New Function “Lab” Releases!
From May 31, 2023, a new function “Lab” has been released within My Crypto Heroes. Lab is based on Uniswap V3 and allows you to buy and sell in-game crafting materials via a liquidity pool.
This article provides a brief introduction to Lab’s features. For detailed specifications of Lab, please refer to the following.
Ref 1: My Crypto Heroes Help(Lab)
Ref 2: Uniswap Labs Official Blog
1. Providing liquidity
You can provide liquidity by contributing GUM to each material pool. Please also refer to the following documents for setting the price range when providing liquidity.
Ref 1: My Crypto Heroes Help(Lab)
Ref 2: Uniswap Labs Official Blog
Once liquidity is added, users will use that liquidity to trade the material. Depending on the result of trading, GUM added to the pool may change into material.
If the material is sold within the price range you offer, you will receive a liquidity provision fee income. You will not get the fee when materials are purchased. Please check the help for details.
2. Selling Materials
First, select Lab from the in-game Market tab, choose the material you want to sell from the “unselected” tab, enter the quantity and swap.
If no liquidity pool is made, the material cannot be traded.
3. Buying Materials
When GUM is provided as liquidity and the materials are sold, the materials are accumulated in the pool. Then you can buy the materials from the liquidity pool. You can swap by entering the material and purchase quantity in the same way as selling.
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