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.

The PHNX token is now live on Uniswap. Trade, or even earn with these simple steps!

8 Jun 2020 3 minute read 7 comments PhoenixDAO (PHNX)

  In order to do this, you need to go through a few steps to make a trade or add liquidity to the Uniswap pool. To make a trade on Uniswap: Go to Uniswap.Exchange (or this direct link to the trading pair here). Download the browser extension, Meta...

How to swap your 1UP on Uniswap.exchange: Few things you need to learn before!

20 May 2020 1 minute read 0 comments alberdioni8406

Uniswap version (2) is live on Ethereum mainnet and with new layout and functions which gives the user a soft browsing and pleasure to interact with the platform. Uniswap is a smart to  smart contract exchange complete decentralized which allow any u...

Uniswap v2 launched

19 May 2020 1 minute read 1 comment favicon

Uniswap launched the long anticipated version 2, and it comes with some neat features. The whole announcement is here, I just want to highlight the feature I like the most. Low risk, impermanent loss liquidity provision. You can now provide liquidi...

Uniswap V2 is live

18 May 2020 1 minute read 1 comment TigerTn

According to Hayden Adams in Uniswap V2 launch blogpost, Uniswap V2 has been deployed to the Ethereum mainnet. What is Uniswap? Uniswap is a decentralized Ethereum based exchange that allows you to do ERC20 swaps,  ERC20 to ETH swaps and ETH to ERC20...

Earn up to 150% APR with Uniswap - really.

9 May 2020 3 minute read 0 comments peterurb

How it is working? Uniswap is a decentralised exchange (DEX) which runs on Ethereum and uses liquidity pools. People have to add liquidity (deposit coins) to Uniswap pool (half of ETH and half of some token) and he will get Uniswap pool tokens (UNI-V...

Centralized vs Decentralized Crypto Exchange Model - Which one is Better? (CEX vs DEX Ultimate Guide)

6 May 2020 3 minute read 12 comments Chris Walker

Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, censorship resistance, and immutability – which are the traits that make crypto so revolutionary and is the reason we invest in them.  However, though cryptos hav...

OIKOS Synthetic Assets- Decentralized Finance (Tron Based)

30 Apr 2020 2 minute read 0 comments EbriDan

•• Abstract  Do you wish to trade peer to peer on a decentralized exchange without any liquidity limits? Using Oikos synthetic assets platform on the Tron network, users can track assets value and trade stocks, fiat currencies, indices which will al...

The best Uniswap pools with steady returns

27 Apr 2020 1 minute read 11 comments DefiMoon

I decided to look into liquidity provision on Uniswap to see if there were any pools that would satisfy my requirements: steady 90-day returns above 1% APR with respectable daily volume. As it turns out, and much to my surprise - most of the pools,...

Bitdreamcompany UP-DATE

26 Apr 2020 1 minute read 0 comments bitdreamcompany

In our last update we have integrated the latest news in the Blockchain world.  section where you can learn about how to create your own ethereum pool among many other ERC20 token where you can be part of its liquidity and be able to take advantage o...

Short PSA: You DO NOT NEED to Use Loopring.io to Trade Your LRC

25 Apr 2020 1 minute read 15 comments Creepto

Over the last couple of days, Publish0x has been flooded with articles explaining how to trade LRC on Loopring.io, extolling its virtues, and promising you $5 if you trade there. I understand Publish0x signed some kind of deal with them. That's why w...