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.


StableCoins Are Unstable? The Story Behind Investors Selling FEI

17 Apr 2021 7 minute read 1 comment Willson-Deng

FEI Protocol, a StableCoins project supported by many mainstream venture capitalists, hopes to build a StableCoins anchored 1:1 with the U.S. dollar and create a StableCoins protocol that will directly use its tokens to purchase assets instead of usi...

Diluting Your Cryptocurrency Privacy - UNITED STATES v GRATKOWSKI

16 Apr 2021 6 minute read 1 comment kev_nag

INTRODUCTION: A brief review of the facts of this case is warranted. In US v Gratkowski, 964 F. 3d 307 (5th Cir, 2020), the defendant became the subject of a federal investigation in relation to a parallel investigation of a child pornography website...

Why I’m bullish on ZERO (0.exchange)

15 Apr 2021 1 minute read 0 comments redcat

-It’s likely going to be a quintadex very soon. Likely one of the first on DOT. Sure there will be other Dexs launching there, but they won’t be as developed as ZERO at the time of launch and won’t have all of the bridges from other ecosystems to bri...

My First Mistakes

15 Apr 2021 3 minute read 3 comments john harding

Hello and thanks for reading. This is the second instalment of my blog.   This is where I discovered there is a steep learning curve in the crypto world.    I decided I would build my crypto portfolio some more and continue to stake. This time I deci...

The Ceiling is Breaking!

13 Apr 2021 1 minute read 0 comments The Lynx

This "is Unlike any Market debut Wall Street Has Ever Seen" is the headline of today's article on CNCB.com. This is in reference to Coinbase (COIN) going public tomorrow. Why would a cryptocurrency exchange go public? This chart says everything:   T...

ALTCOIN SEASON HERE AGAIN?

11 Apr 2021 9 minute read 3 comments trevorbalthrop

Hello, out there in the world of Crypto! My name is Trevor and today I have HUGE news for Alt Coins and Crypto!"Well, come on now Trevor! What's the big deal?"Hodl your horse's people, I will get to that in a minute I promise 😅But first!If you like...

Liquidity Mining For Dummies (Smart Yield Farming)

10 Apr 2021 6 minute read 5 comments yunsik

INTRODUCTION Liquidity mining has become a huge aspect of the pioneering De-Fi space that continues to grow in not only size, but also in innovation. Despite the "amazing returns" that many platforms tout, being a liquidity provider comes with a set...

Pancakeswap Vs Uniswap: Which one trump's the other?

8 Apr 2021 1 minute read 2 comments MadMaxx

Trading doesn't have to be hard at all. The market just dumped, and many of you were caught in the dump, losing your money. This shouldn't happen at all. To start making money in the markets, you can join my inner circle of traders. I give daily mark...

Get DeFi rich in 3 steps: Pancakeswap, Uniswap,

6 Apr 2021 2 minute read 0 comments MadMaxx

Here's a little secret I want to share with you: You're missing out! "On what Max?", you ask. "What am I missing out on?" Well, I'll tell you. FREE profits! You see, you haven't enrolled to get my Uniswap bot, that has just 5 units left. And that bot...

Top 10 Biggest Crypto Gainers (05-04-2021)

5 Apr 2021 1 minute read 5 comments Fizz on my Jayce

Top cryptos in Defi, Binance Smart Chain, Polkadot, NFTs, and the overall market that are the biggest gainers today, April 05, 2021.   Top 10 DeFi Coins   DeFi is short for “decentralized finance,” an umbrella term for a variety of financial appli...