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swaps.md

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description
No spread deep liquidity collateral swaps

Swaps

NDOL debt** **measured for tokenA is pushed towards tokenB, the user receives no spread but pays a competitive 0.3% swap fee in tokenA initially done by minting and burning NDOL.

Traders can also put down another collateral to perform a debt swap before speculating on another index token.

(Trader puts down NDOL collateral to open a 2X ETH long position but gets paid out in ETH)