DEC joins the Uniswap Liquidity party

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We all knew it was just a matter of time before someone else got on the Uniswap party. The success of Leo is obviously too much for everyone else to ignore. In this post I suggested that second layer tokens will begin a sort of internal competition between themselves, and Splinterlands listing of DEC is sort of what I had in mind.

Splinterlands announced the creation of the DEC-ETH liquidity pool yesterday. In pretty much the same way Leo did theirs, Splinterlands offered up some big rewards for creating liquidity and you can find everything you need here.

The rewards vary from lands to gold foil legendary cards, amongst many other things.

If you're a trader, this is probably the best time to start getting your DEC orders in before the bullishness begins. If you're a gamer like me, then just fight more ranked battles to get your self into a favourable position for the potential bull run.

The best part about creating liquidity on Splinterlands is that Eth is already linked to the game, so all you need to do is add your wallet address through the game front-end.

Here's how to participate source

In order to participate, you will need to provide liquidity to the DEC/ETH Uniswap pool. Providing liquidity requires you to commit an equal dollar amount of DEC tokens and ETH tokens to the pool.

How to transfer DEC to Eth walletsource

Note: There's a 1000DEC transaction fee to account for gas fee on Ethereum.

  • Click on your account name on the top right of the page
  • Choose the "Link External Wallet" option
  • Select "Ethereum" on the left side
  • Enter your wallet address or click "Find my address" to pull it from Metamask
  • Click "save"
  • Click on your DEC balance at the top of the page
  • Enter the amount of DEC you wish to transfer
  • Choose "Ethereum Wallet" from the drop-down
  • Click the "Transfer Out" button

How to Provide Liquiditysource

  • Go to this URL: https://app.uniswap.org/#/add/0x9393fdc77090f31c7db989390d43f454b1a6e7f3/ETH
  • Enter either the amount of DEC or ETH tokens that you would like to commit to the pool (it will calculate the amount of the other token that needs to be contributed so that the total dollar value of both tokens are equal)
  • Click the "Approve DEC" button and approve the transaction to allow you to use your DEC tokens on Uniswap (this only needs to be done the first time you provide liquidity to the pool)
  • Wait for the approval transaction to confirm on the blockchain (this can take some time)
  • Click the "Supply" button and approve the transaction to supply your DEC and ETH tokens to the liquidity pool

I'm going to be going hard on my ranked battles, and I'm sure lots of others will be too. Since the collection power thingy, the game has been very competitive, and I expect the level of competition to increase. Who do you think will be next to join the liquidity pool?






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10 comments
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Everything is actually making too much sense. Seems 2020 got a lot to offer after all.

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

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