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7/16/2020

DeFi: Uniswap V2

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This is a brief walkthrough of Uniswap V2.

1: Go to:
https://app.uniswap.org/#/swap

A orange Popup window may show to allow Uniswap to connect to Metamask.
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2: Click "Connect to Metamask"

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3: SWAP
This is like "Shapeshift". 

Example of Swap function below.
The swap will be failed if the conversion of swap goes lower than the minimum received during the transaction time. 
​You can pay 
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You see the transaction detail below. You will go to metamask popup window after clicking the "Confirm swap"
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Yes GAS fee is $2.23 USD.
I supposed to have GAS configuration boxes here with advanced GAS setting on Metamask but it does not show. Well DeFi is still a testing phase.

You can see effective GAS price here.
https://www.ethgasstation.info/
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You can change the slippage on the setting on Uniswap.
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4: POOL
This is to provide liquidity into Uniswap pool to get rewarded "liquidity provider fee".
You have to provide same USD amount of 2 coins. Example of ETH and DAI below.
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5: Connect to Mobile Metamask
Click WalletConnect and a QR code will appear on the screen.
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Scan the QR code on your mobile by clicking the Square mark on the top right on the screen below. You need Metamask on your Mobile phone. I also tried on JAXX but there is no way to connect at the moment. 
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Click connect.
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Done!
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