How To Buy Athens Governance Tokens
In this article, we’ll go over the main steps involved in order to obtain Athens tokens to vote for upcoming StormX governance proposals. We’ll cover the following topics:
- How to Buy Athens(ATH) Tokens
- Swapping STMX for ATH (Athens) Tokens
Buying Athens Tokens
There are two different ways that you might obtain Athens tokens. If you’re already comfortable using Uniswap, then you know that you can swap any token you currently own in your wallet for ATH, but let’s go through how you would start this journey at a centralised exchange first, and then using Uniswap to convert them.
Buying ATH Through a Centralised Exchange
Buying STMX tokens through a centralised exchange such as OKCoin, KuCoin or FTX is fairly straightforward. OKCoin was recently announced as a new place to buy STMX. I haven’t yet tried this exchange, but it has the full blessings of the StormX team.
There is also KuCoin, which I have personally used and can vouch for. You will need to complete a verification step before you can withdraw tokens from your KuCoin wallet, and I presume this is the same for the other central exchanges mentioned above. This is a fairly standard procedure.
Once you have bought the tokens, simply withdraw them to your hardware wallet, MetaMask or other equivalent software wallet.
Swapping For ATH Tokens Using Uniswap
First, you will want to visit Uniswap in order to swap your STMX tokens to ATH. Make sure you have connected your wallet in the top-right corner of the page. If this is the first time visiting Uniswap, you will need to connect your wallet to the app.
Once you have connected your wallet, select the amount of STMX tokens you would like to swap for ATH in the top field.When you first search for the Athens token in the swap field, you will notice that it wont be displayed by default. Import the Athens token from the CoinGecko listing, displayed in the image below.
The official token contract address for Athens is 0x2f9411088cef82fd9fb904eb8092f28eb485c8f6, so just double-check that this address matches what is shown to you in the import popup — just incase.
While the Athens token is deemed as an inactive token by Uniswap, this is nothing to worry about. This is purely down to Athens not yet having reached a total liquidity of 100 ETH, so Uniswap wont show real-time data about Athens yet. In the meantime, if you want to know more about the token stats, you can visit CoinGecko.
Now that you have imported the Athens token to Uniswap. You can see the conversion rate listed below. In this case, 1 ATH is equal to 431.1 STMX.
If this is the first time using Uniswap, you will encounter this prompt for each of the tokens you are swapping. Click “Allow the Uniswap Protocol to use your STMX/ATH” for each instance. There is a small blockchain fee to allow Uniswap to use your tokens — typically lower than a normal gas fee.
We are using MetaMask in this example. When you confirm your swap, the MetaMask window will appear, and you will be required to confirm the transaction through the MetaMask interface.
After clicking confirm within the MetaMask transaction, the Uniswap UI will update, informing you that the transaction has been submitted. Give it a minute or so and you will receive a second notification that the transaction was successful.
So now that you have some Athens tokens in your wallet. You can now use them to vote in the latest StormX governance proposals. You can read more about StormX Governance in my article below.
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