Home Coins Dentacoin (DCN) Dentacoin Is Now Listed on Uniswap | by Dentacoin | Sep, 2020

Dentacoin Is Now Listed on Uniswap | by Dentacoin | Sep, 2020


Dentacoin

Say hello to Uniswap, as the first Dentacoin liquidity pool goes up and running! Following our community’s recommendation, we felt it necessary to take a dip into the DeFi space, with Uniswap being the first of many initiatives in that direction.

START TRADING

About Uniswap

Uniswap provides a fully decentralized automated liquidity service for the Ethereum network. The way it works is by locking a ratio between two currencies in a liquidity pool. Traders can help maintain the liquidity on either side by depositing their tokens and earn a part of the trading fees.

When traders use the dex service and the amount on one side of the pool decreases, the other rises in price accordingly to maintain the ratio. This creates an opportunity for other traders to deposit more of the lacking currency at a premium price and take advantage of arbitrage opportunities.

Dentacoin on Uniswap

At present, the Dentacoin pool on Uniswap features an ETH-DCN trading pair. To access the trading we have compiled a quick guide for you:

Exchange Dentacoin-Ethereum on Uniswap

Step 1: Navigate to Uniswap and Select Token

Hop on to the Uniswap dex website here:

You will see the display on the right. Tap Select a token to display the Dentacoin trading pair.

Step 2: Paste Address

Currently, you won’t be able to find Dentacoin by name as it is not yet featured in a list. This is only temporary, as we work on implementing the liquidity pool in the official lists. To display Dentacoin, please paste the contract address in the text box:

0x08d32b0da63e2C3bcF8019c9c5d849d7a9d791e6

https://etherscan.io/token/0x08d32b0da63e2C3bcF8019c9c5d849d7a9d791e6

Step 3: Add Token

Once you have pasted the address, you will see the Dentacoin logo and symbol displayed next to the “Found by address” indicator. Tap the “Add” button to continue and close the pop-up to finalise the process.

Step 4: Exchange Dentacoin on Uniswap

This is it. You are now ready to swap Dentacoin against ETH and vice versa. Don’t forget to connect your wallet! At present the supported wallets are:

  • MetaMask
  • WalletConnect
  • Coinbase Wallet
  • Fortmatic
  • Portis

Add Liquidity to the Dentacoin-Ethereum Pool

Adding liquidity to the pool works in a similar fashion. If you are feeling lost, however, you can refer to our guide:

Step 1: Navigate to the Uniswap Pool

Hop on to the dedicated Uniswap pool page here:

To begin adding liquidity tap the “Import it” link at the bottom.

Step 2: Select Token for Pool

Tap the “Select a Token” dropdown to display a list of tokens

Step 3: Add Token for Pool

To display Dentacoin, please paste the contract address in the text box:

0x08d32b0da63e2C3bcF8019c9c5d849d7a9d791e6

https://etherscan.io/token/0x08d32b0da63e2C3bcF8019c9c5d849d7a9d791e6

Step 4: Select the Dentacoin token

Dentacoin will now be displayed. Tap the button with the Dentacoin logo to proceed.

Step 5: Add Liquidity

Now that your pool is imported you are ready to add liquidity. Tap the “Add liquidity” link to begin the process.

Step 6: Input Desired Amounts

This is it. You are now ready to add the desired amounts of liquidity to the pool. Don’t forget to connect your wallet! At present the supported wallets are:

  • MetaMask
  • WalletConnect
  • Coinbase Wallet
  • Fortmatic
  • Portis

That being said, are you ready to have a taste of DeFi with Dentacoin? Don’t wait up — hop on Uniswap now:

START TRADING



Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
474FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,582FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.16
GBP
1.28
CHF
1.08
NOK
0.10
JPY
0.01
CAD
0.75
AUD
0.70

Most Popular

Binance’s CZ says Buterin ‘proved me wrong’ and DeFi full of bubbles

Decentralized finance is in full swing, and one of its biggest supporters appears to be the exchange Binance. The platform's United States branch recently...

Daimler Partners With Ontology To Leverage High-Performance Technologies and Transform the Driving Experience | by The Ontology Team | OntologyNetwork | Sep, 2020

With Ontology’s decentralized blockchain solutions, drivers can enjoy a suite of new, highly-secured digital driving services!Singapore — 24 September 2020 — In a move...

European Commission to launch blockchain regulatory sandbox by 2022

The European Commission in collaboration with the 30-country alliance called the European Blockchain Partnership (EBP) plans to launch a pan-European blockchain regulatory sandbox...
bitcoin
Bitcoin (BTC) $ 10,490.35
ethereum
Ethereum (ETH) $ 339.63
ripple
XRP (XRP) $ 0.232524
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 215.28
bitcoin-cash-sv
Bitcoin SV (BSV) $ 153.60
litecoin
Litecoin (LTC) $ 44.77
eos
EOS (EOS) $ 2.56
binancecoin
Binance Coin (BNB) $ 23.83
okb
OKB (OKB) $ 6.17
tezos
Tezos (XTZ) $ 2.05
leo-token
LEO Token (LEO) $ 1.24
cardano
Cardano (ADA) $ 0.081115
monero
Monero (XMR) $ 91.48
stellar
Stellar (XLM) $ 0.071276
chainlink
Chainlink (LINK) $ 8.18
huobi-token
Huobi Token (HT) $ 4.61
tron
TRON (TRX) $ 0.025493
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 67.57
neo
NEO (NEO) $ 21.18
iota
IOTA (MIOTA) $ 0.248827
nem
NEM (XEM) $ 0.107425
zcash
Zcash (ZEC) $ 53.18
maker
Maker (MKR) $ 458.58
paxos-standard
Paxos Standard (PAX) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 4.95
vechain
VeChain (VET) $ 0.012144
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 3.58
kucoin-shares
KuCoin Shares (KCS) $ 1.03
waves
Waves (WAVES) $ 2.41