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.


How Many People ACTUALLY Use Uniswap (UNI) Right Now??

27 Jun 2022 2 minute read 2 comments Michael @ CryptoEQ

If you want more cryptocurrency analysis including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to CryptoEQ.io to make your first month of CryptoEQ just $10! Or simply...

Watch Out! Crypto Whales Are Swimming in Ethereum (ETH) Waters

15 Mar 2022 1 minute read 5 comments Michael @ CryptoEQ

If you want more cryptocurrency analysis including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to CryptoEQ.io to make your first month of CryptoEQ just $10! Or simply...

Bringing Cryptocurrencies to Life: Uniswap

24 Mar 2019 4 minute read 7 comments Niklas Spille-Scheich

"Use this magical internet money of ours", they said, "you can use it in every place you visit in this world" (as long as it provides internet access). That's a great vision of what Cryptocurrencies might achieve in real life one day. Cryptocurrencie...

Coinbase - LRC/UNI Support & Celo on Earn

3 Oct 2020 4 minute read 38 comments Thomas Wolf

I am pleased to find that Coinbase has launched Loopring (LRC) support in my absence, along with Uniswap (UNI) and a few others.This is an exciting development for me because I understand Coinbase's ERC-20 support and you can send LRC directly to you...

How Can Uniswap (UNI) V3 Continue to Make Money in a Bear Market??

23 Jun 2022 5 minute read 3 comments Michael @ CryptoEQ

If you want more cryptocurrency analysis including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to CryptoEQ.io to make your first month of CryptoEQ just $10! Or simply...

Huobi Invested Social Media TORUM Makes Uniswap Debut

15 Sep 2021 2 minute read 7 comments paragism

I was a private beta tester of TORUM, a new social media platform when it was launched some years back. It was really amazing to see the growth of the platform in recent times. TORUM has a user-friendly interface and it resembles Facebook but it look...

🎉 Candlestick Public Launched! Opportunity Radar Built By Traders, For Traders (Yes we like FTX!) 😎

9 Jun 2022 4 minute read 0 comments Candlestick

    This is the story of us building Candlestick.io.     9X Is Just The Begining   Our story with blockchain data analytics starts at the end of 2020. Nearly missed the whole DeFi summer, we’ve caught on $BADGER (& $DIGG). That’s when we realized th...

🏆 Top dApps by Active Users in May

25 May 2022 1 minute read 1 comment Dapp.com

  Unlike vol rankings (Ethereum & BNB chain dapps dominate), top dApps ranked by active users are from different blockchains.   TRON Network Zethyr Exchange leading with 5.9M monthly active users Tron dapps ranking   BinanceSmartChain - PancakeSwap...

Introducing Honeyswap

31 Jan 2021 3 minute read 0 comments Blazarius120

Honeyswap is a permissionless decentralized exchange (DEX) based on Ethereum, built on xDai Layer 2 scalability infrastructure. By utilizing xDai chain for transactions, Honeyswap allow users to trade any ERC20 token and experience fast and sec...

MKR, SOL, UNI... | DCA | Merry Christmas | 25 Dec

25 Dec 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   Solana Analysis Sol is doing quite nice after a long period of sideways is now trying to break 40$ and make support to then go to 50 if BTC does not go down in the next days. UNI Analysis UN...