Common Issues

Wallet Connection Issues

If you're experiencing issues connecting your Phantom wallet to DegenTracts, try the following troubleshooting steps:

• Refresh the Page: Sometimes, a simple page refresh can resolve minor connection glitches.
• Check Browser Compatibility: Ensure you're using a compatible browser and that it's up to date.
• Disable Browser Extensions: Some extensions can interfere with wallet connections. Try disabling any ad blockers or security extensions temporarily.
• Re-authenticate Phantom Wallet: Log out and back into your Phantom wallet to reset the connection.

Platform and Trading Questions

Market Cap Requirement

For a memecoin to qualify for Contracts Trading on DegenTracts, it must reach a market cap of at least $1 million and maintain this level for one hour. This rule ensures that only sufficiently liquid and established memecoins are eligible for contracts, reducing volatility and ensuring fairness for all users.

Fees and Charges

DegenTracts applies minimal fees for each transaction to cover platform and network costs. These fees include:

• Transaction Fee: A fee between 0.2% and 1% of the contract value, covering network gas fees and platform maintenance.
• Settlement Fee: Depending on the specific transaction, additional minor charges may apply at the time of contract settlement.

These fees are displayed before transaction confirmation, ensuring transparency for every trade.