# How to IERC Swap

IERC Swap is a modular built on top of the ERC-20 protocol. It allows users to swap, provide liquidity, and earn inscriptions directly. Currently, the exchange only supports trading between $ETH and $ethi inscription pairs, additional trading pairs will be added soon.

**IERC Swap consists of:**

**Swap** - the trading interface for executing swaps on IERC Swap and locking inscriptions to the platform's custodial address.

**Pools** - the liquidity provider interface, where LPs can add liquidity to IERC-Swap pools.

**Transactions** - interface for users to view the past IERC-Swap interactions. 

### 1. Connect your wallet

Go to <https://app.ierc20.com/swap>. First, you need to connect to your wallet and switch to the Ethereum mainnet.

### 2. Click on the "Swap" tab at the bottom of the main page

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Enter the amount of $ethi you desire to swap.

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Check the "Slippage Tolerance" setting, the slippage tolerance is set at 0.5% by default. Adjust it if necessary to account for potential price changes during the transaction.

### 3. Approve and Comfirm to Swap

In order to swap on IERC-Swap, converting inscriptions to ERC20 tokens, you must first lock inscriptions to the platform's custodial address.&#x20;

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Swap confirmation to add the liquidity pool and the corresponding amount of $ETH required will pop up.&#x20;

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Note that IERC Swap requires you to add an equivalent value of both tokens.

### **4. Verify the Swap**

Once the transaction is successful, you should see the updated  balances in your wallet.

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You can check the "Swap" or  transaction history section to confirm the successful swap.