Uniswap token imported warning, security risk?

JNMaven

I would like to buy more MPH for my account. However, when I clicked on the link provided in the FAQ (https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x6369c3dadfc00054a42ba8b2c09c48131dd4aa38), a warning pops up on the Uniswap website:

//Token imported
Anyone can create an ERC20 token on Ethereum with any name, including creating fake versions of existing tokens and tokens that claim to represent projects that do not have a token.
This interface can load arbitrary tokens by token addresses. Please take extra caution and do your research when interacting with arbitrary ERC20 tokens.
If you purchase an arbitrary token, you may be unable to sell it back.//

Can someone please elaborate on the meaning of this message? Is there any security risk associated with exchanging MPH with ETH?

Any help is appreciated. Thanks!

Joshua

denis

JNMaven Hi Joshua,

Good question! In short no, there are no token risks. MPH is a standard ERC20 (a provably safe protocol) and our token has been externally audited.

Long Answer: You're seeing Uniswap's generic warning when clicking a direct link. There is always a risk that scammers will post links to fake tokens, Uniswap wants to prevent users falling for that. Uniswap shows this message for every token! Here's a link to swap USDC, and you will see the same warning.

Some ways to stay safe:

Only use links from our app or our website (check for morpher.com domain before clicking)
Make sure the token address is: 0x6369c3dadfc00054a42ba8b2c09c48131dd4aa38

And for reference:

JNMaven

denis Hello, Denis.

I have swapped my ETH with MPH and would like to deposit them into my Morpher account. However, after the swap, it doesn't show up anywhere. I also can't seem to find a guide or manual on the details and steps to depositing. Would you be able to help me out? Thanks!

JNMaven

Thanks for the information. Good to know!