100 sats \ 4 replies \ @random_bitcoiner 11 Aug 2022 \ on: SideSwap: The Future of Atomic Swaps. Ask us anything! bitcoin
Hi, big fan of the sideswap here. Do you have any plans on an auto-DCA feature?
We're not able to offer any fiat payment rails ourseleves, however, we have considered integrating external service providers into the SideSwap wallet. In the near term, I would say that our focus is on hardware wallets (Jade) and 2-step swaps (i.e. Maker can go offline after posting an offer). Once this is done, we may look at adding additional services.
reply
I'm not talking about fiat. You already allow the user to hold USDT and L-BTC. Why not allow a self custody form of DCA? all other choices for auto DCA involve some form of custody, yours could be the only one that is 100% self custodial.
reply
Good point. I now see what you mean. We could add a function which notifies the user when it is time to add to their L-BTC stack and setup a swap to exchange their desired amount. Let us discuss internally how we could go about doing so.
reply
Nice! plus there would be the non-KYC angle here. All auto-DCA products I've seen have KYC as an obvious requirement as they work with fiat, not stablecoins. I don't know, it's just something I'd think more bitcoiners would be appreciative of, if not for them, maybe for someone they know.
reply