Nova
  • Welcome
    • Welcome to Nova
    • Setting Up
      • Default Wallet
      • Deposit
      • Multiple Wallets Support
      • Importing Wallets
    • FAQ
    • Waitlist
  • MODULES
    • Overview
    • Buy
      • Normal Buy
      • Multi-Wallet Buy
      • Auto Buy
    • Selling
      • Auto-Sell when Bonded
    • Sniper
      • Pump Fun Sniper
      • Demon Mode
    • AFK
    • Limit Order
    • Copy Trade
    • Nova Click
      • Chrome Extension Workaround
        • BullX Neo
      • Setting Up
        • Firefox Setup
        • Axiom Setup
      • Buying
      • Selling
      • Migration Sniper
      • Discord Sniper
      • Panel
        • Change Fee Settings
      • "Failed" Issue when using Nova Click
  • CONFIGURATION
    • Overview
    • Settings
      • Fees
      • Slippage
      • MEV Protect
      • Processor
      • Presets
      • Quick Buy
      • Quick Sell
    • TP & SL
    • Wallets
      • Security Pin
      • Withdraw
    • Regions
  • EARNING WITH NOVA
    • Referrals
    • Nova Points
  • Branding
    • Overlay for Streamers
  • LINKS
    • Phase 1
    • Support
    • Twitter
  • TOS & Privacy Policy
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  1. Welcome

FAQ

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What is Processor?

Jito - submits transactions through Jito's block engine (bundles & mev protect) Node - submits transactions through our custom staked node (no mev protect) Both - submits to both jito and node concurrently If you are using jito or both, make sure to add a mev tip in settings

What is Buy & Sell Tip?

Extra payment made to JITO's network to make sure your transaction gets through faster in the next available block over others.

What is Buy & Sell Fee?

The fee you want to pay to get your transaction processed.

What is Slippage?
  • What It Is: The difference between the expected price and the actual price you pay for a memecoin.

  • Why It Happens: It occurs due to price fluctuations between the time you place the order and when it’s executed, especially in highly volatile memecoins.

  • How to Set It:

    • If slippage is set too low, your transaction might fail.

    • A higher slippage (e.g., 1%-10%) ensures the transaction goes through but may result in paying more than expected.

What is a market cap?

Market Cap = Current Price of the Token × Total Supply of Tokens in Circulation