🥇How to use Miner Bribe

Readyswap is partnered with validators mining blocks, bring bribe bidding on Block 0 to Readyswap. This gives users the option to swap tokens on Block 0, the earliest positions after the token launch.

** Note. Readyswap has recently improved the bribe functionality. Please review the update!

How it works on new token launches

Bribe is an offer to pay to buy the Block0 after launch. Now, in Readyswap, you can bribe on both ETH for % token supply, and buy tokens for ETH transaction types.

Bribe Buckets

There are separate pools for bribers. The Largest bribers go in bucket 1, the highest priority positions. Smaller bribers, instead of being ignored now go in bucket 2 which offers priority position but not the Best priority position.

Set the Bribe figure you wish to commit to bribe.

If the bribe is not large enough for the miner to buy the block and make a profit after costs, the miner will not accept the bribe, and the transaction will go through as normal, with Readyswap's already fast transaction processes.

How much to bribe?

This is dynamic - there is constant bidding on every block - miner v miner. If there is a regular token launch on a quiet Sunday vs a hyped token launch in peak chain activity is going to vary widely. On hype token launches it's not uncommon to see gwei in 1000-3000 just buy a single swap buyer. TUF will generate information over time to provide guidance, but we've set a guide of 50 for regular token launches as a minimum guide, though there is no guarantee this will be accepted.

If you bribe and it is accepted you wil be sorted into Bribe buckets 1 and 2 which will effect your positioning after opentrade. Consider the interest level in the token, and the blockchain activity to make your bribe decision. Also, you can check the Readyswap bribe position dropdown to check the activity of others.

Readyswap Bribe position (experimental)

If other Readyswap users are utilizing the Bribe feature you can see their bribe offered here. The highest bribe will get the best position. You can choose to adjust higher PVP-style, to get an earlier position. And of course, they can increase their bribe too.

Bribe Toggle

Toggle on/off the Miner bribe feature. Available for Token % buys only.

Bribe Max Priority

Add the Bribe bid amount. The validator may not accept the bribe and if it is accepted, your position will be determined by the bribe size. The largest bribes go in Bucket 1 for the highest priority position, and smaller bribes, Bucket 2. You can see your bribe position on the Bribe position list.

Bribe Position List

If other Readyswap users utilize the Bribe feature you can see their bribe offered here. The highest bribe will get the best Bucket, and best position. You can choose to adjust higher PVP-style, to get an earlier position. And of course, they can increase their bribe too.