Introduction

Function Island DEX is a fork of the Uniswap V2 technology stack, deployed to Pulsechain. Its code has been modified to reflect Function Island branding, and fees adjusted to 0.2% (instead of 0.3% by default). It is the home of most liquidity for Function Island's tokens, as well as tokens belonging to or maintained by partners of Function Island.

Of course, being Uniswap V2 technology, anyone can create a pair - Function Island does not have any restrctions, blocklists or otherwise to restrict your DEX usage.

How do I...

Swap tokens & PLS:

1: In the first token selection field, choose the token you'd like to swap from. Note, if you are swapping a token on Function Island DEX for the first time, you might need to approve the Swap Router to spend your tokens (this is so you can actually swap your tokens!).

2: In the second token selection field, choose the token you'd like to receive.

3: Click "Swap", and approve the transaction in your wallet software. Upon confirmation, your token swap is complete!

✍ NOTE: Every trade on Function Island DEX incurs a 0.2% fee, which is used to provide LP staking rewards as iDAI, to LP Stakers on the DEX.

Provide Liquidity:

Upon navigating to the liquidity tab of Function Island DEX, you'll find two main buttons - "Create Pair" and "Add Liquidity". If you already hold LP tokens for Function Island DEX (marked as "fiDEX-LP"), you will see your positions appear in a list on this page, also.

Creating a Pair:

Adding Liquidity:

Stake LP to earn iDAI:

On the "Farm" page of Function Island DEX, specific pairs of liquidity are eligible to be staked, to earn Island DAI (iDAI). Once you have created the appropriate liquidity tokens, you can stake them and unstake them at any time - you can also claim your iDAI rewards at any time, or withdraw and claim at the same time.

Rewards are powered by various fees and income sources of Function Island's applications and contracts, as well as trading fees from the DEX itself.

⚠️ You should always do your own due dilligence and research on ANY and EVERY token, prior to interacting with it on-chain at all. Not all tokens are created the same, and anyone can create & remove liquidity at any time. Extreme caution should be used when providing liquidity, as impermanent loss can also result from sharp swings in price (this is because of how Uniswap V2 technology facilitates swaps between two tokens).