Today RCN is excited to announce that the RCN token has already been listed on the automated exchange protocol Uniswap, allowing a wide array of ERC 20 tokens to be used for lending, borrowing and collateralizing loans on the Credit Marketplace.
With more than 60 listed tokens and 17.9 million USD in total value locked, Uniswap currently stands as one of the leading Decentralized Exchanges (DEXs). Thanks to its on-chain liquidity pools system, its users can instantly exchange ETH and ERC 20 tokens without using order books or needing an account. On top of that, its 0.3% fee guarantees some of the most efficient swapping transactions on the DeFi ecosystem.
The first tokens to be listed thanks to Uniswap’s integration will be the DAI and USDC stablecoins. In addition, the exchange protocol will also provide liquidity for the already available currencies on the RCN Credit Marketplace.
Exchange RCN on Uniswap!
Besides enabling new listings, Uniswap allows you to exchange RCN in 4 simple steps!
- Access the Uniswap Exchange.
- Log into your Metamask wallet, click on “Connect” and authorize the operation.
- Choose the currency you want to exchange RCN for and the input or output amount.
- Click on “Swap”, approve the Metamask transaction and enjoy your new funds!
You can find more information about RCN’s other upcoming features on the project’s new Development Roadmap.
Never miss one of RCN’s updates!
- Visit its Official Website & check the Credit Marketplace.
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- Join its community on Telegram.
- Check its code on Github.
- Reach it at contact@rcn.finance & helpdesk@rcn.finance.