What is Slippage Tolerance?

Slippage tolerance is a setting for the limit of price slippage you are willing to accept. By setting slippage tolerance, you basically set a limit on how many tokens you will accept, whether higher or lower than the rate shown in the interface. Slippage tolerance is set as a percentage of the total swap value. For instance, if you set slippage tolerance at 0.1%, it means that the number of tokens you will receive will not differ greater than by 0.1%.