Improve contract creation information
How does it work now?
As implemented.
How should it work?
Feedback:
Little box:
- I would be very confused as an initial user what is the difference between the premium and the fee.
- Miiiight be worth emphasizing at this point that the position cannot be exited (currently since there is no feature or policy about mutual redemption).
Confirm dialog:
Here and also in other dialogs - always identifying "Who are you?" when talking about hedge, long, etc. I.e. I mostly care about my own details and want to know when I am looking specifically at my numbers vs. total / counterpart numbers.
Little box:
I would expect the premium % to be based on my amount, not the full position's amount (e.g. I see 0.14% premium on hedge, so I expect to earn $0.14 on a $100 hedge position, but it is $0.05. I see -0.46% premium on long, so I expect to pay $0.46 on a $100 long position, but it is $1.39). It's fine that it's calculated over the whole contract amount, but that is currently not clear in the UI.
Confirm dialog: Same comment about premium percentage as before. I would call "low liquidation price" just "liquidation price" since you don't mention the high liquidation price. Perhaps margin 3:1 should be changed to leverage 3x, that seems clearer to me.
Little box: Be great to understand more about what the premium relates to (be it contract by contact, or umbrella)
Confirm dialog: Be great to understand more about what the premium relates to (be it contract by contact, or umbrella)
Little box: i have no idea what premium means.
Confirm dialog: i still dont know what the premium is going to
Little box: The little "i" bubbles don't give me much more information.
Confirm dialog: Could use some more little "i" bubbles explaining things. I'm also not sure why the margin is 3:1. Did I choose that? Is it the default?
Little box: The mouseover comment needs to be much longer. I already know the parameters so I don't mind, but most people are going to need a refresher on what "premium" is.
Confirm dialog: Same as before, need useful mouseover tooltips