Oct 8, 2020

7 min read

yPLT Handbook #1: UniSwap Listing & PlutusSwap launch — yPLT手册#1:UniSwap上市和PlutusSwap发布

Join us on our journey to Mount Olympus! 加入我们的奥林匹斯山之旅!

Cryptocurrency is complex and DeFi products can be complicated to many users. Fret not! PlutusSwap team will be publishing step-by-step instructions to provide you with a simple and seamless yPLT journey. Here’s part 1 — if you are new to the space!

With our recent UniSwap listing and PlutusSwap launch, users will be able to start earning yPLT by staking UniSwap LP tokens on PlutusSwap. Don’t forget that yPLT pools on PlutusSwap will reward you with 10x rewards, so get your yPLT fast and provide liquidity on UniSwap today. For more information about yPLT, click here.

Quick update on Post-UniSwap Listing events:
yPLT/ETH locked for 1 year

yPLT/USDT locked 1 year

yPLT Burnt

Time-lock Contract: Updating soon. Meanwhile, you can track our main wallet movement here.

This article will guide you through how to BUY yPLT on UniSwap and be an LP (Liquidity Provider). Once you have the LP token from UniSwap, you are all set to earn more yPLT on PlutusSwap!

Content in this guide:

Fiat to Crypto
First of all, you will need to have ETH. If you don’t already have ETH, proceed to a fiat to crypto exchange such as Coinbase and buy Ethereum. Do take note that you will need an equivalent dollar value of ETH and yPLT to provide liquidity on UniSwap and receive LP tokens. For example, if you wish to buy 5 ETH worth of yPLT and be an LP on UniSwap, you will need 10+ ETH in total. 5 ETH worth of yPLT and 5 ETH(10+ because there will be gas fees…)

Now that you have ETH in Coinbase, you will need an open-source ERC20 wallet. We will use MetaMask as an example since most DEXes adopt it. To learn how to create a MetaMask wallet, click here: Set-Up Metamask.

Once you are done with the setup, write down your secret phrase and memorised your password, you’ll see a MetaMask wallet Ethereum address — you can use this address to send or receive Ethereum or any ERC20 token.

Now copy your MetaMask wallet address and log in to Coinbase that holds the ETH. Send the ETH from Coinbase to MetaMasks.

Next we need to add yPLT as a token to MetaMask so that you can see your yPLT balance later. Open MetaMask and click “Assets”, scroll to the bottom and then click “Add Token”, then click “Custom Token” and paste in the yPLT Contract Address, which is 0x40E7705254494a7E61D5b7c86da50225DDc3DaAE.

Click “Next” and it’ll be added to your MetaMask wallet. This step is important so that your yPLT balance will be reflected on MetaMask after you buy yPLT on UniSwap.

Now log in to Uniswap to buy yPLT.

Swapping ETH for yPLT on UniSwap
Before we start, not all users are accustomed to DeFi products. For new users’ benefits, we will explain what is UniSwap. If you are already an expert, bear with us and skip this part.

Uniswap is an AMM protocol for ERC20 tokens.

What is AMM?
Centralised exchanges maintain an order book and facilitate trades between buyers and sellers. On the other hand, automated market makers (AMM) are smart contracts that create a liquidity pool of ERC20 tokens, which are automatically traded by an algorithm rather than an order book. AMM will effectively replace a traditional order-book with a system where assets can be automatically swapped against the pool’s latest price. Uniswap smart contracts hold liquidity pools of multiple ERC20 tokens, and trades are executed directly against these liquidity pools. Prices are set automatically using the constant product market maker (CPMM) mechanism (x*y=k), which keeps overall reserves in relative equilibrium. Reserves are pooled between a network of liquidity providers who supply the system with tokens in exchange for a proportional share of transaction fees.

Uniswap’s liquidity pools can consist of only two pairs, which can then be paired against any ERC20 token. Uniswap asset prices are automatically set by the pool balance, and pool participants must deposit an exact 50% ratio between the two assets in order to join the pool.

Ok, I think I’ve touched on most of the key info of how UniSwap works. If you wish to find out more about UniSwap, there are plenty of tutorials available online! Now let’s dive into swapping for yPLT on UniSwap.

How to swap yPLT on UniSwap- UniSwap yPLT/ETH or UniSwap yPLT/USDT
1. Go to Uniswap:

2. Connect to a wallet (Choose your preferred wallet supported on UniSwap. We use MetaMask and yPLT/ETH as an example). A pop-up window would appear showing your wallet account, choose the wallet then click “Next” and “Connect”. MetaMask will now pop up asking you if you trust the site and want to continue. Click Yes. Now your wallet is connected to UniSwap and you can now swap for any ERC20 tokens listed on UniSwap!

3. On the Swap tab, choose the amount of ETH you want to swap for yPLT. Select yPLT by clicking the down arrow under “Token”. A list will appear and you can select “yPLT”, or if yPLT is not shown, paste the contract address of yPLT — 0x40E7705254494a7E61D5b7c86da50225DDc3DaAE

Uniswap will display an estimate of how many yPLT you would receive after the swap. To confirm, click “Swap”.

4. After the transaction is confirmed on the Ethereum network, you will now be able to see the yPLT credited on your MetaMask wallet and your ETH balance will decrease.

Now that you have both yPLT and ETH in your MetaMask wallet, you can now contribute to the UniSwap yPLT/ETH liquidity pool and receive your LP tokens. You will need the LP token before you can start farming more yPLT on PlutusSwap.

How to get UniSwap LP tokens?
1. Stay on the Uniswap page where you bought yPLT and click the “Pool” tab. We will be using yPLT as an example here. But PlutusSwap will accept LP tokens from other pools as well. Here is the list of farms on PlutusSwap -

Uniswap LP yPLT/ETH (x10 rewards)

Uniswap LP yPLT/USDT (x10 rewards)



Uniswap LP UNI/ETH





2. Click the “Add Liquidity” button. Select ETH and click “Select Token”, then just paste the yPLT contract address in the search box, then select “yPLT”.

3. Type the number of yPLT you have in your wallet in the yPLT box and the ETH value will adjust accordingly. The key to liquidity pools is that you create them with equal monetary values on both sides. ETH value must match the monetary value of the yPLT.

4. Now click “Approve yPLT”. MetaMask will popup again, asking you to confirm, click “Approve” and take a quick nap (if the Ethereum network is congested).

5. Once your transaction gets confirmed on the network, you’ll receive yPLT LP tokens. Your yPLT and ETH will be added into the liquidity pool. You can always withdraw initial liquidity from UniSwap and earn transaction fees. Meanwhile, you can also earn additional rewards on PlutusSwap. With the UniSwap LP token, you can deposit it on PlutusSwap and stake to earn MORE yPLT!

Farming on PlutusSwap
We will publish another guide for you to learn how to deposit your LP tokens and farm on PlutusSwap. Don’t forget to follow our channels for the latest development and update.

Who is behind yPLT?
Since 2015, we have been a diverse group of pragmatic individuals and idealists. We believe that the key to unlocking economic equality, prosperity and financial freedom lies in developing strong Fintech use-cases on cutting-edge Distributed Ledger Technology. Most importantly, we are neither a chef nor food. We aspire to bank the unbanked, bringing fundamental financial rights to billions of individuals across the globe. We want to unbank the banked, stripping away the financial prison that many in the first world are enslaved to.

We are the followers of the great Plutus.

Plutus Capital
Telegram Channel
Telegram Group

加密货币非常复杂,对于许多用户来说,分散式金融DeFi产品可能很复杂难理解。不过, 别担心!PlutusSwap团队将发布分步指导,为您提供一个简单而无缝的yPLT旅程。

随着我们最近的UniSwap上市和PlutusSwap的推出,用户将能够通过在PlutusSwap上质押UniSwap LP代币开始赚取yPLT。别忘了,PlutusSwap上的yPLT资金池会给你10倍的奖励,所以请尽快获取你的yPLT并在UniSwap上提供流动资金。作为PlutusSwap(最终是整个Plutus生态系统)的治理代币,yPLT代币持有人可以对提议进行投票,并决定我们生态系统的未来发展。有关yPLT的更多信息,请单击此处




首先,您需要有ETH。如果您还没有ETH,将使用比如Coinbase交易所,购买以太坊。请注意,您将需要等值的以太币和yPLT,以便在UniSwap上提供流动性并接收LP代币。例如,如果您希望购买价值5以太币的yPLT并成为UniSwap的LP (流动性提供者),您总共需要10+以太币, (5以太币的yPLT, 和5以太币+手续费)。


一旦你完成创建钱包,记得写下你的秘密短语和记忆你的密码。然后, 你会看到一个MetaMask钱包以太坊地址 — 你可以使用这个地址发送或接收以太坊或任何ERC20货币。


下一步,您需要将yPLT添加到MetaMask中,以便以后可以看到yPLT余额。打开MetaMask,点击“Assets”,向下卷动到底部,点击“Add Token”,点击“Custom Token”,粘贴yPLT合同地址: 0x40E7705254494a7E61D5b7c86da50225DDc3DaAE。


现在, 登录Uniswap购买yPLT。









现在你的MetaMask钱包里有yPLT和ETH,你现在可以向UniSwap yPLT/ETH提供流动资金,并接收你的LP代币。在开始在PlutusSwap上种植更多yPLT之前,您需要LP代币。

如何获得UniSwap LP代币?


Uniswap LP yPLT/ETH (x10 奖励)

Uniswap LP yPLT/USDT (x10 奖励)



Uniswap LP UNI/ETH





点击“Add Liquidity”按钮。选择ETH,点击“Select Token”,然后在搜索框中粘贴yPLT合同地址,然后选择“yPLT”。


现在单击“批准yPLT”。MetaMask将再次弹出,要求您确认,单击“批准”。(如果以太坊网络拥塞, 您可以小憩一下)

一旦您的交易在网络上得到确认,您将收到yPLT LP代币。您的yPLT和ETH将被添加到流动性池中。您可以随时从UniSwap提取初始流动资金并赚取交易费用。同时,您还可以在PlutusSwap上获得额外奖励。您可以在PlutusSwap将UniSwap LP代币存入和质押以赚取更多yPLT!


我们将发布另一个指南,让您了解如何在PlutusSwap上存放您的LP代币, 以及如何在PlutusSwap上赚yPLT。