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.


QFS and what's to come

22 Oct 2020 2 minute read 2 comments alquimista1501

Now more than ever I have full confidence in Bitcoin and cryptocurrencies. Besides representing a system of financial freedom, it is an emancipatory element even for the system and the structure of many countries. I begin with this introduction and u...

What is DeFi & How to earn on Yield Farming?

21 Oct 2020 8 minute read 5 comments Guarda Wallet

What is DeFi? DeFi or decentralized finance stand for financial applications and services that use smart contracts. DeFi is a decentralized, open-source, and trustless ecosystem of financial applications and services based on various blockchains. The...

New Chromium Zero-Day bug under exploitation in the wild

26 Oct 2020 1 minute read 2 comments ircrp

  Users of browsers based on Chromium such as Chrome, Brave, Netbox and many more are advised to upgrade their browser. A new vulnerability tracked as CVE-2020-15999 with yet undisclosed details to the public is currently thought to be putting Chromi...

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...

DCA Dollar cost averaging into Bitcoin or other cryptocurrency

27 Oct 2020 2 minute read 1 comment Permabull

Dollar cost averaging (DCA) is an investment strategy that aims to reduce the impact of volatility on your Bitcoin purchases. From Wiki: By dividing the total sum to be invested in the market (e.g., $100,000) into equal amounts put into the market at...

PayPal ... will no longer be a rumor

22 Oct 2020 1 minute read 2 comments alquimista1501

Surely the news of the day, even though there was already an indication that this payment processor would enter the cryptographic world, its news can be considered as the strongest fundamental that has to help, in part, to drive the price of Bitcoin...

DEX Token defined

20 Oct 2020 7 minute read 6 comments Dave Sawyer

Hey cryptofans, we adore you.  And your kids and friends and parents, too!  Thanks for starting to try to separate church from state from money.  At first glance, DEXToken seemed to be another real head scratcher.   DEXtoken thinking popped up in 201...

UNI Price Analysis 22 October 2020

22 Oct 2020 1 minute read 1 comment Suryakantdalai

Remember to read the date of this post carefully. In this post, you will get the live price of daily UNI. We also provide you with the UNI's market capitalization, weekly, monthly value, trading volume, peak and lowest prices and trading volume. We a...

The Best Exchange [Uniswap]

21 Oct 2020 5 minute read 0 comments qsyal

Hey, Publish0x community Today, I'll share my thoughts on an exchange that has blown my mind during the last few weeks. Contents:1 The importance of decentralized exchanges2 What is UniSwap?3 What makes uniswap different from other dexs?4 How can I m...

Presearch now on Uniswap!

19 Oct 2020 1 minute read 4 comments Presearch

The Presearch Community is excited to announce that Presearch PRE tokens are now available for purchase and sale on the largest decentralized crypto marketplace, Uniswap. Following the recent PRE token swap conducted to combat the KuCoin hack, the n...