Uniswap Complements Decentralized Exchanges

  • Exchange rates for an ERC20 token are calculated based on an equation:
    x * y = k . The exchange rate of a token will always be at a particular point lying on the resulting curve of this equation.
  • k is a constant value that never changes, whereas x and y represent the quantity of Token A and Token B available in a particular exchange that ultimately determines the exchange rate.
  1. Very suitable for small and quick token-to-token swap
  2. Meet the needs of token issuance by small teams
  3. Perfect for tradings that don’t require registration and authorization
  4. Enrich the variety of tools thanks to its open database
  1. Not suitable for big transactions, as it highly depends on liquidity and has high slippage.
  2. Makes it easier to do evil, as there it doesn’t require any verification process.

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TokenPocket

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Crypto&DeFi Wallet on BTC, ETH, BSC, HECO, TRON, Polkadot, Kusama, Klaytn, HSC, EOS, etc. APP download link: https://www.tokenpocket.pro/

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