Swap Program
Swap
Before using automated market makers (AMM), ensure you understand their functions and potential risks.
Access Swap in NUMINE App
Choose the Source and Destination Tokens
From the upside menu, select the token you're swapping and In the downside menu, pick the token you want in return.
Input the amount of the source token to swap.
Review and Swap
Check the estimated destination token amount.
If satisfied with the details, hit the "Swap" button.
Swap FAQ
How does Swap work?
Swap utilizes the UniswapV2 protocol, a decentralized system for automated liquidity on Ethereum.
It facilitates token trading without order books, and liquidity providers earn fees.
Is there a fee for swapping tokens?
No, NUMINE Network treats fees as a donation.
How can I provide liquidity?
TBA
What risks come with AMMs like Swap?
AMMs(automated market makers) can be efficient but may pose risks like impermanent loss, especially for liquidity providers. Always research and understand these risks before any transactions.
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