What you need
- TIME or ETH or both, depending on what you would like to do, buy, sell or provide liquidity.
- Metamask or another supported Ethereum wallet application.
- Supported Browser (Chrome, Firefox, etc.)
Visit uniswap.org in your browser and click launch App.
Click ‘Connect to a wallet’ in the upper right side of the window, choose your preferred wallet application (We use Metamask in this example) and confirm the operation displayed.
After successfully connecting your wallet with Uniswap, you can choose which two ERC-20 token, or ETH you want to swap.
To buy TIME, you must first search for it by pasting the TIME token contract address in the search field:
Search for TIME token using its contract address. 0x485d17A6f1B8780392d53D64751824253011A260
Then, choose how much ETH you want to exchange for TIME and click Swap
Confirm the Swap and a smart contract will automatically exchange your ETH for the respective amount of TIME. The same can be done between any other token where Uniswap automatically routes the swap through multiple smart contracts.
You can exchange any other ERC-20 for TIME, too.
Provide liquidity for TIME markets
Uniswap allows anyone to provide liquidity for any markets by granting token to so-called pools. Such liquidity providers can accumulate trading fees.
The following describes how to provide liquidity to the TIME/ETH market.
Start by connecting your Wallet to Uniswap as described in the previous part of this guide.
Click Pool and Add Liquidity
Now choose for which market you want to provide liquidity, in our case it’s the TIME-ETH market.
To choose TIME, paste the token contract address in the search field:
Choose how much token you want to lock to act as liquidity, click Supply and confirm.
Note: You always need the same amount of token worth on both sides, e.g $100 in TIME and $100 in ETH.
Chrono.tech is building a comprehensive ecosystem for HR and finance, helping reduce or eliminate the barriers to recruitment and payment processes for both workers and employers.
Join our Chat: t.me/chronotech