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.


Lending, a Category of Active Inclusion

1 Nov 2020 1 minute read 0 comments alquimista1501

It is always good to remember the benefits that decentralized finance (DeFi) has contributed throughout this year. Since this period is an interesting period to remember in our history, the great contribution that this cryptographic branch has had in...

Making Your Earnings, Earn (with Celsius)

29 Oct 2020 6 minute read 35 comments Mynima

Introduction If you read my posts regularly you know I'm always a fan of finding ways for my crypto-portfolio to do a lot of the passive earning for me. I've not the best track record with trading so I'm very much a hodler, but that doesn't mean the...

Smart Advertising Token SaTT Wraps SaTT (WSATT) Optimized for Uniswap

24 Oct 2020 2 minute read 0 comments Bit Media Buzz

Following their successful ICO, smart advertising marketplace project SaTT did not immediately list their token onto Uniswap as previously announced. Instead, a delay was communicated to their users to wait for a wrapped SaTT. The SATT token has rece...

A Pair of Extremely Expensive Socks

16 Feb 2021 1 minute read 0 comments alquimista1501

Non-fungible tokens (NFTs) are themselves a relatively new concept that forms and creates a new derivative of economics. They reflect the construction of a digital identity that gives reasons to expand in new ways the concept of blockchain technology...

Uniswap Liquidity Mining Has Ended

17 Nov 2020 1 minute read 2 comments bruhhurb0912

It's been a long few months since UNI's arrival. The governance token sparked new interest in the exchange, causing UNI's price to soar to $5 as 400 tokens were airdropped to anyone who interacted with the protocol before September 1 (I was 5 days la...

The 5 Most Lucrative Trading Pairs for UniSwap Liquidity Providers in 2020

14 Nov 2020 5 minute read 1 comment Crypto Adventure

Decentralized Finance (DeFi) and decentralized exchanges have witnessed insane growth in recent years. Decentralized exchanges (DEX) offer several benefits, including access to a broader array of trading pairs to lower trading risk, lower transaction...

Comparing Crypto Swap Exchanges

12 Nov 2020 3 minute read 12 comments Scott Cunningham

Given Metamask just came out with the ability to perform swaps through their wallet, I wanted to take some time to review swap exchanges and compare them. The key things to keep in mind are the cryptocurrency prices and the network fees on each excha...

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...

Google discloses a Windows Zero-Day vulnerability

31 Oct 2020 1 minute read 1 comment ircrp

  Security researchers from Google's Project Zero have disclosed Windows exploit which is yet unpatched and thought to be actively used in in the wild to exploit Windows operating systems. The vulnerability is tracked under CVE-2020-17087 and combine...