1

I was looking into how swaps for Uniswap V2 worked. I was looking at their website and they showed an example with 3 tokens being swapped into 1. However, I was having some difficulties understanding the example.

They say that the fee for trading is 0.3%, but in the illustration they say that it works out to 0.03 in additional tokens that must be added. Isn't this 3% or am I missing something?

Improve this question

1 Answer 1

Reset to default
1

Uniswap v2 swap fee is 0.3%, the text is correct, the illustrations wrong.

Improve this answer
2
  • So just to be clear, 1.003 * 3 = 3.009 should be the total amount added to the pool?
    – Ozzy08
    Oct 25, 2022 at 13:04
  • @Ozzy08 that looks correct.
    – kfx
    Oct 25, 2022 at 15:53

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.