How to test Uniswap on testnet

in #uniswap4 months ago (edited)

You can find uniswap on all testnets. Let's try switching metamask to KOVAN network

image.png

To get some ETH go to https://faucet.kovan.network/ or https://enjin.io/software/kovan-faucet or just try googling for KOVAN FAUCET yourself

to get some DAI put CDP collaterized dept position on https://oasis.app/borrow?network=kovan

Now if you have ETH and DAI (or any other two cryto tokens) go to uniswap, connect with KOVAN network and start playing and learning with free money. Exchanging tokens or provide liquidity on mainnet is quite expensive with current gass fees

When you will start staking on mainet have in mind the IMPERMANENT LOSS

Tool for calculating impemanent loss: https://dailydefi.org/tools/impermanent-loss-calculator/

Coin Marketplace

STEEM 0.38
TRX 0.06
JST 0.041
BTC 34193.49
ETH 2129.29
USDT 1.00
SBD 6.17