Swap Ethereum assets in seconds, Earn Passively by providing liquidity to an assets pair.
Swaps: Token swaps in uSwap are a simple way to trade one ERC-20 token for another. For end-users, swapping is intuitive: a user picks an input token and an output token. They specify an input amount, and the protocol calculates how much of the output token they’ll receive. They then execute the swap with one click, receiving the output token in their wallet immediately.
Pools: Each uSwap liquidity pool is a trading venue for a pair of ERC20 tokens. When a pool contract is created, its balances of each token are 0; in order for the pool to begin facilitating trades, someone must seed it with an initial deposit of each token. This first liquidity provider is the one who sets the initial price of the pool. They are incentivized to deposit an equal value of both tokens into the pool. To see why, consider the case where the first liquidity provider deposits tokens at a ratio different from the current market rate. This immediately creates a profitable arbitrage opportunity, which is likely to be taken by an external party.
USP is a stablecoin built on the ethereum platform that will be used in uSwap as a base token, as a stablecoin means the price will always be 1$
Follow these steps to receive 1,000 USP ~ $1000, If you missed UNI airdrop, this might be another chance
- Chat with this telegram bot
- Follow the simple tasks and enter you ERC-20 when done
- Ensure you join us on telegram for updates
- Invite others and get 50 USP per referral