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IGG/ETH Listed on UniSwap Exchange!
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IGG/ETH Listed on UniSwap Exchange!

We are excited to share that IG Gold (IGG) has been listed to trade on Uniswap! At this time, you will be able to trade IGG with Ethereum via Uniswap.

Uniswap is the first decentralised exchange (DEX) to exceed $1 billion worth of ERC20 tokens changing hands in 24 hours, making it the third largest exchange by normalised trading volume. Uniswap is on its second version, with the third coming soon. The unique characteristics of AMM (automated market making) exchanges, like Uniswap, are that there are no order books and anyone can contribute to the liquidity of the market and earn from the trading fees.

IGG/ETH Listing on UniswapIGG/ETH Listing on Uniswap

Initial Liquidity Deployment on Uniswap

We will be initially deploying 20 ETH and 12,349,206 IGG into the IGG/ETH liquidity pool on Uniswap. The price of IGG on listing is equivalent price of 0.045 MATIC per IGG, at the time of writing. We intend to continue adding to this pool over the foreseeable future.

Furthermore, on Uniswap, anyone can support the market for IGG/ETH on UniSwap by adding liquidity to the pool. We have recently released details of our UniSwap LP Incentive Program, where we will distribute 15m IGG & 1m ORB to liquidity providers over the first reward period. You can read about IGGalaxy’s LP Incentive program here.

In this introduction of the program, we outline the importance of having deep liquidity and therefore the purpose of the incentive is to encourage our community to add liquidity to the pool. Through providing attractive rewards, we aim to ensure sufficient liquidity is present to reduce volatility and attract new traders and holders.

It is also worth noting that we will also be providing initial liquidity to Matic based DEX’s, supporting anyone who wishes to trade without the fees prevalent on Ethereum. We will update our community on this in due course.

IGG Token Contract Address

Below, we have provided a link to IGG on Etherscan, alongside the contract address:

IG Gold (IGG) Etherscan Link

Contract Address:

0x8FfE40A3D0f80C0CE6b203D5cDC1A6a86d9AcaeA

You will need this to add IG Gold (IGG) as a custom token on MetaMask and also to trade on UniSwap (or any of the other DEX’s).

How to Trade on Uniswap

Here is what you need and how to get started trading on Uniswap:

What you need:

  • MetaMask account - browse extension or mobile app
  • Ethereum wallet with IGG and ETH

Not got MetaMask? Check out our guide on getting set up with MetaMask

How to Trade on Uniswap:

  1. Go to https://app.uniswap.org/#/swap
  2. Connect your MetaMask Ethereum wallet to Uniswap
  3. Click “Select a Token”
  4. Paste the IG Gold (IGG) token contract address provided above
  5. Enter how much ETH you wish to swap for IGG (or click the arrow to flip the pairs if you wish to swap IGG for ETH)
  6. Click “Swap”
  7. Check you are happy with the details provided and then click “Confirm Swap”

How to Add to the Liquidity Pool

To add to the liquidity pool you will also need a MetaMask account, with equivalent value of IGG & ETH tokens in your Ethereum wallet.

How to add liquidity to the pool:

  1. Click “Pool”
  2. Click “Add Liquidity”
  3. Click “Select a Token”
  4. Paste the IG Gold (IGG) contract address provided above
  5. Enter the amount of IGG & ETH you wish to add
  6. Click “Supply”
  7. Check the details provided and then click “Confirm Supply”

FAQs

Why does my transaction keep failing?

  • Slippage - if there is a price change greater than set slippage limit, the transaction will fail.
  • Gas fee - set it to fast in Metamask so there is less likely to be a significant price change

To change your transaction settings for Uniswap, click on the settings icon in the top right. This will reveal the following UI

Uniswap Transaction SettingsUniswap Transaction Settings

What is slippage?

This is the limit you set where if the price changes by more than the set percentage, then the transaction will be reverted.

Where can I see the statistics on IGG/ETH trading pair on UniSwap?

Once listed, you will be able to track the data on https://info.uniswap.org/home

Need Help?

To keep up to date with developments, please follow us on our various social media channels:

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