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.


DCA Dollar cost averaging into Bitcoin or other cryptocurrency

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New Chromium Zero-Day bug under exploitation in the wild

26 Oct 2020 1 minute read 2 comments ircrp

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21 Oct 2020 8 minute read 5 comments Guarda Wallet

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22 Oct 2020 2 minute read 2 comments alquimista1501

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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...

Happy Farmer

8 hours ago 1 minute read 0 comments afronomad.eth

Happy Farmer is a very unusual experiment. We bring together wildly popular DeFi yield farming and. actual farming! Staking crypto in our Uniswap pools, you earn more than 100% a year in HPF tokens. And a part of the proceeds from trading fees goes t...

zLOT Finance

13 hours ago 1 minute read 0 comments 528Beats

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Monero's Oxygen Orion Upgrade Successful

18 Oct 2020 1 minute read 4 comments ircrp

  As of 18th of October 2020 the upgrade branded by Monero as Oxygen Orion has finally went live as planned, exactly two months after being first announced by the Core Developers. The upgrade focuses on new technological changes most notably deliveri...

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...

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...