Tezos
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XTZ · 6w

Quipuswap - liquidity protocol for a decentralized token exchange is live on Tezos Carthagenet

For the last half of the year, we have been working hard on the Quipuswap — the protocol that aims to provide an easy interface for a decentralized token exchange on Tezos blockchain. We are proud to share that we have finally reached the milestone where it’s tested and fully working on the Carthage network!

In this article, we will go through several steps explaining how a regular user can interact with Quipuswap exchange.

Interacting with DApps Thanos Wallet UI

In order to interact with DApp on Tezos, you would need a proper wallet — the good part about it is that our Thanos Wallet has DApp support. You can download it from Chrome Webstore or Firefox Addons.

After installing the wallet you have to enable DApps interactions by navigating to Account Avatar → Settings → DApps → Check the checkbox.

Getting Testnet XTZ

The next step would be to put some testnet XTZ into your wallet, so you have funds to test the exchange. You can get a free faucet account and import it (as a Fundraiser Account) into the Thanos wallet from the Tezos Faucet.

Faucet account import guide

After downloading a file, you should put email, password, and mnemonic, from it into the Fundraiser Account Import form of the wallet (Account Avatar → Import Account→ “Fundraiser” tab). After this, you need to activate this account. Go to Settings → Activate Account and put the “secret” field from file to the form and wait after the operation will be complete. We’ll simplify this process in the later Thanos Wallet’s releases to support the file upload 🤭.

Exchanging XTZ to Tokens Screenshot of the exchange process

If you reached this step, you should be able to finally swap your testnet XTZ to the actual FA1.2 token! At first, click on “Connect to a Wallet” and select the preferred account. After that, you have to select XTZ as input and preferred token to be received in the output’s dropdown — and click the Swap button to start the exchange process.

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