Consider I have a custom Erc20 Token which already lists in CEX(centralized exchange like huobi). Then I add liquidity to Uniswap to make it tradable with initial exchange price. However this token is not popular and even no one trades it in Uniswap, while the price in CEX changes daily, then how can I keep the price same with CEX?
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1 Answer
You need to do a traditional order book based market-making yourself to keep it the price in sync with any centralised exchange.
- Make buys/sells on Uniswap
- Move tokens to a CEX
- Sell/buy tokens on a CEX to move the price
... or do it in a reverse order.
answered Sep 9, 2020 at 9:32
