Trade Dark Energy Crystals (DEC) on Ethereum using Uniswap
If you have DEC in your Ethereum Wallet and want to trade them against ETH (or other ERC20 tokens) you can easily do this using the decentralized Uniswap Exchange. Uniswap operates directly on chain, this means you don't have to deposit your tokens anywhere and you don't even need to create an account.
The exchange can be found on https://uniswap.exchange/swap. The DEC trading pair cannot be accessed by searching for "DEC" (at the time of writing), instead you have to search for the DEC token address which is the following:
0x9393fdc77090f31c7db989390d43f454b1a6e7f3
Alternatively you can directly access it by following this link:
https://uniswap.exchange/swap?outputCurrency=0x9393fdc77090f31c7db989390d43f454b1a6e7f3
Currently the liquidity for this pair is very low (0.0252 ETH + 4992.763 DEC), so converting big amounts might not work very well. You can help to raise the liquidity by depositing DEC and ETH into the smart contract, as an exchange for that you will receive a portion of the exchange fees for that trading pair (0.3%).
More information on that can be found here: https://docs.uniswap.io/frontend-integration/pool
If you have any questions regarding this exchange, leave a comment I'll answer as soon as possbible.
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What is the advantage of using this exchange? It is only good if you want ETH, right? Or are there other advantages as well?
You got me :)
Yeah so there are a few advantages actually. So first of all, as I said in the post, it works directly on the chain, so you don't need to deposit the DEC on to an exchange. What this also means is, you can build your own tools with their smart contracts, for example SL could implement that on their site. It's instant and it has pretty low fees.
I think it's mainly for people who use ETH anyway, but for them it a quick way to buy/sell DEC. Is there even any other Ethereum exchange where you can trade DEC?
Might be a good way to get a little bit of ETH while it is still cheap.
Not as far as I know.
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Hopefully demand for DEC goes up, so I can buy some ETH hahahahaha.