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.


The Sad Days With Ethereum And Uniswap Transaction Fees Are Getting Over With Binance Smart Chain And PancakeSwap.

25 Feb 2021 4 minute read 19 comments Godsplan

  Hi everyone, today l’m here again to share with the whole community another Important update in the crypto market and this time particularly DeFi. DeFi is a great way to earn passive income but most of us are left behind because of the transaction...

Give Some Attention To The Exchange Tokens: BNB, Uniswap Coin, HT And OKB All Taught Us A Lesson.

21 Feb 2021 5 minute read 29 comments Godsplan

  Hi everyone, I’m here again to spread some good news in the crypto market that maybe many of us might have not taken notice about. If we check generally, l can say the month of February had being a great month for bitcoin and its other alternative...

The Real DeFi Season Is Now Commencing

4 Feb 2021 2 minute read 24 comments Sapphire

Looking BackSome months ago I wrote an article highlighting the idea that the DeFi pump and dump we had just experienced was by no means a fad but just the first leg of a much bigger move. My prediction was that there would be a second wave of DeFi i...

Launching fUNI. Uniswap on Fantom

15 Nov 2020 3 minute read 4 comments Fantom Foundation

The wait is over! We successfully deployed fUNI on Fantom, both as a standalone application at fUNI.exchange and integrated within the Fantom Wallet.   What is fUNI? fUNI is a Uniswap clone deployed on Fantom. Here are the advantages of launching Uni...

Top 13 DeFi Projects That Actually Have Revenue in 2020

9 Nov 2020 5 minute read 22 comments D3F1

With Bitcoin booming toward $16,000, some people say that the prime time of DeFi is over. All that has changed is that Bitcoin has taken the spotlight, leaving not much space for DeFi. Lots of DeFi Dapps are still running smoothly, and a large group...

Uniswap V3 Coming? Possibly Layer 2 Solution Ready? Bullish...

20 Sep 2020 1 minute read 19 comments LiteLiger

UniSwap V3 Coming? Possibly Layer 2 Solution Ready?  After the $UNI stimulus people have been talking constantly about Uniswap and how it has basically grown so much in the past months. Well one point people aren't discussing or mentioning is the fa...

Citibank has published a 108-page report “Bitcoin - The Tipping Point”.

7 Mar 2021 2 minute read 9 comments Sir Loin

Bitcoin - The Tipping Point To date, this is the most serious and voluminous work on the results of the last decade of bitcoin promotion and the most serious forecast regarding the role of bitcoin in the global financial system.  This is a colossal...

Coinbase - LRC/UNI Support & Celo on Earn

3 Oct 2020 4 minute read 38 comments Thomas Wolf

I am pleased to find that Coinbase has launched Loopring (LRC) support in my absence, along with Uniswap (UNI) and a few others.This is an exciting development for me because I understand Coinbase's ERC-20 support and you can send LRC directly to you...

Making Your Earnings, Earn (with Celsius)

29 Oct 2020 6 minute read 35 comments Mynima

Introduction If you read my posts regularly you know I'm always a fan of finding ways for my crypto-portfolio to do a lot of the passive earning for me. I've not the best track record with trading so I'm very much a hodler, but that doesn't mean the...

5 Ways to Get NOW Tokens

5 Dec 2020 3 minute read 2 comments ChangeNOW

Originally published in the ChangeNOW blogIn today’s cryptocurrency market, everybody is trying to beef up their crypto holdings. Actually, there are five ways to do so if you are interested in getting some NOW tokens. Four of them imply using the pl...