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.


Uniswap Plus Unicrypt - Driving Investment Forward

24 Dec 2020 4 minute read 6 comments Crypto Adventure

  Anyone with experience trading on Uniswap can tell you it’s tricky, to say the least. Uniswap is the world's top DEXs (decentralized exchanges) at this time. The platform rose to fame via a combination of factors, including the ability to seed any...

How to Avoid Buying Uniswap DeFi Scams in 2021

1 Feb 2021 6 minute read 2 comments Crypto Adventure

The fame that DeFi projects have amassed is quite the popularity, especially in the year 2020 after the crypto industry’s growth. There are over 1000 DeFi tokens circulating the crypto markets, with the total market cap set at $34.86 billion. Further...

Helpful Tips To Help Improve Your Crypto Currency Trading Skills

31 Jan 2021 2 minute read 2 comments Godsplan

  Today is another great day and l’m here again to share my experiences and opinions with the the great community. I have being into crypto currency for a while now and have realized so many things. One thing I have realized is that crypto is one of...

Another Good News In The Crypto Community.

3 Feb 2021 3 minute read 3 comments Godsplan

  This recent period has been a great time for crypto currencies and many platforms are greatly updating their earning opportunities to help us earn enough. This time, the good news is from one of the oldest earning sites called FreeBitcoin.co.   Fre...

The Most High-Profile DeFi Projects of 2020

12 Jan 2021 5 minute read 9 comments GetBlock

The outgoing difficult year will be remembered for the rise of the digital assets industry, the upgrade of the Ethereum blockchain project to version 2.0, and the "bull run" of decentralized finance (DeFi). By the end of the year, the Total Locked Va...

The Trading Volume On Crypto Exchanges Is Up | How is the most popular DEX Uniswap doing?

14 Jan 2021 5 minute read 3 comments dalz

Apart from the price, the trading volume is a one of the fundamental parameters in crypto. It shows how true the price is. The bigger the volume the better the price discovery for an asset. Although sometimes there are exceptions 😊. As Bitcoin hit al...

#1 Best Way to Discover Crypto Scams

12 Jan 2021 1 minute read 9 comments AlucardLife

I just discovered a new way to discover FOR SURE if a token in your wallet is a scam. Here's a little story: Andre Cronje, the crybaby genius developer behind Yearn.Finance, was testing another coin yesterday. wYFI (and sil). Scammers use Andre's mov...

Confused about Defi? An Easier Way to Earn Yield on Your Idle Crypto Savings

13 Feb 2021 3 minute read 1 comment Total-Quetzalcoatl

The dream of cryptocurrency is a totally decentralized, trustless, be-your-own-bank model of economic interaction. While bitcoin was the start of this promise, the Ethereum network gave the framework and platform to build the tools for the next steps...

Uniswap site was down because of dependency on Cloudflare, is this really a big problem ?

15 Nov 2020 1 minute read 1 comment ircrp

  Days after Critical Etherum services go down leading to some users being unable to interact with Uniswap via Metamask as a consequence of its default node provider Infura going down for several hours, there appears to have been yet another issue th...

NRG on Uniswap! Swap NRG as NRGE on Uniswap

10 Nov 2020 1 minute read 2 comments Daveyy

Uniswap is a fully decentralized on-chain protocol for token exchange on Ethereum that uses liquidity pools instead of order books. It is currently the best marketplace to swap tokens, create a market, or manage your liquidity pool as Uniswap current...