DAI Unipool DeFiZap Tutorial.

The easiest & cheapest way to add liquidity on Uniswap using just ETH.

Today we are proud to release our integration with Uniswap which allows for one-click liquidity pooling using just ETH.

Right now, if you want to enter a pool on Uniswap to generate trading fees you need to supply equal values of ETH and ERC-20 tokens.

DeFiZap abstracts the need to obtain those ERC-20 tokens, enter with ETH and (soon) come out with ETH - giving you a clear snapshot of your returns.

Here are a couple of specific guides to help you better understand how this works.

DAI Unipool Zap

Allows you to one-click add liquidity to DAI Uniswap Pool using just ETH.

Why is this important?

  • DAI Unipool Zap cuts the process from 3+ Metamask interactions into 1. Allowing end-users to simply input how much ETH they wish to supply, without worrying about how much DAI is needed to match.

  • Entering with just one token also allows investors to better track returns. Keep in mind supplying liquidity on Uniswap is for experienced traders only, you should fully understand how this works before making any financial investments.

DeFiZap.com UI Walk-through:

STEP 1: Visit https://defizap.com/zaps/unipooldai and click ⚡️USE THIS ZAP

STEP 2: Select your desired buy amount, confirm with Metamask signature and wait for the transaction to settle.

What happens after?

  • Once you receive your ETH/DAI Uniswap Liquidity tracking tokens, you can track your returns on pools.fyi.

  • Withdraw liquidity when desired on uniswap.exchange (e.g. try a week and analyze your ROI).

It’s important to note: when you use DeFiZap, you mint & receive the same liquidity/position tracking tokens as when separately using Uniswap, Compound, bZx, Synthetix, etc. on your own.

DeFiZap doesn’t spread your money into 'top 10 on coinmarketcap' - Zaps infuse capital into DeFi protocols built on top of Ethereum, furthering user adoption.

ENS INSTRUCTIONS:

DAI Unipool Zap smart contract source code has been verified on Etherscan and registered with the Ethereum Name Service under DAIUnipool.DeFiZap.eth so that adding liquidity on Uniswap is as easy as sending a text.

Note: make sure your gas limit is set to 1,500,000


Quick video guide by Chris Blec:

Resources:

⚡️ Introduction to DeFiZap.

💼 Explore available Zaps.

⚙️ DeFiZap Github.

⏯ DeFi Tutorials.

✋ Integration interest form.

Community love:


Disclosure: This is not investment advice. Please consult your own independent investment advisor before making any investment decisions.

⚡️Supercharge your ETH in one-click ⚡️

0ne-click add liquidity to start generating fees on Uniswap using just ETH.

If you want to keep your exposure 100% in ETH you could use sETH Unipool.

This Zap allows for one-click adding liquidity to start generating trading fees from ETH/sETH Uniswap Pool using just ETH.

Why is this important?

  • sETH Unipool Zap cuts the process from 3+ Metamask interactions into 1. Allowing end-users to simply input how much ETH they wish to supply, without worrying about how much sETH is needed to match.

  • Entering with just one token also allows investors to better track returns. Keep in mind supplying liquidity on Uniswap is for experienced traders only, you should fully understand how this works before making any financial investments.

DeFiZap.com UI Walk-through:

STEP 1: Visit https://defizap.com/zaps/unipoolseth and click ⚡️USE THIS ZAP

STEP 2: Select your desired buy amount, confirm with Metamask signature and wait for the transaction to settle.

Total Gas fee: $0.09!

What happens after?

  • Once you receive your ETH/sETH Uniswap Liquidity tracking tokens, you can track your returns on pools.fyi

  • Withdraw liquidity when desired on uniswap.exchange (e.g. try a week and analyze your ROI).

It’s important to note: when you use DeFiZap, you mint & receive the same liquidity/position tracking tokens as when separately using Uniswap, Compound, bZx, TokenSets, Synthetix, etc. on your own.

DeFiZap doesn’t spread your money into 'top 10 on coinmarketcap' - Zaps infuse capital into DeFi protocols built on top of Ethereum, furthering user adoption.

We do not charge any fees, all Zaps are free to use and we don’t control or hold any users funds. If you want to, as someone providing great UI for your end users, you could charge a fee, again that is up to you. Hit us up if you are interested in doing that on discord: https://discord.gg/FjDj3Xf

ENS INSTRUCTIONS:

sETH Unipool Zap smart contract was registered with the Ethereum Name Service under sETHUnipool.DeFiZap.eth so that adding liquidity on Uniswap is as easy as sending a text.

Note: make sure your gas limit is set to 1,500,000.


Quick video guide by Chris Blec:

Resources:

⚡️ Introduction to DeFiZap.

💼 Explore available Zaps.

⚙️ DeFiZap Github.

⏯ DeFi Tutorials.

✋ Integration interest form.

Community love:


Disclosure: This is not investment advice. Please consult your own independent investment advisor before making any investment decisions.

MKR Unipool DeFiZap Tutorial.

The easiest & cheapest way to add liquidity on Uniswap using just ETH.

Nodar.DeFi⚡️.eth@NodarJ
⚡️⚡️⚡️⚡️⚡️~1060 ETH⚡️⚡️⚡️⚡️⚡️deployed into DeFi protocols through DeFiZap in the last 24 hours 🤯 Note: when using DeFiZap, you mint & receive the same liquidity tracking tokens as when using Uniswap, Compound, bZx, Synthetix, Tokensets etc. on your own.
DeFiZap.comG

Nodar.DeFi⚡️.eth@NodarJ

This week we collaborated with @RyanSAdams and @calebsheridan to release #Unipool Zaps. If you want to enter a pool on Uniswap to start earning trading fees, you need to supply equal values of ETH and ERC-20 tokens. DeFiZap abstracts this. He're are some examples: https://t.co/PbcO8hNOzQ

MKR Unipool Tutorial:

One-click add liquidity to start generating trading fees from ETH/MKR Uniswap Pool using just ETH.

Why is this important?

  • MKR Unipool Zap cuts the process from 4+ Metamask interactions into 1. Allowing end-users to simply input how much ETH they wish to supply, without worrying about how much MKR is needed to match or any token ‘unlocking’.

  • Entering with just one token also allows investors to better track returns. Keep in mind supplying liquidity on Uniswap is for experienced traders only, you should fully understand how this works before making any financial investments.

DeFiZap.com UI Walk-through:

STEP 1: Visit https://defizap.com/zap/unipoolmkr and click ⚡️USE THIS ZAP

STEP 2: Select your desired buy amount, confirm with Metamask signature and wait for the transaction to settle.

Total Gas fee: $0.06!

What happens after?

  • Once you receive your ETH/MKR Uniswap Liquidity tracking tokens, you can track your returns on pools.fyi

  • Withdraw liquidity when desired on uniswap.exchange (e.g. try a week and analyze your ROI).

It’s important to note: when you use DeFiZap, you mint & receive the same liquidity/position tracking tokens as when separately using Uniswap, Compound, bZx, Synthetix, etc. on your own.

DeFiZap doesn’t spread your money into 'top 10 on coinmarketcap' - Zaps infuse capital into DeFi protocols built on top of Ethereum, furthering user adoption.

We do not charge any fees, all Zaps are free to use and we don’t control or hold any users funds. If you want to, as someone providing great UI for your end users, you could charge a fee, again that is up to you. Hit us up if you are interested in doing that on discord: https://discord.gg/FjDj3Xf

ENS INSTRUCTIONS:

MKR Unipool Zap smart contract was registered with the Ethereum Name Service under MKRUnipool.DeFiZap.eth so that adding liquidity on Uniswap is as easy as sending a text.

Note: make sure your gas limit is set to 1,500,000 - the transaction will never uses more than 250,000 but this limit is required. We are working out a way to make this more dynamic.


Quick video guide by Chris Blec:

Resources:

⚡️ Introduction to DeFiZap.

💼 Explore available Zaps.

⚙️ DeFiZap Github.

⏯ DeFi Tutorials.

✋ Integration interest form.

Community love:


Disclosure: This is not investment advice. Please consult your own independent investment advisor before making any investment decisions.

SNX Unipool DeFiZap Tutorial.

The easiest & cheapest way to add liquidity on Uniswap using just ETH.

One-click add liquidity to start generating trading fees from ETH/SNX Uniswap Pool using just ETH.

Why is this important?

  • SNX Unipool Zap cuts the process from 3+ Metamask interactions into 1. Allowing end-users to simply input how much ETH they wish to supply, without worrying about how much SNX is needed to match.

  • Entering with just one token also allows investors to better track returns. Keep in mind supplying liquidity on Uniswap is for experienced traders only, you should fully understand how this works before making any financial investments.

DeFiZap.com UI Walk-through:

STEP 1: Visit https://defizap.com/zaps/unipoolsnx and click ⚡️USE THIS ZAP

STEP 2: Select your desired buy amount, confirm with Metamask signature and wait for the transaction to settle.

Total Gas fee: $0.16!

What happens after?

  • Once you receive your ETH/SNX Uniswap Liquidity tracking tokens, you can track your returns on pools.fyi

  • Withdraw liquidity when desired on uniswap.exchange (e.g. try a week and analyze your ROI).

It’s important to note: when you use DeFiZap, you mint & receive the same liquidity/position tracking tokens as when separately using Uniswap, Compound, bZx, Synthetix, etc. on your own.

DeFiZap doesn’t spread your money into 'top 10 on coinmarketcap' - Zaps infuse capital into DeFi protocols built on top of Ethereum, furthering user adoption.

We do not charge any fees, all Zaps are free to use and we don’t control or hold any users funds. If you want to, as someone providing great UI for your end users, you could charge a fee, again that is up to you. Hit us up if you are interested in doing that on discord: https://discord.gg/FjDj3Xf

ENS INSTRUCTIONS:

SNX Unipool Zap smart contract was registered with the Ethereum Name Service under SNXUnipool.DeFiZap.eth so that adding liquidity on Uniswap is as easy as sending a text.

Note: make sure your gas limit is set to 1,500,000.


Quick video guide by Chris Blec:

Resources:

⚡️ Introduction to DeFiZap.

💼 Explore available Zaps.

⚙️ DeFiZap Github.

⏯ DeFi Tutorials.

✋ Integration interest form.

Community love:


Disclosure: This is not investment advice. Please consult your own independent investment advisor before making any investment decisions.

The Ultimate Guide To Synthetix.

Learn about trading and minting Synths through this hands-on tutorial.

For this tutorial I teamed up with one of Synthetix’s power users @DegenSpartan.


What is Synthetix?

Synthetix is a decentralized synthetic asset exchange and issuance protocol built on Ethereum. 

Synthetix Network (SNX) token holders lock up collateral in the platform to issue a wide array of synthetic assets, known as Synths.

The platform currently has forex currencies, cryptocurrencies, commodities and indices. 

Being a Synthetix Trader

The Synthetix Exchange is a decentralized exchange for trading Synths.

Connect with either Metamask or your hardware wallet, and you’re in. No cumbersome registration, log-ins or KYC.

Once you are in, your available ETH and Synths will be displayed on the left. To trade on the Synthetix Exchange, you must have first have Synths and second have some ETH to pay for transactions.

If you do not have any Synths, you can buy sUSD with ETH. Select the amount of ETH you want to sell for sUSD, or the amount of sUSD you want to buy using ETH.

Alternatively, you can buy sETH+sBTC in a single transaction through DeFiZap. Their ‘Moderate Bull’ Zap auto-splits incoming ETH deposits to sETH+sBTC so you can go from ETH to sETH and sBTC in an instant.

This Zap’s smart contract address was registered with the Ethereum Name Service under ModerateBull.DeFiZap.eth so that accessing Synths is as easy as sending a text. Learn more.

After you have acquired any Synth, you can use it to trade into other synths. In this example, I think that the price of ETH is going to go down, so I am selling sETH to buy sUSD.

A prompt will appear and after your transaction is confirmed on the blockchain, your trade is done!

*Available Synths:

  • Forex currencies (sUSD, sEUR, sJPY, sAUD, sGBP, sCHF)

  • Cryptocurrencies (sBTC, sETH, sBNB, sMKR, sTRX, sXTZ)

  • Inverse cryptocurrencies (iBTC, iETH, iBNB, iMKR, iTRX, iXTZ)

  • Commodities (sXAU, sXAG) *psst, gold and silver!

  • Indices (sCEX, iCEX) - a basket of CEX tokens and the inverse of it.

Points to note as a Synthetix Trader:

Synthetic assets are different from real assets in the sense that they are a price proxy of the asset which they are tracking. If you are a Synthetix MakerDAO (sMKR) holder, you would benefit from the price appreciation of MKR and the ease of exchange into other Synth, but your sMKR would not be recognized by the Maker Protocol to be eligible for voting or as payment for your Vault fees.


Being a Synthetix Minter

If you understand the exchange system, you must be asking yourself - “Where do the synths that I buy come from?”.

Mintr is the front-end interface for SNX holders to become minters and generate synthetic assets for the network, manage their staking and collect their share of fees.

Connect with a wallet.

Your screen will bring you to the Home screen that will display all your statistics.

To start minting, click on “Mint” and decide how much you would like to mint. To be eligible for the maximum amount of fees and rewards, you would want to max out the amount that you can mint.

Once the transaction confirms, you should have sUSD in your wallet now. You can use this Synths as you wish, like as capital for trading on Synthetix Exchange.

Every Wednesday, a snapshot of all SNX minters will be taken and they will be awarded fees from the Synthetix Exchange fee pool, as well as SNX rewards. They can both we claimed in a single action.

*Do note that your current collateralization ratio must be very close to the target collateralization ratio, or else you will be locked out from claiming your fees and rewards.*

The burn screen will advise you how much sUSD you will need to burn to bring your collateralization back to the target ratio. If you do not have any sUSD, you will have to purchase sUSD to burn so that you can claim your rewards.

After 2 weeks, any unclaimed rewards will be forfeited and distributed to all the other SNX stakers.

Points to note as a Synthetix Minter:

The process of being a Minter can be quite confusing. Minters take on debt by issuing out Synths and depending on the performance of Synthetix traders, Minters can make profits or losses by staking in the system. A certain degree of understanding of the system and frequent activity to manage debt and claim rewards are necessary requirements to be a good Minter and support the network in a profitable way.


Additional learning resources:

Knowledge Base:

https://www.synthetix.io/

https://synthetix.exchange/

https://beta.mintr.synthetix.io/

https://www.synthetix.io/uploads/synthetix_litepaper.pdf


Once again special thank you to @DegenSpartan for this detailed walk-through!

Feel free to share with anyone who wants to learn more about Synthetix.

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Disclosure: This is not investment advice. Please consult your own independent investment advisor before making any investment decisions.

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