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Apex Docs
Overview
How it works
User Guide
Add xDai Chain to Your Wallet
Acquiring xDAI tokens
Getting USDC on xDai
Interacting with xDai
Spawn your smart wallet
Funding your smart wallet
Approve Spend
Fees
Creating Orders
Order Types
Developer Guide
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Approve Spend
When creating an order, the bot fee is held by the smart contract in order to pay the keeper bot when the order gets executed.
As such, you need to approve the smart contract to spend your USDC. This is similar to the ERC-20 token approvals for other smart contract. We allow users to approve as much or as little as they wish, and would recommend setting the approval as low as necessary for the orders they wish to create.
For example, Charlie wishes to create 10 orders, with each order having a bot fee of $0.20. He should therefore set the approval to $2 to allow him to create these orders.
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Fees
Last modified 6mo ago
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