Latest Posts with Uniswap tag

Uniswap (UNI)

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UNI is the governance token behind Uniswap - a decentralized exchange that launched in November 2018. It created by Hayden Adams after being inspired by a post from Vitalik Buterin (Ethereum co-founder) suggesting for developers to create this kind of platform. 

The Uniswap Protocol, built on top of the Ethereum blockchain, allows users to easily swap between any ERC-20 token in a completely decentralized manner. This means that users have the option to easily trade Ethereum-based tokens directly from their own personal wallets without the need to give up custody of their funds throughout the entire process.

It can be described as an Automated Market Maker as it allows users to provide liquidity to the pools on Uniswap in order to allow the trades to be facilitated. As a result, the Liquidity Providers can gain commissions from the exchange fees when trades are conducted on their pools. Currently, the exchange fee is set to 0.4% per trade which is distributed amongst the liquidity providers. 

The protocol consists of two smart contracts on top of the Ethereum blockchain, the Factory contract, and the Exchange contract, that are both totally open-source - meaning anybody can take a look at the code and conduct their own review of it to make sure there are no bugs or ‘backdoors’. 

The UNI token, the governance token for the Uniswap Exchange, was air-dropped to users on September 17th, 2020. It was distributed to traders that had used the Uniswap exchange before September 2020 in batches of 400 UNI tokens without any announcement. 

One billion UNI were minted, 60% of which were distributed to Uniswap users. 21.51% was allocated for team members and future employees, 17.8% to investors, and the remaining 0.069% was allocated to advisors.

In this tag, you can discover UNI (UNI) news, price prediction, opinion, and analysis created by users.


ALTCOIN SEASON HERE AGAIN?

4 hours ago 9 minute read 0 comments trevorbalthrop

Hello, out there in the world of Crypto! My name is Trevor and today I have HUGE news for Alt Coins and Crypto!"Well, come on now Trevor! What's the big deal?"Hodl your horse's people, I will get to that in a minute I promise 😅But first!If you like...

Liquidity Mining For Dummies (Smart Yield Farming)

5 hours ago 6 minute read 1 comment yunsik

INTRODUCTION Liquidity mining has become a huge aspect of the pioneering De-Fi space that continues to grow in not only size, but also in innovation. Despite the "amazing returns" that many platforms tout, being a liquidity provider comes with a set...

Pancakeswap Vs Uniswap: Which one trump's the other?

8 Apr 2021 1 minute read 1 comment MadMaxx

Trading doesn't have to be hard at all. The market just dumped, and many of you were caught in the dump, losing your money. This shouldn't happen at all. To start making money in the markets, you can join my inner circle of traders. I give daily mark...

Get DeFi rich in 3 steps: Pancakeswap, Uniswap,

6 Apr 2021 2 minute read 0 comments MadMaxx

Here's a little secret I want to share with you: You're missing out! "On what Max?", you ask. "What am I missing out on?" Well, I'll tell you. FREE profits! You see, you haven't enrolled to get my Uniswap bot, that has just 5 units left. And that bot...

Top 10 Biggest Crypto Gainers (05-04-2021)

5 Apr 2021 1 minute read 3 comments Fizz on my Jayce

Top cryptos in Defi, Binance Smart Chain, Polkadot, NFTs, and the overall market that are the biggest gainers today, April 05, 2021.   Top 10 DeFi Coins   DeFi is short for “decentralized finance,” an umbrella term for a variety of financial appli...

The Comprehensive Guide To Uniswap

5 Apr 2021 3 minute read 7 comments Austin Reihl

Amidst the rising popularity of decentralized finance (DeFi), Uniswap (UNI) is definitely among those occupying the center stage. Following the peak in 2017 after substantially rapid price appreciation, initial coin offerings (ICOs) saw their doomsda...

According to my opinion, the first 5 coins of March 2021

4 Apr 2021 3 minute read 0 comments Shahzad Noor

Here I will discuss some trending and top coins of march 2021. As we know that the month of March has ended so here are some coins which performed well in this month. Let's start our count down.   IOST Token   The first one in our counting is the IO...

Uniswap and PancakeSwap: Guide For Dummies

3 Apr 2021 1 minute read 1 comment StarkMatan

Picture this, you've encountred a cool project, with a low market cap, a dedicated team of developers, a roadmap of momentous updates, a large community and a low-entrance price for the coin. You've done your research and want to try your luck and bu...

March 31st: Penis NFTs, Elon Bot, Uniswap fake volume

31 Mar 2021 1 minute read 2 comments Dahveed

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Uniswap V3 – The Potential Game Changer

31 Mar 2021 3 minute read 4 comments paragism

Uniswap V1 was launched in November 2018. It was the first proof-of-concept for Automated Market Makers (AMM) and became a hit since its launch due to its novelty. V2 was launched in May 2020 and the upgrade brought significant structural improvement...