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.


Liquidity Pools 101 - How NOT to Lose Money

29 Mar 2021 4 minute read 3 comments GabrielHaines

      What is a Liquidity Pool? Liquidity pools are paired crypto assets that are pooled together to facilitate the trading of particular token or coin sets on decentralized trading exchanges. The funds are provided by the various contributors and t...

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...

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...

E&S: UNI, Decentralized Trading Protocol

21 Mar 2021 2 minute read 4 comments MikeZillo

Good Sunday Publish0x community and welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. In this article we talk about more features of Uniswap! Last Sunday I introduced you Uniswap (UNI) and, if you remember,...

ALTCOIN SEASON HERE AGAIN?

11 Apr 2021 9 minute read 3 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...

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

8 Apr 2021 1 minute read 2 comments 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...

The Cause Of The Cryptocurrency Crash Has Been Found! A Twitter By FXHedge

18 Apr 2021 2 minute read 6 comments Willson-Deng

On April 18, there was market news that the US Treasury Department would accuse several financial institutions of using cryptocurrency to launder money. The news came from a popular Twitter account, FXHedge, which alerted a total of 122,700 follower...

Next Generation Cryptocurrency ...

27 Mar 2021 2 minute read 0 comments Nas.A

  Hello to my friends who love life and keep smiling despite all kinds of negativity. In this article, I will talk about the next generation ETF cryptocurrency "TENSET". I wanted to tell you about a cryptocurrency that caught my attention. First of a...

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...

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

5 Apr 2021 1 minute read 5 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...