uniswap 为代表；去中心化衍生品，以 dYdX、Augur 为代表；流动性提供方，以 Kyber Network 为代表；
* 所有权类里包括了去中心化钱包，以 Metamask 为代表；去中心化资金管理，以 ICONOMI 为代表；去中心化支付方式，以 Lightening Network，Sablier 为代表。

## 流动性挖矿 Yield Farming 是什么？

***

流动性挖矿，是指按照要求存入或者借出指定的代币资产，为产品的资金池提供流动性而获取收益的过程。该收益可能是项目的原生代币，或者是其代表的治理权利。

## 什么是 MiFi？

***

MiFi 是指基于 Mixin 生态开发的 DeFi 项目的统称，由 @Cedric Fung 提出。

MiFi 不指单一的产品，而是一个概念。类似 DeFi 也是一个概念，不指某一个产品。

## 基于 Mixin 开发 MiFi 有哪些优势？

***

Mixin Network 有如下的优势：

* 天然的跨链支持；
* 交易秒级确认；
* 交易无需 Gas 手续费；
* 拥有类似智能合约的 Mixin Trusted Group 技术。


# 算法

## 聚合交易

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MixSwap 采用类似 1inch 聚合交易的模式，对接多个交易所的深度，目标是帮助用户兑换更多的币，省更多的钱。

了解 1inch，可以阅读帮助 [文档](https://docs.1inch.exchange/api/)。


# 账号

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## MixSwap 有账号吗？

***

MixSwap 没有账号的概念，当您授权给 MixSwap 机器人之后，将有助于提升使用体验，主要体现在兑换显示资产余额、打赏页面显示昵称，当然，您也可以不授权。


# 钱包

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## MixSwap 钱包是安全的吗？

***

MixSwap 本身没有钱包。MixSwap 基于 Mixin 钱包，它是去中心化的加密钱包。Mixin Messenger 不托管您的资金。您对资产拥有绝对控制权。

## 什么是 Mixin 钱包？

***

Mixin Messenger 是一个开源的端对端加密聊天软件，并且集成基于 Mixin Network 的多链钱包。这个多链钱包就是 Mixin 钱包。

## Mixin 钱包忘记密码怎么办？

***

请注意，在忘记密码的情况下，Mixin Messenger 是不能找回密码的。钱包密码是加密后存储到整个网络中，就算是团队的技术人员也不能查看用户密码。一旦忘记，建议您自行尝试，并记录下每次尝试的密码组合。因为，每 24 小时有 5 次输入错误的机会，超过次数，钱包会被锁住，需要 24 小时后才能再次开始尝试。


# 交易

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## 兑换价格

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兑换价格完全由池子深度和下单的数量决定。

随着交易的进行，交易对的价格是同步变化的。这里会有一个问题是，当引擎处理到你的订单的时候，可能价格已经不是下单的时候那个价格了，偏差较大的话，就会以一个与预期很不符的价格成交。为了避免这种情况，MixSwap 具有交易滑点判断的机制，而且支持自定义配置。下单的时候，会同时提交一个最小买入量，如果买到的币不到这个数量，则取消订单并退款。

目前默认的滑点设置为 **0.5%**。

## Route

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MixSwap 最重要的功能就是 Route，正是因为 Route 的存在，才会帮助你在不同的交易所中找到最优路径，兑换到更多的币。

## 部分退币

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MixSwap 采用聚合交易的模式，如果其中的一个 Route 超过了滑点设置，会出现部分退币的情况。如果要避免部分退币，可以提高滑点设置，但是要明白可能会因为深度问题兑换到较少的币。

## 打赏

***

当 MixSwap 帮你多兑换币种后，在 MixSwap 的消息通知里面，会有打赏按钮。如果您认可我们的产品，欢迎打赏支持我们优化迭代产品。

打赏分为公开打赏和匿名打赏，如果您选择匿名打赏，在打赏列表不会展示您的昵称。


# 挂单

***

## 什么是挂单功能？

MixSwap 的挂单功能基于 Ocean ONE 开发。Ocean ONE 是基于 Mixin Network 的去中心化交易所，用户体验可以跟中心化交易所媲美。

Ocean ONE 由 Mixin 团队开发，代码 [开源](https://github.com/MixinNetwork/ocean.one)，而且经过安全审计。

MixSwap 上线挂单功能之后，希望给用户带来更佳丰富的交易体验。

## 挂单有手续费吗？

是的，有手续费，MixSwap 收取 0.2%。


# 安全

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## MixSwap 有资金池吗？

***

目前 MixSwap 没有资金池，所以不存在安全问题。


# 隐私

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## 使用 MixSwap 有隐私问题吗？

***

没有。MixSwap 没有账号的概念，所有的交易依托于转账。

此外，MixSwap 提供授权功能，会在您同意的情况下读取资产，旨在提供更好的体验。MixSwap 不会存储任何用户的敏感信息。


# 费用

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## MixSwap 费用是怎么样的？

***

MixSwap 是一个类似 1inch 的聚合 DEX，目前 MixSwap 平台没有收取手续费。每一个 route 的手续费，由不同的交易所收取。MixSwap 支持如下交易所：ExinSwap、4swap 和 Ocean ONE。

其中 ExinSwap 和 4swap 均支持两种类型的协议，Uniswap 协议交易手续费为 0.3%，Curve 协议交易手续费为 0.04%。


# 其他

***

我有一个未得到回答的问题，请与我们联系。我们很乐意回答任何问题。

请访问「[联系](https://support.mixswap.exchange/#/zh-cn/contact)」页面查看具体的联系方式。


# 联系

***

您可以直接通过 Mixin Messenger 与我们联系。

MixSwap 机器人本身就是一个客服系统，有任何问题可以在 MixSwap 机器人给我们留言，我们会第一时间回复您。

MixSwap 机器人内置多个关键词，您可以回复特定的关键词获取帮助。内置的关键词比如 Hi、你好、客服、教程、文档、交易、兑换等。

ExinSwap 中文群的 ID：**7000103609**，您也可以点击 [此处](mixin://users/29f23576-4651-47ff-8c16-6c8a5d76985e) 免费加入。


