An overview of ERC20, the token standard that promotes interoperability across the Ethereum blockchain network and its many applications.
There are also many other dollar-backed stablecoins, such as USDT (Tether), Dai (DAI), and TrueUSD (TUSD). For a more detailed explanation of stablecoins, see our article USDT vs USDC: Which stablecoin should you use? Is USD Coin divisible? Like the fiat currency it’s pegged to, US...
500 USDT in ERC20, and you plan to do 10-20 payments, the best thing you can do now is to transfer full amount of these 10-20 payments to a cheaper chain in a single transaction (and note that ETH blockchain fees are fluctuating from 0.7 to 3 USD during the day, so you might w...
To minimize impermanent loss, stick to pairs where the price relationship is relatively stable, like stablecoin pairs (e.g., USDC/USDT). The trade-off is fewer profits from fees, but it’s a safer bet.Next up: slippage tolerance. When you swap tokens on Uniswap, you’ll notice a ...
It is an interface for exchanging ERC20 tokens built on Ethereum. It was launched in November 2018. It is dedicated to enabling free and decentralized asset exchange by serving as an open-source frontend interface for traders and liquidity providers. ...
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Uniswap is one of the largest decentralized exchanges (DEX) by total value locked with more billions in the platform under its unique “versions” that focus on different tokens like ETH and Polygon. The platform offers functionality with Ethereum and thousands ofERC-20tokens and staking in liqui...
Uniswap is a decentralized exchange hosted on Ethereum blockchain. It means that the token uses the local standardization called ERC-20. Therefore, the DEX list and supports any token that is also an ERC-20 token. Uniswap also has smart contracts that are used to create and operate on the...
Tether (USDT) is a good example of tokenization, as it is astablecoin bringing liquidityto crypto bypeggingto the value of the US dollar. Tether tokens are issued on various blockchain networks, providing users with a digital representation of fiat currency. ...
Part of the Series What Is Ethereum and How Does It Work? What Is ERC-20? ERC-20 is the technical standard for fungible tokens created using the Ethereum blockchain. A fungible token is one that is exchangeable with another token, whereas the well-known ERC-721 non-fungible tokens (...