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.


Overlooked ATOM Cosmos Airdrops

20 Feb 2022 1 minute read 0 comments kingscrown

  Buy ATOM from Binance – https://www.binance.com/en/register?ref=10211352 Got any? – Valkyrie VKL airdrop valkyrieprotocol. – https://app.valkyrieprotocol.com/airdrop – STARS Stargaze airdrop – https://app.stargaze.zone/airdrop Want to read my uniq...

🚀Earn 1 hi Dollar daily (Hi Coin Verified Airdrop)! Already listed on CMC & Coingecko

17 Aug 2021 1 minute read 0 comments Crypto_MD

📈Already listed on Coinmarketcap & Coingecko Reward: Receive free 1 hi Dollar daily (for all users) Please follow below steps carefully!1. Register: https://hi.com/CryptoMD2. Free signup with 'Whatsapp' or 'Telegram'3. Referral nickname: CryptoMD4. O...

UNIO Airdrop and Presale Until June 20

17 Jun 2021 2 minute read 0 comments tlutzenberger

Based on an upcoming hardfork from UNI, UNIO will be produced with a total airdrop of 50,000. Great, where do I sign up? So, on the UNIO page there is an entry for two things: the presale and the airdrop. It's important not to be confused by them. Th...

The Uniswap Airdrop Is Now Worth $12,000

18 Mar 2021 2 minute read 0 comments Austin Reihl

Uniswap (UNI) is the world’s leading decentralized exchange (DEX) and automated market maker (AMM) on the Ethereum (ETH) network.   UNI provides means for users to create liquidity pools for any token based on the ERC-20 protocol standard and trade t...

Airdrop and Tokensale During The Telos Main Event On March 1, 2021

25 Feb 2021 4 minute read 0 comments fycee

A TokenSale and an Airdrop afterwards only on Telos! The Telos EVM on mainnet is going to be finally launched and the TLOS ERC-20 Token on Bounce as well, the Telos Network will be giving away all TLOS holders airdrops of the upcoming DeFi projects...

SCAM ALERT: Don't Fall for Uniswap on EOS & new Airdrop of UNI

20 Feb 2021 1 minute read 1 comment xyzashu

Ever since Uniswap's governance token airdrop of UNI in September, 2020; there has been several attempts to lure people with fake second airdrop from UNI. Recently, owing to high Gas fee on Ethereum network, narrative of AMMs moving to second layer o...

FnaticX Airdrop Round 3 - Earn $40 worth of FNX!!!

11 Oct 2020 1 minute read 0 comments Airdrop Dedective

🚀 FnaticX Airdrop Round 3 FnaticX Token is one of the Best token Used as Payment for the Utility Services .Our Token"FnaticX" will be used for utility services like D2h and mobile recharges. Providing utility services  will be the best as there are...

Zebra Defi(ZFI) Airdrop

22 Sep 2020 1 minute read 0 comments TrinityJc

 💹 Spend 3 minutes to win 20 stakes and take the share of 10,000 ZFI ($40,000). 🔥Zebra DeFi, A decentralized Yield Farming Dapp with Referral Rewards On TRX. 🚀2000% APR on ZFI Yield Farming DAPPStake $ZFI and earn $ZFI. 5% daily returns and over 2000...

UNI Second Round Airdrop Scam?

22 Sep 2020 1 minute read 0 comments eprolific

The news of UNI is everywhere after the airdrop, many telegram bots where now conducting UNI airdrop, on Twitter you could see UNI airdrop and the headline baits: If you miss the UNI Airdrop...Do you miss the UNI airdrop... They are pure scams. I bum...

UNIA Airdrop ends May 10 - Just need an ETH Wallet address to take part

4 May 2021 1 minute read 2 comments LoveCrypto

For those interested - the UNIA Airdrop ends May 10. At that point they will disperse tokens and be listed on various exchanges. Their site claims states they will be available on Uniswap, Binance, and Huobi. You just need an ETH Address to take part...