Simplified Order Tickets Brought to the KuSwap Dex.

Hello, this is going to be a two-part proposal. Now if I’m not mistaken the developers are planning on bringing KUS futures, options, and leverage trading to the dex. If so, then creating orders in the market are coming anyways and the developers are already on top of it, but nevertheless I’ll make this proposal anyways.

Part One of Proposal: There could be traditional limit and stop orders as seen on traditional exchanges, which we all know how those work (no need to reinvent the wheel). Or there could be limit orders for swaps. How would orders on swaps work? Well, I would imagine setting a pending order for when a certain ratio between coins reach a certain level in the market. Example: If I wanted to swap KUS for KCS (or vice versa) but only when the ratio is 1:1, I would set an order to swap 10 KCS for KUS when that ratio is reached thus giving me 10 KUS. Simple.

Part Two of Proposal: Now, one thing I do have against crypto exchanges is how complicated it is to create orders. then manually creating profit targets and stop losses for those orders on separate tickets. In my opinion if KuSwap manage to simplify this it would draw more people to the dex due to its convenience. In which way can KuSwap simplify order executions where every other crypto exchange fails to do so? Well, just look at Foreign Exchange (Forex) trading platforms like Meta Trader 5 (MT5), and how easy it is to set up an entire trade with take profits and stop losses all on a single ticket. Anyone who trades or traded Forex using the Meta Trader platforms knows exactly what I'm talking about.

Different Types of Orders: Market order: an order instantly executed against a price in the market at the best available price.

Limit Order: A limit order is an order placed to either buy below the market or sell above the market at a certain price. This is an order to buy or sell once the market reaches the “limit price”. • You place a “Buy Limit” order to buy at or below a specified price. You place a “Sell Limit” order to sell at a specified price or better. Once the market reaches the “limit price” the order is triggered and executed at the “limit price” (or better). Stop Entry Order: A stop order “stops” an order from executing until price reaches a stop price. • You would use a stop order when you want to buy only after price rises to the stop price or sell only after the price falls to the stop price. A stop entry order is an order placed to buy above the market or sell below the market at a certain price. • Note: I think if we change how the order reads on the Kuswap Dex from a Sell Stop to a Sell Continuation and the Buy Stop to a Buy Continuation that’ll clear up plenty of confusion. Stop Loss Order/Take Profit: An order to close out if the market price reaches a specified price, which may represent a loss or profit. • If you are in a long position, it is a sell STOP order. If you are in a short position, it is a buy STOP order. Again, if we change how this type of order reads from “Stop “Take Profit” on the KuSwap Dex it’ll clear up plenty of confusion. Trailing Stop: A trailing stop is a type of stop loss order attached to a trade that moves as the price fluctuates.

On most crypto exchanges you can’t set Take Profits nor Stop Losses to Limit Orders that’s pending to be filled. You must wait for your limits to fill, then go back manually to set another limits order to use as a Stop Loss or Take Profit order. But what if we’re able to do this in an all-in-one ticket with the click of a button on the KuSwap Dex? That’ll be convenient out of this world! People love convenience and shy away from the complicated; that’s just human nature in the 21st century.

We need to adopt this into the Dex. It’s time to start bringing new ideas into the world of DeFi and Decentralized Exchanges instead of doing what’s already been done.

If it’s hard for you to understand what my proposals are, forgive me for not making it clear enough in the writing. I created two YouTube videos to explain using visual examples of what I’m saying. I’ll drop the links below:

This video goes over both the first & second part of the proposal and explains the need for it. KUSgov Market Execution Proposal pt1: https://www.youtube.com/watch?v=27yCuvz0SQ4

This video shows how simple it is to set up an entire trade in one ticket with the click of a button on MT5 Forex trading platform. KUSgov Market Execution Proposal pt2: https://www.youtube.com/watch?v=_zJ5Wld4Vvc