Yes, this is if you sell MAID in the pool. The MAID price in the pool will fall. The price can never reach 0, so I’ve described how we can create a floor. (on a centralized exchange you can empty the order book for buying or selling, in UniSwap you can’t, because the price changes up or down according to a certain formula)
For example, if we create a pool with 100$ and someone buys Maid for 50$, the price will go up by 50%, and they will only buy 50% of the available Maid. If they buy for another $ 50, they will buy 50% of the available Maid (25% of the original), etc. But they can never buy all the Maid from the pool…
Exactly, 1:1 Omni Maid to ERC20 Maid, you can see how much ERC20 is in circulation and to make everything as transparent as possible see how much Omni MAID is locked-up (which should always be 1:1) on the BTC Address. If you would go to Omni Explorer and check the Omni MAID in there should correspond to the ERC20 in circulation.
It doesn’t work that way. If you sell 23000 PDC you will get 0.99 ETH (and there will remain 46k PDC and 1 ETH in the pool) If you buy for 1.99 ETH you will get 11573 PDC (and there will remain 11427 PDC and 3,98 ETH in the pool):
The price at the moment is 1 PDC = 0.0000856393 ETH, but at this price you can buy only 1 PDC, then the price starts to rise.
You will only be charged ETH for the transaction if your order is fulfilled or if you want to cancel an order.
it costs a little gas to unlock the token.
If you want to use ETH, turn it into WETH first, (It’s a 1:1 conversion) you’ll save 18.4% on fees! This works because internally all ETH is wrapped or unwrapped to WETH inside UniSwap.
You can cut the gas cost by up to 42% by clicking the menu top right, then the dragon (CHI) top left. Costs a little to activate. You have to buy some CHI when gas prices are 2x lower than when you use it in order for it to be cheaper. To monitor when the gas price is low, use this Telegram bot @GasPriceTRackerBot. The command to set the notification is /level and number (for example, if you want to buy CHI when the gas is under 30 gwei, put /level 30):
Having just recently sold 450k of PDC for 0.4BTC (ish, I think, but with btc down before this boom to new ATHs) to a community member on here I’d be more than a bit gutted to see people getting back their BTC equiv investment, but good luck to them I guess, my fault for assuming we’d only ever see some of the fiat value back in a refund situation, not a BTC equivalence or near to it.
I still have 50k left, so I’d not vote against it ofc ;), but after waiting for all these years and having no BTC at all left myself at this point it would hurt. Still, anything back would be something back, I think I stuck 10-20 BTC into it back in the ico lol, how times have changed.
All said and done though, getting back a bit of a bitcoin would be something and I’d be very happy to see anything at all at this point.
EDIT: I had no idea Harmen still held over 500BTC btw, I wish that had been more public knowledge and I would have priced my sale more appropriately at % of that holding. You guys really ought to have been more vocal about the situation. C’est la vie I guess. /shrug
I’m a pretty experienced Uniswap trader and I honestly don’t know where I previously was looking at. Wtf? I used the correct contact address before. Checked it again and got the same as you… 2.94 ETH… All right… good
Used 0x059d44EdD2c15Fd0050fEB8cC97b3E93e5837506 this time