Latest Posts with Uniswap tag

Uniswap (UNI)

410 Articles 737 Followers

Uniswap Logo
uni
usd

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.


Top 10 cryptocurrencies with the greatest potential in 2021

14 minutes ago 13 minute read 1 comment Freshon

IN SUMMARY Here is my list of the top ten cryptocurrencies to invest in in 2021. These ten 8,000 cryptocurrency projects have some interesting ROI prospects. Macro data indicates that 2021 will be unique for the crypto market. Here's a list o...

Newbie Quest: Understanding Uni(corns)

17 Jan 2021 4 minute read 15 comments Steven_BA

Top 100 crypto-currencies mini-series continues today with the Uni coin. It's been three days since I published the first episode which was about XLM, Newbie Quest: Understanding Stellar Lumens (XLM). Unfortunately, I did not have too much time to po...

Uniswap Protocol Token - A Stable Investment?

17 Jan 2021 2 minute read 0 comments LastWord

While Bitcoin becomes highly volatile and drags all other cryptocurrency downtown, the uni token seems to be resistive of the lead crypto market activities. The bull run early January was the biggest as Bitcoin touched $41k which records it's all tim...

UNI Price Analysis 17 January 2021

17 Jan 2021 1 minute read 0 comments Suryakantdalai

Remember to read the date of this post carefully. In this post, you will get the live price of daily UNI. We also provide you with the UNI's market capitalization, weekly, monthly value, trading volume, peak and lowest prices and trading volume. We a...

How much have I made with XYO/ETH Uniswap Liquidity?

15 Jan 2021 2 minute read 3 comments CarlKid

Introduction About 6 months ago I decided to jump into the liquidity game. I had recently discovered an app called Coin App and of course, I wrote a post about it. Since I downloaded the app many moons ago I have received a total of 61,000 COIN toke...

The Trading Volume On Crypto Exchanges Is Up | How is the most popular DEX Uniswap doing?

14 Jan 2021 5 minute read 3 comments dalz

Apart from the price, the trading volume is a one of the fundamental parameters in crypto. It shows how true the price is. The bigger the volume the better the price discovery for an asset. Although sometimes there are exceptions 😊. As Bitcoin hit al...

Do you have a lot of XYO tokens? [Update]

13 Jan 2021 1 minute read 2 comments CarlKid

Hello All, It has been quite some time since my last post. Today after writing this post [Do you have a lot of XYO tokens?] roughly 6 months ago it is surprising to see what has changed. Since the initial post here is what has changed. Total Liquidi...

IVAN On Tech Cover $YOP & Yopfinance. Will This Upcoming DEFI Crypto Do Well Or Hype?

13 Jan 2021 2 minute read 0 comments surpassinggoogle

  In this crypto ulog and livestream, I will be looking at Yop Finance and $YOP coin for the first time. It ran an IDO on Polkastarter and will list on Uniswap soon. We will look at as many indices as possible to determine if we can project the pote...

#1 Best Way to Discover Crypto Scams

12 Jan 2021 1 minute read 9 comments AlucardLife

I just discovered a new way to discover FOR SURE if a token in your wallet is a scam. Here's a little story: Andre Cronje, the crybaby genius developer behind Yearn.Finance, was testing another coin yesterday. wYFI (and sil). Scammers use Andre's mov...

The Most High-Profile DeFi Projects of 2020

12 Jan 2021 5 minute read 9 comments GetBlock

The outgoing difficult year will be remembered for the rise of the digital assets industry, the upgrade of the Ethereum blockchain project to version 2.0, and the "bull run" of decentralized finance (DeFi). By the end of the year, the Total Locked Va...