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...

Iceburg is a deflationary yield farming protocol that promotes a vibrant community led ecosystem

24 Dec 2020 4 minute read 0 comments JaksHitam

Yield farming, moreover insinuated as liquidity mining, is a way to deal with produce prizes with cryptographic cash assets. In essential terms, it suggests making sure about advanced types of cash and getting rewards. In some sense, yield farming ca...

What will V3 bring to Uniswap?

19 Dec 2020 2 minute read 5 comments ManuelAR

The birth of the Uniswap protocol in November 2018 brought about a revolutionary new way of trading ERC-20 tokens in a decentralized way. This protocol employed a novel mechanism that solved various problems facing market makers. It didn’t take long...

Syntlayer : Revolutionizing Defi (RFI + ITS) fork

18 Dec 2020 1 minute read 1 comment Cyph3rpunk

  Syntlayer is a new Defi project which is a fork of Reflect Finance(RFI) and Iteration Syndicate(ITS) with a burn mechanism after each rebalance. Developed by akshaynexus (developer behind Relayer Network) Before jumping into how Syntlayer works,let...

Bitcoin's Whitehouse Connection - Part 2

18 Dec 2020 1 minute read 0 comments rmsadkri

As I have mentioned in my previous post, things are spicing up at the White House in relation to Bitcoin and Crypto. We have a senator-elect who publicly announced her own pocket of BTC and has selected the senior staff to be experts in the crypto sp...

convert Ampleforth token to ETH using coinbase wallet and uniswap

17 Dec 2020 1 minute read 11 comments

Maybe, if you are reading this, you will have some Ampleforth tokens in your publish0x account, and maybe you wonder how you can change it to another token. Then you are in the right place. This post tries to explain to you how to convert Ampl to ETH...

Top 10 Predictions About The Future Of The Crypto Exchanges

17 Dec 2020 3 minute read 1 comment Ruma

Centralized exchanges like Binance and Huobi have ruled the crypto exchange landscape for the long term. Their tokens have been highly valued. Launching tokens in their platforms had become a statement and had an immediate impact on Token prices. How...

Bitcoin's Whitehouse Connection

17 Dec 2020 1 minute read 4 comments rmsadkri

The White House is always powerful. Whether you and I believe or not, it is considered an epicenter of the global policies on all issues. The White House will be at the front and center of all global political discourses. Yes, Bitcoin and crypto too...

The Best UniSwap Tools To Enhance your Trading in 2021

16 Dec 2020 5 minute read 3 comments Crypto Adventure

When talking about decentralized exchanges, you can never miss mentioning UniSwap, the all-inclusive platform allowing users to trade all ethereum based tokens through their web-3-wallets. This platform is among the tools that have impacted the growt...

Uniswap Introduces Sybil, a Governance Tool for Delegation

16 Dec 2020 1 minute read 0 comments Abhimanyu Krishnan

The Uniswap team on Dec. 15 revealed a new tool for governance that helps users discover delegates.  Sybil links on-chain addresses to digital identities to maintain a list of delegates, “allowing delegators to discover and engage with their communi...