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.


CEX Apocalypse: Coinbase Breached, Binance Cornered. DeFi Is Laughing in the Background

6 hours ago 5 minute read 0 comments CryptoCopyBiker

For years, the message has been loud and clear: centralized exchanges (Kraken, Binance, Coinbase) were the safe bet. They were regulated. They had support desks. If you wanted peace of mind, you stayed with the CEXs. And DeFi? Too risky. Too technica...

Why I’m Betting on UNI Right Now… And What To Expect From Unichain

29 Apr 2025 1 minute read 0 comments BreakdownFab

If you're short on time, watch my crypto video below where I break everything down quickly. Otherwise, stick around — I want to share something personal and (hopefully) super helpful about the UNI token, Uniswap, and the new Unichain. 🚀 What’s All...

Uniswap Introduces Cross-Chain Bridging Across nine Networks

23 Oct 2024 1 minute read 2 comments Crypto Chronicle

Uniswap Labs is the development team of popular decentralized exchange (DEX) Uniswap. They announced nine blockchain networks. This network is using illegal bridge. Uniswap Introduces Cross-Chain Bridging, Source: Twitter As per the X post, this feat...

Fast Bridging For Artists, Developers, Anons And Degens! Across Protocol Is Helping Everyone!

5 Dec 2024 4 minute read 9 comments ArtistByron

I am sure you didn't expect your favorite zombie artist to drop this amazing article about Across Protocol but this is how I roll! Byron is always unpredictable! I am a Canadian artist living, creating mostly horror art. I was shoved hard into crypto...

Telegram CEO Arrested! (HOT)

25 Aug 2024 1 minute read 4 comments CryptoGain

Last night, Pavel Durov, the founder of Telegram, was arrested by French authorities at Le Bourget airport near Paris. This arrest follows a warrant issued by the National Anti-Fraud Office (ONAF) as part of a preliminary investigation. The potential...

I Sold My CAKE—Here’s Why

19 Mar 2025 1 minute read 2 comments BreakdownFab

Yep, I did it. After watching CAKE skyrocket over 40% in the past 24 hours and nearly 70% in a week, I knew it was time to make a move. The pump has been insane, but let’s be real—it won’t last forever. Why CAKE Pumped So Hard: PancakeSwap’s Trading...

Uniswap: The Sassy Sushi Chef of the Crypto Kitchen

24 Apr 2025 1 minute read 1 comment Loki34

Imagine walking into a decentralized sushi bar where you don’t need a waiter, don’t tip, and somehow the fish cooks itself—welcome to Uniswap. It's the OG of decentralized exchanges (DEXs), letting you swap tokens without a middleman breathing down y...

Is Blockchain still secure after uniswap, Aave and compound dapps were hacked

16 Dec 2023 2 minute read 10 comments Ticktalker

The security of blockchain technology has always been a big hype for most people. It has been a thing of great contention and many people have come to believe that this technology is 100% hack proof but how true is that ? In the two decades of the r...

OKX And UniSwap Team Up To Revolutionize Cryptocurrency Trading.

1 Mar 2024 3 minute read 0 comments CryptoEntrepreneurs

The world of cryptocurrencies is constantly evolving and offers new opportunities for investors and enthusiasts. However, it also presents some challenges, such as the high gas fees charged for transactions on the Ethereum network, which especially a...

5 Crypto Trends To Watch In 2024

9 Dec 2023 1 minute read 16 comments BreakdownFab

I recently watched an awesome AMA with Stef Wynendaele, VP of Market-Making at Keyrock, a leading liquidity provider in the crypto space. During the AMA, Stef shared some cool insights into the latest trends shaping the future of crypto. Here's a run...