Latest Posts with Uniswap tag

Uniswap (UNI)

294 Articles 255 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.


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...

Top Things You Should Know About Uniswap (UNI)

1 Oct 2020 9 minute read 13 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the popular decentralized on-chain token swap protocol – Uniswap (UNI). Uniswap is a decentralized protocol for automated liquidity provision on Ethereum. It enables users to se...

How To Earn UNI On Uniswap

16 Oct 2020 5 minute read 14 comments Guarda Wallet

What Is Uniswap? Uniswap is a kind of a decentralized protocol for automatic liquidity based on Ethereum. Frankly speaking, Uniswap allows you to automatically sell and buy ERC-20 tokens relying on its ability to change the value of tokens. Why Shoul...

Uniswap - Earn Crypto On Your Crypto

1 Oct 2020 1 minute read 12 comments cryptoforcanadians

I might be a bit late to the party with this post but better late than never.  But that's fine though because I'm sure there are still people out there who don't know what Uniswap is or who haven't even heard of it before. If you're one of those peop...

Presearch now on Uniswap!

19 Oct 2020 1 minute read 4 comments Presearch

The Presearch Community is excited to announce that Presearch PRE tokens are now available for purchase and sale on the largest decentralized crypto marketplace, Uniswap. Following the recent PRE token swap conducted to combat the KuCoin hack, the n...

Dark Energy Crystals (DEC) are Now on Uniswap!

2 Oct 2020 7 minute read 3 comments Chris Roberts

Get Your Yield Farm On! Splinterlands is extremely excited to announce that the Dark Energy Crystals (DEC) token now has a Uniswap pool where it can be traded for Ether (ETH) tokens. Even more importantly, DEC holders can use their tokens to add liqu...

DEXPRO - A Next-Generation Uniswap Add-on

5 Oct 2020 4 minute read 1 comment Crypto Adventure

As decentralized exchanges such as Uniswap continue to gobble up more market share, now, more than ever, traders need access to advanced tools. Uniswap is sweet in terms of security but it lacks sorely when compared to centralized exchanges in terms...

QFS and what's to come

22 Oct 2020 2 minute read 2 comments alquimista1501

Now more than ever I have full confidence in Bitcoin and cryptocurrencies. Besides representing a system of financial freedom, it is an emancipatory element even for the system and the structure of many countries. I begin with this introduction and u...

What is DeFi & How to earn on Yield Farming?

21 Oct 2020 8 minute read 5 comments Guarda Wallet

What is DeFi? DeFi or decentralized finance stand for financial applications and services that use smart contracts. DeFi is a decentralized, open-source, and trustless ecosystem of financial applications and services based on various blockchains. The...

A Comprehensive Guide To Liquidity Providing and Impermanent Loss – Part 2

1 Oct 2020 4 minute read 1 comment Violet64

Welcome to part 2 of my guide to everything about LPs and IL, you should read part 1 first here.   A deeper dive into Impermanent Loss As discussed in part 1, IL is experienced when the price of two assets in a liquidity pool changes relative to each...