Blurt to ETH (wrapped Blurt) then add liquidity to UniSwap.

in business •  4 years ago 

This is an update for Blurt to ETH (wrapped Blurt) to uniSwap.
The service is an extension of BLURT to HIVE to ETH (wrapped blurt or wblurt) to UniSWAP, alpha release.


Image from https://QUE.com

Please NOTE: The service still under maintenance to resolve the error transferring to ETH.
“Error while sending ERC-20 token, refunded: Error: Returned error: nonce too low, details: {"depositAmoun
t":"1000.134","address":"0x9850f65c8728196A315f9b5bb4bA409bc279b33e","sender":"shares","time":"2020-11-12T04:35:05.11
0Z"}”

The infura service is having an issue at the moment. I will keep testing the code, once stable I will post another update.

For the time being, you can see the progress of the project to the following websites.
https://SwapToken.com - Checking status of services.
https://blurt.swaptoken.com for Blurt to ETH (wrapped Blurt)

Two ways to make a transfer from Blurt to ETH (wBlurt). Once we go live, this is how you transfer your blurt to ETH wrapped Blurt, then add liquidity to uniSwap.

First Option. If you have an existing Blurt at Hive-Engine.com, you can simply send a blurt coin to @blurtswap account with the minimum 200 BLURT with your Ethereum Address as memo.

Website: From Hive-Engine.com, transfer Blurt to @blurtswap
Sender: Your HIVE account
Receiver: blurtswap ( no @ sign)
Memo: Your ETH Address ( make sure you double check it, there is no REFUND)

To check the status of transfer, visit block explorer link https://he.dtools.dev/@blurtswap

Second Option. Using Metamask connected to https://blurt.swaptoken.com website.

You will see a form, BLURT to WBLURT
Enter your ETH Address (where you will receive your wrapped Blurt)
Enter the amount of BLURT. The minimum amount is 200 Blurt, minus ETH transaction fee.
Enter your Blurt account name, click OK to see the estimated amount of WBLURT.
Click OK to proceed, then Metamask click CONFIRM.

If all is good, WBLURT will be transferred to your ETH address.
If the transaction is failed, the fund will automatically refund.

Again, BLURT to ETH (wrapped blurt) status still Under Maintenance.
This is just to give you a quick update, more tests to make sure.

Additional information about BLURT to WBLURT, vice-versa.
When you send BLURT to ETH it will mint a wrapped BLURT.
When you send WBLURT to your blurt account (to Hive-Engine), it will burn wblurt.

Hopefully, the transfer service will be up very soon. Wait for my next update.

Thank you for reading. Special mention to @fbslo for assistance, highly appreciated providing open-source project.

@Yehey Witness Projects

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Visit https://blurtwallet.com/~witnesses scroll down till you see @Yehey, click the upvote button to vote. You can also use the form to vote or set me as your proxy.

Thank you for reading. Stay safe and Stay Healthy. Health is Wealth.
@yehey

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Sort Order:  
  ·  4 years ago  ·  

Hi @yehey, thanks for this development. I am always pleased to see new things being created on Blurt. I do have a concern that we already have a working WBLURT product produced by @wehmoen and already has liquidity in it funded by several people, will there now be two WBLURT tokens and contracts with the same name on the Ethereum chain? Won't that be confusing for users and dexes? Also won't the liquidity be fragmented across the two? Is there a way for co-operation between the two projects?

  ·  4 years ago  ·  

It will not be a conflict due to different contracts, and no additional BLURT will be created on the fly. It will be minted from blurt to ETH (wrapped blurt) and burn from wrapped to HIVE.
This is simply an extension to support BLURT investors at Hive-Engine.

  ·  4 years ago  ·  

I think this version is better security wise as it uses ETH burn function IMO.

  ·  4 years ago  ·  

Let there be more projects so that users have a choice for whom to trust (of course,, there is an element of trust for wrapped coins!).

It's up to the project operator to devise ways to get adequate liquidity to sustain the volume on AMM / DEX.

  ·  4 years ago  ·  

Is it available to exchange blurt in uniswap???

  ·  4 years ago  ·  
  ·  4 years ago  ·  

Is there any incentive to provide liquidity to this contract?

  ·  4 years ago  ·  

Thank you @blurtdev.

  ·  4 years ago  ·  

That's the goal.
Fixing minor script and soon we are going live. You can see the website in progress at https://blurt.swaptoken.com

  ·  4 years ago  ·  

Thank you for the updates. I like that it uses ETH's burn function. Looking forward for its release.

  ·  4 years ago  ·  

Your post has been manually curated by @freevoter !! Keep sharing your quality content in Blurt Blockchain heart

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  ·  4 years ago  ·  

Great news, I cannot wait !

Great Man, you are doing it awesome, much appreciated
Keep up the good work
Blurt ON!

  ·  4 years ago  ·  

Awesome tutorial, well done @yehey and congratz Blurt - time to burst off to Blurtopia!!!

  ·  4 years ago  ·  

Congratulations for your constant work, you are always creating and generating good ideas. My best wishes.
Good vibes.

Congratulations, your post has been curated by @r2cornell-curate.

Manually curated by @melissaofficial

Also, find us on Discord (https://discord.gg/BAn2amn)
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  ·  4 years ago  ·  

This was helpful, I'm heading to your discord now

  ·  4 years ago  ·  

Nice one! Thank you for this info.