How Stackly works
Last updated
Last updated
Stackly uses CoW protocol to execute orders, offering the users best prices for their stacks.
Users deposit their chosen 'from' token into a stack, then select the 'to' token for the stack. Based on the chosen frequency, the Stackly watch tower invokes the CoW API to facilitate a successful swap. This systematic approach ensures that users' orders are processed smoothly, aligning with their specified stacking preferences and frequency.
Stackly employs a Dollar-Cost Averaging (DCA) strategy, enabling users to perform recurrent swaps of any token at set intervals. DCA is a strategy used to reduce the impact of volatility in the market by regularly investing a fixed amount of money at predetermined intervals, regardless of asset's price.