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Kyle McCollom
@kyle
Been playing with Solana a lot more lately, but price quotes are sluggish, 50% of my trades fail, trades take ~15 seconds to complete, and I have to break my trades up into much smaller increments to get them through. Any tips on how to get a better experience here? Moved my slippage up to 1% and that helped.
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Yohan
@yohangglobal
.5-1% is desired slippage in bear market, similar to bull market eth gas prices you'll be better off increasing slippage to 10-15% for shitters but even 1-5% is fine for tokens with enough liq like wif, boden, etc. Also heavily depends on the interface you're using compared to bots imo!
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Yohan
@yohangglobal
jup.ag should be your main frontend but creating multiple DCA orders also helps a lot, same with using bots like @TrojanOnSolana (ref link https://t.me/odysseus_trojanbot?start=r-yohangglobal) Current fees I use are: - priority fee: 0.01 - mev tip: 0.005 - jup slippage: 1-2% - tg bot slippage: 10-15%
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Yohan
@yohangglobal
Personally speaking I don't think you should care about slippage being high/low, just about having fast entries/exits. Either you're heavily shitcoining (slippage needs to be high) or your building swing positions (sol/wif/boden, slippage can be low). Both plans should have their own settings to make this easier!
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Yohan
@yohangglobal
This is also where having multiple accounts set up for your desired plan will help, ie your hardware wallet has larger liq coins and trades on jup with _ slippage, while your hot wallet(s)/tg bots are in the trenches with >_ slippage
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