The time gap between each purchase. If you wish to invest $100 daily for the next 10 days, your frequency will be 1 Day. Maximum time gap between each purchase for a DCA order is 1 Month.
3.
Duration
3 Hours
The time horizon over which your DCA order will be completed
4.
Start Day & Time
12/07/2023 & 05:05 UTC
The date and time at which you wish to start your DCA order. Users will have an option to start the DCA order right away by clicking on “Now”
Price protection
If the price drops below/above the limit price, the TWAP will automatically pause transactions until the price returns above/below the limit price. If enabled, the TWAP may not be fully completed within the designated duration.
The limit price for price protection will be calculated as a percentage of the market price. Let's assume the price of WETH/USDT is currently at $2300.
If you are buying WETH with a price protection of 5%, your limit price will be above the current market price and will be set as $2415 (1.05*2300). If you are selling WETH with a price protection of 10%, your limit price be below the current market price and will be set as $2070 (0.90*2300). The limit price will adapt itself based on the price protection percentage and the order direction.
