SlicerBig orders, cut into slices.
Robinhood Stock Token pools are thin. Slicer buys or sells your amount in equal parts over time, each part checked against Chainlink.
How deep each pool is
Chainlink price, 24h change and pool liquidity for every listed Stock Token, and how much a $5,000 market order would move it.
| Stock | Price | 24h | $5K order moves it |
|---|
How slicing works
Hand it over once
USDG to buy, or the Stock Token to sell. Pick the number of slices, the time between them and, if you like, a price limit.
Slice by slice
The first slice trades at once. Each next one becomes due after your interval and trades on Uniswap within 1.5% of Chainlink.
Lands as it goes
Every slice sends its stock or USDG straight to your wallet. Past your limit, slices wait. Cancel any time and take back what is left.
Questions
Why not one big swap?
A thin pool moves against a large order: you pay more as the order eats through the liquidity. Smaller slices spread over time let arbitrage bring the pool back between them.
Who holds the funds meanwhile?
The Slicer book contract holds what is not sliced yet. Its owner has no function that moves it; only you can cancel and take it back.
What is the price limit?
For a buy, slices run only while Chainlink is at or under it; for a sell, at or over it. Otherwise they wait.
What does it cost?
The Uniswap pool fee on each slice, 0.05 USDG per slice to whoever runs it (the gas) and 0.1% of the USDG side. Opening an order carries 0.0001 ETH for the keeper.
How small can a slice be?
At least $5 worth, from a minute apart up to as long as you like, and up to 100 slices per order.
Audited?
No. Tested on a fork of Robinhood Chain: a buy and a sell in three slices went through for 25 of the 27 listed assets; the other two pools were too far from Chainlink and their slices waited, as designed. Unaudited software.