Many major communities are talking about DeFi and SNS which is just launched on Uniswap stands out from the rest. Uniswap is an $ETH based exchange that allows anyone to swap ERC20 tokens. Traditionally token swaps require buyers and sellers to create liquidity, Uniswap creates markets automatically. Uniswap was designed to help solve decentralized exchanges’ liquidity problem.
As a dark horse in its infancy, SNS performed well when it was initially launched. Its ranking reached the top 50 of Defi within 2 days, and its liquidity reached 117 million on that day.
Even Vietnamese and Korean investors are also enthusiastically chasing for it.
Seeing the skyrocketing SNS, many people may have a question. They are not familiar with how to earn income on Uniswap. Then, the following tutorials should not be missed!
Next, I will show you how to use Uniswap conveniently through Imtoken wallet.
2. Uniswap is divided into two functions, namely [Exchange] [Capital Pool]. Here you can choose ETH or other tokens to exchange (multiple tokens are supported). select the target currency that needs to be exchanged. Here, select SNS, through the contract address:0x8E3c8E2DE3CCed6250B4eC129a82af4D2d3cbC5f
In a word, Uniswap makes asset trading more efficient. However, Uniswap is still in its infancy, and what is most anticipated is future development. You can give it a try!