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.


Upgraded and Targeted Mining

19 Oct 2020 1 minute read 3 comments alquimista1501

Cryptos have changed enormously in recent years, their concept, perception, shape and dynamics are constantly changing and their relationship with the world is aligned with the clearly visible needs of the population. One of the points that started e...

Send finance a potential star in the NFT scene.

18 Oct 2020 1 minute read 0 comments Perverted_toaster

Send finance is a new and upcoming project trying to compete in the NFT scene. I think after the success of $Hate (Heavensgate.finance), which is now at some $500+, this may be a similar alternative with lots of room to grow (especially consideri...

Monero's Oxygen Orion Upgrade Successful

18 Oct 2020 1 minute read 4 comments ircrp

  As of 18th of October 2020 the upgrade branded by Monero as Oxygen Orion has finally went live as planned, exactly two months after being first announced by the Core Developers. The upgrade focuses on new technological changes most notably deliveri...

UNI Price Analysis 18 October 2020

18 Oct 2020 1 minute read 0 comments 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 long awaited launch of Filecoin is finally here

17 Oct 2020 1 minute read 3 comments ircrp

  One of the most awaited Initial Coin Offering (ICO) since the times of EOS cryptocurrency has finally delivered on its long awaited promise and launched its main net, opening the doors to the token being listed on exchanges. Filecoin (FIL) the toke...

Parachute Monthly Update: Parachute Uniswap Liquidity Program, ParJar Swaps Go Live!, Website Redesign, CF Joins Team, Annual Beer Exchange, …– 26 Jun – 30 Jul'20

16 Oct 2020 6 minute read 2 comments Abhijoy Sarkar

Hi Parachuters! This has been a long time coming. With a ton of pending weekly updates dating back to 26-Jun-2020, I thought it would be best to club all the Parachute news into monthly reports and publish them back-to-back over the next few days to...

My Uniswap Adventure - A story of failure, gas, and dumb luck

16 Oct 2020 3 minute read 2 comments ExponentialOne

Picture for a moment a warm summer evening, with clear skies, a nice breeze, and a small amount of ETH in a crypto wallet. This is where my UNI story begins.   My First Transaction Sometime in July I experimented with some of my tokens I received fro...

How To Earn UNI On Uniswap

16 Oct 2020 5 minute read 13 comments Guarda Wallet

What Is Uniswap? Uniswap is a kind of a decentralized protocol for automatic liquidity based on Ethereum. Frankly speaking, Uniswap allows you to automatically sell and buy ERC-20 tokens relying on its ability to change the value of tokens. Why Shoul...

First Uniswap Governance Poll Results in Controversy

15 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Uniswap’s first governance proposal, initiated by DeFi platform Dharma, has stirred up controversy as some community members allege that the proposal is designed to favor whales. The proposal is aimed at altering the proposal submission and quorum r...

Are governance tokens the way forward, or a step back?

15 Oct 2020 3 minute read 13 comments Creepto

I Just had my first experience with trying to vote. No, not that vote - I tried to vote on a Uniswap resolution that was put forth by a big company (Dharma), trying to take over the protocol, by lowering the limits to making and passing proposals. An...