🦄 Uniswap Token Listing
Our first exchange listing is here, on the best decentralized exchange: Uniswap. This is our Initial DeFi Offering, with over $300k USD in liquidity supporting the MPH/ETH market.
👉 You can buy or sell MPH directly on Uniswap. Easy buy/sell in the trading app coming soon.
🏛 Deposits and Withdrawals Enabled
Finally you can withdraw and deposit MPH! Withdrawal is a two step process (move from sidechain, claim on Ethereum) that we've simplified into about 3 clicks. It took a while and this is a big technical milestone for us too. With the bridge and syncing between the two chains (Ethereum and us), you can always recover your trades funds if Morpher is ever to permanently go down.
🤓 Ethereum Needed
You'll need ETH to perform the withdrawal or complete a deposit. This is to cover Ethereum gas/transaction fees, nothing we can do there. We charge 0 fees, but blockchains and exchanges don't.
⚠️ High Gas Fees
Most of us crypto nerds have noticed the insane amount of Ethereum activity, which means the Ethereum blockchain is congested and expensive $$$. To complete a withdrawal can take over $20, please keep that in mind if you're trying to redeem an airdrop reward similar/smaller. Sorry, this isn't us, it's the nature of blockchain technology in 2020. Centralized exchange listings will help with this 👇
💵 Fiat Soon
Uniswap is just the first token listing, more coming soon. They will come with better fiat/currency options and will help solve some of the ETH and gas fee problems that we currently have.
📚 MPH Token Guide
This is a great time to get a refresher on our token economics (tokenomics): Token Owner's Guide. It's only about a page of reading.
Yield Farming: If you want to take part in the high yields some are making in DeFi, think about Uniswap liquidity pools. Come join the MPH/ETH liquidity pool and earn everytime someone buys/sells on Uniswap.
Tasteful Uniswap themed gif insert below: