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Hey everyone, today in this video we’ll be creating Uniswap v3 pool and adding liquidity to it.
Links:
Code link: https://github.com/vikas-viki/create-uniswap-pools
Uniswap discord: https://discord.com/invite/uniswap
uniswap deployed addresses: https://docs.uniswap.org/contracts/v3/reference/deployments
Claim testnet tokens: https://www.youtube.com/watch?v=1HfudeS0crg
Hope you enjoyed the video and if it was helpful, make sure to like the video and subscribe to the channel.
Thankyou
#uniswap #pool #hardhat
date : 2024-02-08 09:07:26
views : 1525
likes : 28
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Summary: Creating a Uniswap v3 Pool and Adding Liquidity with Hardhat
In this video, a Web 3 DeFi tech editor demonstrates how to create a Uniswap v3 pool and add liquidity using Hardhat. The process involves creating two tokens, WDS and YT, and deploying them using Hardhat’s deploy tokens command. The tokens are then used to create a pool on Uniswap v3, which is a decentralized exchange (DEX) that allows users to trade tokens.
The editor explains the variables required to create a pool, including the token addresses, pool fees, and price ratio. The pool fees are collected when tokens are swapped, and the price ratio determines the ratio of tokens that can be exchanged. The editor also explains the non-fungible position manager contract, which is used to manage the pool’s liquidity.
The video demonstrates how to create a pool using Hardhat’s create pools command, which deploys the pool and initializes it. The editor also shows how to add liquidity to the pool using the add liquidity function, which transfers tokens to the pool and generates a non-fungible token (NFT) for the added liquidity.
The video concludes with a demonstration of the pool’s functionality, including the minting and approving of tokens, the creation of the pool, and the addition of liquidity. The editor emphasizes the importance of having enough funds in the wallet and adding the private key to the env variable to complete the process.
Interesting Web3 Facts:
- Uniswap v3 is a decentralized exchange (DEX) that allows users to trade tokens in a trustless and censorship-resistant manner.
- Hardhat is a popular tool for developing and testing smart contracts on the Ethereum blockchain.
- Non-fungible tokens (NFTs) are unique digital assets that can represent ownership of a specific item or asset.
- Decentralized finance (DeFi) refers to financial services and systems that operate on blockchain technology, such as lending, borrowing, and trading.
