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.

MKR, SOL, UNI... | DCA | Altcoin Day | 06 Nov

6 Nov 2022 1 minute read 2 comments Joao16

For more content like this tip me if you can! thank u :)   Solana Analysis Sol is doing quite nice after a long period of sideways is now trying to break 40$ and make support to then go to 50 if BTC does not go down in the next days. UNI Analysis UN...

Kyiv Ethereum Meetup - 26 November 2022

26 Nov 2022 1 minute read 2 comments Cryptotexty

The full-scale russian war against Ukraine continues, but Ukrainian crypto community is working and growing. Today's meetup was attended live by only 8 people, but others watched online, and the telegram group of Kyiv Ethereum Community has over...

The funniest crypto week of Oct 16

16 Oct 2022 7 minute read 1 comment Dave Sawyer

Cryptonauts, we love you!! And y'all know we love the everlasting gobsmacker that tis the Publish0x!!  Dear readers know we love our punk rock love songs here's a classic But dear readers know most of all, we like the old yuk yuk yuks, the laughs, th...

Advanced Guide On Using Metamask -3

24 Nov 2022 1 minute read 1 comment Rocket24

In the earlier guide, I mentioned how you can safely keep your private keys or your recovery seed phrase. This part of the guide includes adding different chains or network to integrate all wallets in a same place.   Metamask allows users in storing...

Uniswap - The Home of Rug Pull Coins

1 Nov 2022 3 minute read 1 comment cryptogod-1

Good day everybody, Welcome to CryptoGod-1's blog on all things crypto. Today I will be looking at a topic regarding a well known Decentralized Exchange, Uniswap, and how it has been the home of a multitude of rug pull coins. A research paper done by...

How to Optimize Uniswap V3 Concentrated Liquidity with Revert Finance Tools to get more than 60% APR

4 Nov 2022 3 minute read 0 comments Charles Gune

I will show you how to Optimize Uniswap V3 Concentrated Liquidity with Revert Finance Tools to get 60% or more APR on your liquidity. What is Revert Finance?Revert Finance is an analytics and management tools for liquidity providers in AMM protocols...

Getting Started With A Community Owned And Operated Web3 Wallet: Tally Ho!

18 Jul 2022 10 minute read 13 comments ben06x

Crypto is implemented so that it is not controlled by a single entity, but instead computed by global networks of participants, considered as decentralized. It exists a lot of cryptocurrencies in the crypto universe, few have been there since the beg...

BTC, UNI, BNB, LINK... | DCA | December Bump?? | 02 Dec

2 Dec 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   BTC Analysis Btc is currently tying to find some support after the Bulltrap, maybe BTC will fall until 15K support and then we can maybe have a nice bump to higher values to then fall again u...

😱 6000x In A Bear Market. A Story of Candlestick Smart Money Found A 6000x GEM 19 Days Earlier Than The Public

1 Dec 2022 1 minute read 2 comments Candlestick

  We Find Alpha The World Cup has attracted the attention of the whole world. In the crypto world, the first WorldCup-themed token on Ethereum, WCI, was deployed on Sep 26. Almost at the same time that the token appeared, Candlestick Smart Memecoin...

Uniswap Decentralized Exchange New Privacy Policy Says Platform Will Collect User Data – Here’s What’s Included

25 Nov 2022 4 minute read 1 comment Mysuperbart

Introduction You may have heard of the Uniswap decentralized exchange, and if you're like many cryptocurrency holders, you may even use it. But what you may not know is that Uniswap has a new privacy policy that goes into effect on March 1st.   Under...