r/OasisDEX • • Jun 11 '18

Had a rough experience with Oasis Direct

19 Upvotes

I had a bit of a rough experience with Oasis Direct yesterday I wanted to share. I know there is unlikely to be anything that can be done, but it was quite disheartening and if there is anything that can be done to prevent it biting others that would probably be good.

I had taken payment of a large amount - 390400 DAI - which I needed to convert to ETH, so I went into Oasis.Direct, expecting the tool to operate as a limit order based on the initially listed conversion rate. Of course when the trade executed it operated much more akin to a market order.

The end result was such a large amount processed at once simply ate up all the way to the bottom of the order book, and in the end I lost over $110,000.

This was based on my understanding of "The fact that Oasis.Direct uses Limit Orders, rather than Market Orders, ensures that a user won’t experience unexpected slippage."

According to all the documentation, I would have also expected this order to fail by exceeding the slippage limit, instead it was executed - at significant cost.

Some of the issue revolved around the UI of the site - I was on a slow internet connection and didn't realize that the rate was updating as I added digits / value to the DAI side. I checked the original rate which looked good and went from there.


r/OasisDEX • • Feb 27 '17

New proposal for OasisDEX upgrade

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10 Upvotes

r/OasisDEX • • Oct 02 '19

Oasis Trade is live

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8 Upvotes

r/OasisDEX • • Apr 24 '18

Oasis Dex is extremely slow and crashes freuquently

8 Upvotes

I have tried using Oasis Dex in Firefox and Chrome. In either application it takes 30s to load the page, then it's unresponsive for a couple of minutes.
When I navigate to another page, I have to wait a few minute for the page to load. Sometimes it will freeze and need to be re-opened. It's just about usable, but a terrible and stressful experience.

I have this issue on both of my computers (both high specs, one Win7 't'other Win 10).

Is there any way to fix this or improve the experience?


r/OasisDEX • • Jun 26 '18

Introducing New Developments for a Faster and Better Oasis Platform

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7 Upvotes

r/OasisDEX • • Feb 21 '17

Oasisdex.com and pro.oasisdex.com redeployed

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7 Upvotes

r/OasisDEX • • Feb 04 '17

Logo feedback requested, V1 or V2 ?

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6 Upvotes

r/OasisDEX • • Dec 02 '19

Buying DAI with the Equal Wallet

5 Upvotes

Hey guys, just tried to buy some DAI on Oasis DEX. I had previously been using the Equal Wallet and only saw the metamask option to connect. I was wondering if you were going to add support for Equal as they are another web3 wallet. I wouldnt like to go back to using metamask.


r/OasisDEX • • May 16 '19

Introducing Eth2Dai Instant + Updates

5 Upvotes

We´re excited to announce an update for eth2dai.com which comes with an additional simple interface called Instant and UX improvements like a Read-Only mode.

Eth2Dai Instant

Instant provides convenient access to the user-posted liquidity pool powered by the Oasis contract.

This is the easiest way for users to trade Ether and Wrapped Ether for Dai.

To put it simply: Instant is for users that want quick and easy, while the traditional interface is for those that want to have access to a more robust experience featuring charts, volume and a variety of order types.

Read-Only mode

Users can now access Eth2Dai with any mobile or desktop browser to check prices, the orderbook or trade history. This is enabled by a GraphQL database.

Eth2Dai products have no third party to any transaction, no central custodianship, all trades are peer-to-peer, and the transaction is performed and settled on-chain without the need for any intermediary.


r/OasisDEX • • Feb 08 '19

[Announcement] The Oasis Team is performing an upgrade to the smart contract that powers the eth2dai.com exchange

4 Upvotes

r/OasisDEX • • Apr 07 '17

What features would you like to see on Oasis ? • r/MakerDAO

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4 Upvotes

r/OasisDEX • • Feb 09 '17

OasisDEX (Formerly known as Maker Market) is hiring a front end javascript developer

4 Upvotes

We're searching for a front end web developer who can improve and add features to OasisDEX, the open source decentralized exchange project formerly known as Maker Market. We seek applicants who have a bold vision for the future of decentralized exchange, and who can be entrusted with what is currently one of the most widely used live Ethereum Dapps. We accept applications from anyone, offer competitive pay, and can accept both full-time and part-time. The ideal candidate will have:

  • A public portfolio of prior work

  • An ability to work independently and make technical decisions on their own

  • A passion for usability, accessibility and simplicity.

  • Experience collaborating on open source projects

  • Experience trading on exchanges and opinions on how that experience could be improved

  • Experience creating frontend applications for Smart Contracts

  • Experience with the Meteor JS framework

If your dream is to eventually do back-end or smart contract development, this position is a good place to start as we can later help you transition to work on Maker-Core or decentralized exchange contracts (Oasis contracts).

If you're interested in the position as front end web dev, please pm me here on reddit, or send me an email at [email protected]

We are also always looking for experienced solidity developers or formal verification specialists - if you're looking for work in these areas please send me a pm/email, or come to chat.makerdao.com and introduce yourself in #dev


r/OasisDEX • • Jun 07 '18

Why isn't the order matching?? Do order not partially fill?

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3 Upvotes

r/OasisDEX • • Mar 01 '17

Can the moderator update the CSS of this subreddit please?

3 Upvotes

I'd love to hangout here but this is too painful for my eyes ಠ_ಠ


r/OasisDEX • • Feb 16 '17

mist url?

3 Upvotes

Is this exchange going to be located at mkr.market or will it be at a new url?


r/OasisDEX • • Aug 24 '20

oasis.app is giving me an error when I check wallet balances

2 Upvotes

oasis.app is saying "Error!" whenever I check balances even though my Metamask wallet is collected. As a result I can't unwrap my WETH since in the past I used the balances section to unwrap WETH. What gives. This Dex was working perfectly for months and now I can't unwrap my WETH.


r/OasisDEX • • May 13 '20

Oasis API Orderbook Rounding Issue

2 Upvotes

API orders responses are losing the decimals so an order at 0.9 would display as 0 making the data unusable. Who should I contact about this issue?


r/OasisDEX • • Dec 21 '18

Recover funds from oasisdex?

2 Upvotes

Hey is there anybody who can help me recover funds. I sent them to oasisdex contract a fortnight ago. I guess my active order got filled. I'm not sure where my funds are now.

Inb4: I own my key


r/OasisDEX • • Oct 25 '18

Stuck on "Your node is syncing"

2 Upvotes

Not sure what to do. Any suggestions are welcome.


r/OasisDEX • • Sep 07 '18

Totle + OasisDEX

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2 Upvotes

r/OasisDEX • • May 15 '18

Quick fix to OasisDEX deployed today

2 Upvotes

In preparation for the major upgrade to Oasisdex.com that will make the site much quicker to use (due end-of-the-month) we have deployed today a quick fix that hopefully makes the old site usable again after it became more and more sluggish. Our main focus in on version 2.0 though, a major functionality enhancement - stay tuned :)


r/OasisDEX • • Apr 18 '18

The Top 5 Decentralized Crypto Exchanges to Watch out for in 2018

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2 Upvotes

r/OasisDEX • • Jul 24 '17

Some user experience feedback

2 Upvotes

First off, let me just state up front that I know this is early stages and there's still much work to be done. But I thought I'd just document a 'less than ideal' (to frame it nicely) user experience in the hopes that it will help move us all closer to a point where it's more user friendly for mass adoption. With that out of the way...

I was trying to use Oasis to buy some Maker (MKR). I am using the MetaMask Chrome extension. I started by trying to wrap ETH into W-ETH. I ran into a minor issue where I tried to wrap the max amount only to be informed in the MetaMask window I didn't have enough gas for the transaction. Fine, I went back to Oasis and subtracted the gas amount from the total amount of ETH and began the wrap. After a few seconds it completed. Ideally Oasis would have been able to pre-compute the require gas, and then tell the user "We will convert {desired_amount - required_gas} for you, ok? Y/n"

That was the first minor annoyance. Not a big deal really but what happened next compounded the problem...

Now that I had my W-ETH, I went to purchase MKT. It wasn't a ton of money (roughly $85 USD worth), but evidently that amount exceeded some pre-defined limit:

You are trying to create a buy order above your defined allowance.

Okayyy. So I need to change my limit. But guess what? Changing my limit requires gas!! And now I don't have any ETH (I already converted it all to W-ETH). Fine. I'll unwrap just enough of my W-ETH back into ETH to cover the gas cost required to raise my allowance level. BUT (and you probably know where this is going by now), Unwrapping my W-ETH costs gas!! So I basically boxed myself into a corner because of all these little gas fees of trying to execute various transactions.

Maybe it's an edge case and most people don't wrap 100% of their token. But regardless, I'm now essentially stuck. I'll have to send some more ETH into my wallet just to be able to buy MKR with my already wrapped W-ETH.

Again, please don't take this as a complaint. Just an observation to point out where some improvements could be made to the UX.

I would be curious just for my own personal knowledge: is there is a mechanism to query external smart contracts in advance for it's properties to pre-compute the gas required? I'm not sure if my understanding is correct, but I would presume that the Oasis dapp is somehow communicating with the MetaMask dapp, and if so, is there a way to ask other dapps 'what will this cost me?' so the originating dapp can use that figure.

Lastly... I think that once Oasis is finished wrapping a token up, the confirmation message should be changed from "Wrap Done!" into "That's a wrap!" :)


r/OasisDEX • • May 08 '17

Can't change allowance

2 Upvotes

I've tried to change allowance (metamask) and it looks like transactions are going through via etherscan but my allowance stays at zero.

This is for W-GNT and MKR and DGD.

Is there something not working causing this?


r/OasisDEX • • Aug 15 '23

Lido first airdrop event

1 Upvotes