Prv on uniswap?

Hey @Brakley

We are not planning to list PRV token on the Uniswap in the nearest time. But, soon we will finish Uniswap integration to the Incognito pDEX, that will allows anyone to trade absolutely anonymously using Uniswap liquidity pools. :slight_smile:

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This sounds awesome. Kyber first and now uniswap fantastic. May I also whisper a recommendation to integrate 1inch.exchange ? :sunglasses:

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Thanks @walkonwayvs
Sure, we will keep it in mind :wink:

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I can confirm @CryptoDabber710 is the most active on twitter and he already brings quite a lot of eyes on Incognito.

Guys, please be more active on Twitter and Reddit. @Ducky we definitely should have a special badge for @CryptoDabber710, the community should know our heroes :slight_smile:

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Thank you so much for the kind words @andrey. I’m happy to do whatever I can to help incognito grow. This is an amazing project and a more amazing community. If the community is what makes a project then we got gold. Keep up all the great work everyone.

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@Ducky @ning @andrey

Social Media Maven?

maven

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I haven’t shilled an altcoin as much as I’ve shilled PRV in a really long time. I haven’t been so bullish on a coin since I first learned about ETH.

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awesome, @Mike_Wagner. here we go:

Screen Shot 2020-07-22 at 5.25.20 PM

thank you @CryptoDabber710!

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Hi Ms @Ducky
With the new uniswap how can I tell uniswap is selected in trades? I’ve looked through alot of pairs and all default to Kyber or incognito.
Thanks

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I’ve noticed a difference it’ll say powered by Incognito, powered by Kyber Network, powered by Uniswap after you selected the coins you’d like to trade.

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Hi @CryptoDabber710
Which two did you select to get it to say powered by Uniswap?

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Hey @kichoman
Here is how the architecture looks like. Basically trader chooses a pair and the pDEX provides a pair with the best swap rate.

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We do keep working on improvements. There were some ideas on the forum in terms of what should be improved.

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Hi @andrey
Thank you for the layout makes complete sense now. I really thought I was doing something wrong good to know Kyber is still offering some good rates. :nerd_face:

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Important to keep in mind that those rates do not include the trading fee difference yet. We try to figure it out to make it more intuitive and user friendly.

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1.inch integration sounds like a good idea. If we keep adding dex’s we will be 1noneofyo’buisness

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I think 1inch would be good integrating an aggregator.

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What if we create a PRV wrapped pToken, and have pTokens.io handle the 1:1. Then PRV would be tradeable on the other DEX’s. Which would mean the other liquidity pools are directly integrated into the incognito pDex.

When users go to exchange PRV for another token, the other liquidity pools are directly added to Incognito’s pDEX price. Incognito would be an aggregator DEX for all the other DEX’s but with the benefit of adding privacy.

Since PRV would be an ERC-20 Token, we wouldn’t have to actually pay the fees to use the liquidity on the other DEX’s. Basically we can cheat a little.

Imagine adding the the whole amount of liquidity that one of these DEX’s offer, to stabilize the price of any ERC-20 Token in the Incognito pDex. Since they have liquidity for both sides of the pair, (PRV <-> Any ERC-20 Token) we just pretend they added it to the pDex. When a user buys a coin with PRV, the amount of the other coin comes directly out of the Incognito pDex. Normally this wouldn’t be possible because we don’t actually have that much liquidity in the incognito pDex, but since you can convert PRV to an ERC-20 version 1:1, technically it’s recoverable on one of the other DEX’s. This would just mean that Incognito isn’t really holding on to your coins anymore, this job would be distributed to the other DEX’s.

This would change the whole structure of Incognito though, and it may not be the best move. The incognito pDex would have to hold a decent stockpile of each coin to pull this off. This would mean the current liquidity would have to be distributed evenly between them.

I was just exploring what the possibilities were of implementing something like this. Currently, I like how Incognito is, but I think it’s cool to explore new ideas.

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Damn Revolve now that is a hell of an idea…hmmm… :sunglasses:…but yea there is that one lil issue…Incognito would have to hold a decent stockpile of each coin and that concerns me cause what happens when there be price changes to those coins Incognito would have to be holding could that not affect the overall valuation of Incognito?

If I remember correctly that’s something Andrey, Ducky, and the rest of the team and community were thinking about doing. It’s been discussed a few times but it’s not a necessary thing for development. It will happen in time and really the community members could possibly do that. A bunch of community members who’d like a wrapped Ethereum token could pool together the PRV and go to zap, ptokens, trust swap, or a different wrapping service. I’m emailing Aircoins about doing something with PRV in augmented reality. If there’s anything that comes out of it I was going to bring it to the community further.

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If PRV can list on Uniswap, It gonna be huge

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