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.


All Automated Market Makers (AMM's AKA Uniswap Based Protocols) On Each Chain (Updating List v.1.1)

23 Sep 2020 3 minute read 2 comments LiteLiger

People who are fans of Liquidity mining - this article is made for you and me of course. A Collection of AMM websites across all chains and all the active/existing forks out there. If your site is missing drop an email to Liteliger@protonmail.com bu...

What is Uniswap?

23 Sep 2020 4 minute read 6 comments NOWNodes

Originally published in the NOWNodes blog.The yearn.finance (YFI) token has grown in price from $34 to over $35,000 in just a month and a half. Chainlink LINK jumped from $4.12 to a peak of $19.8 in two months, but then experienced a rebounce to $12....

YOINK Sold Out

23 Sep 2020 1 minute read 0 comments StanW

I do not know why but i got hooked on YOINKS and want to pass it to all.English is not my native language and i am happy about some feedback. Ten Hours after public sale started the token is sold out!  Within 24 hours all participants get there YOINK...

COINBASE (CELO/BAND/UNISWAP)

23 Sep 2020 1 minute read 0 comments Coincobra

Recently, the largest US exchange listed and made 3 new cryptocurrencies available to negotiate. This is very interesting, as they were launched in sequence over a period of just over 45 days. In the case of coinbase it is not very common for this to...

UNISWAP (UNI) Going to $100?

23 Sep 2020 1 minute read 0 comments Betsy Malone

Hey Guys,                                                                             (source) Let's take a look at UNI... an altcoin with great potential.    Technical Analysis Looks like uni is near a bottom for retracement of the initial impulse....

The unicorn fights back, how much sushi will there be in the end?

22 Sep 2020 1 minute read 1 comment ManuelAR

The defi soap opera continues. About a week ago the biggest decentralized exchange platform suffered a theft of liquidity via a clever scheme dubbed “Vampire Mining”. On September 9th, after having piggybacked on Uniswaps liquidity, Sushiswap transfe...

What is Dextools ($DEXT)?

22 Sep 2020 1 minute read 1 comment Mr. Sloth

Dextools is a new tradingtool for IDEX and UniSwap. It was founded by Javier Palomino and Frederic Fernández. Hence it runs in your browser, its fully responsive and has a very smooth UI.It gives you some unique tools to optimize your trading strate...

Uniswap (UNI) is Now Accepted in Splinterlands!

22 Sep 2020 1 minute read 5 comments Chris Roberts

In the last couple weeks, Splinterlands has made terrific strides in the ability to accept ERC20 Ethereum-built tokens. The latest exciting addition to our growing list of payment options is UNI - the token of Uniswap. What is Uniswap? Uniswap is...

Uniswap's $UNI Governance Token & $UNII Token

22 Sep 2020 2 minute read 1 comment CPix

Uniswap proved once again how much of a DeFi powerhouse it truly is. After losing over $1B of liquidity to the SushiSwap Vampire Attack a couple weeks back, Uniswap has now attracted a total liquidity back up to near $2B. Gas prices exceeded 750+ gw...

Uniswap: $1.94 Billion locked in Uniswap

21 Sep 2020 1 minute read 0 comments Gamma

Uniswap is the most important Decentralized Finance Protocol (DeFi) in terms of total locked value of all time. This makes it the biggest decentralized exchange platform Indeed, the Unicorn Exchange has $1.94 billion in crypto in its liquidity pools...