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.


🏆 Top dApps by Active Users in May

25 May 2022 1 minute read 1 comment Dapp.com

  Unlike vol rankings (Ethereum & BNB chain dapps dominate), top dApps ranked by active users are from different blockchains.   TRON Network Zethyr Exchange leading with 5.9M monthly active users Tron dapps ranking   BinanceSmartChain - PancakeSwap...

🚀 $REQ skyrockets 20% in 24h. Is this the start of its rebound? How far will the price go up?

25 May 2022 1 minute read 0 comments Candlestick

  Is this the start of its rebound? How far will the price go up?   $REQ Net Buy Amount- Net buy surged 1,592% to a 3-month peak.- The buy amount is 1.08x of the sell amount. A strong buying power pushed the uptrend.   $REQ Trading Volume with Size...

😎 Level Up Your Crypto Trading! 🎉 Candlestick Beta Launched!

18 May 2022 1 minute read 1 comment Candlestick

Candlestick Beta Launched! Now you can check all the token metrics & signals on Candlestick!  If you are a whitelisted user, you will gain full & unlimited access to all the metrics from T0 - T2. We have sent emails to the winners of the reserved 50...

😎 How to Trade Smarter?

17 May 2022 1 minute read 0 comments Candlestick

  Comprehensive Candlestick covers 99% data on Ethereum, ensuring that you can gain complete signals into Liquidity, Dex Trading, Buying & Selling power. Candlestick supports 40+ Dexs, including Uniswap V1/V2/V3, SushiSwap, ShibaSwap, 1inch, 0x, et...

DEX meaning—What is Uniswap, PancakeSwap, and a DEX in general?

11 May 2022 1 minute read 1 comment coinpassglobal

Decentralized Exchanges (DEXs) are vital parts of the crypto world, but how do they work, and how can you try them? In this article, we’ll simply explain what makes these systems tick, and illustrate what they are all about with real-life examples....

FTM, BNB, UNI and BTC | Chart Analysis | PANIC! | 08 MAY

8 May 2022 1 minute read 3 comments Joao16

For more content like this tip me if you can! thank u :)     BTC Analysis BTC reject EMA500 for the first time and now we are going to probably get a Big bear market, the next support is 30K which is a very good support and iin my opinion btc is gonn...

Gaps in DeFi regulation : class-action lawsuit against Uniswap begins

26 Apr 2022 3 minute read 5 comments MRDOWJONES

“Developers can embed a Uniswap trading window in any app with one line of code, while a class action lawsuit alleges the exchange promotes unregistered securities” -Blockworks Contributor Macauley Peterson In English: At one point or another we’ve f...

UNI, BNB, LUNA and Maker | Chart Analysis | It's going To Break or Not? | 26 APR

26 Apr 2022 1 minute read 1 comment Joao16

For more content like this tip me if you can! thank u :)   LUNA Analysis LUNA is holding above EMA56 and is trying to break above 100$ if it does that then we could have the continuation of the bull market, but if otherwise it can't break then it's t...

UniSwap(UNI): The boldest pink unicorn in the world

13 Apr 2022 2 minute read 6 comments Eddyc

  Greetings friends; With bold joy that I present the most well-regarded and daring protocol in the crypto world. In its development there was v1, v2 and currently v3 but my goal is not to explain what we can find in the access links and I recommend...

Watch Out! Crypto Whales Are Swimming in Ethereum (ETH) Waters

15 Mar 2022 1 minute read 5 comments Michael @ CryptoEQ

If you want more cryptocurrency analysis including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to CryptoEQ.io to make your first month of CryptoEQ just $10! Or simply...