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.

IVAN On Tech Cover $YOP & Yopfinance. Will This Upcoming DEFI Crypto Do Well Or Hype?

13 Jan 2021 2 minute read 0 comments surpassinggoogle

  In this crypto ulog and livestream, I will be looking at Yop Finance and $YOP coin for the first time. It ran an IDO on Polkastarter and will list on Uniswap soon. We will look at as many indices as possible to determine if we can project the pote...

#1 Best Way to Discover Crypto Scams

12 Jan 2021 1 minute read 9 comments AlucardLife

I just discovered a new way to discover FOR SURE if a token in your wallet is a scam. Here's a little story: Andre Cronje, the crybaby genius developer behind Yearn.Finance, was testing another coin yesterday. wYFI (and sil). Scammers use Andre's mov...

The Most High-Profile DeFi Projects of 2020

12 Jan 2021 5 minute read 9 comments GetBlock

The outgoing difficult year will be remembered for the rise of the digital assets industry, the upgrade of the Ethereum blockchain project to version 2.0, and the "bull run" of decentralized finance (DeFi). By the end of the year, the Total Locked Va...

UniLend Finance - Unlocking the True Potential of Decentralized Finance

12 Jan 2021 16 minute read 0 comments CryptoJamm

Since the launch of DeFi Applications in the crypto space, the sector has exploded and I believe it will be even bigger in 2021. DeFi which stands for Decentralized Finance, essentially cuts out the middleman i.e. banks via the use of Decentralized A...

How to trade in Pancakeswap - Fast guide

11 Jan 2021 1 minute read 2 comments Makingdigital

If you like passive income, you like Defi and you like to earn some tokens while you are sleeping then you like Pancakeswap. It is a decentralized application that has the advantage of working in the Binances Smart Chain ecosystem, a protocol that bo...

Fees and the effect on new crypto buyers

11 Jan 2021 1 minute read 1 comment JayC0730

I am by no means a crypto expert but keeping a longterm holding as well as a play money portfolio I want to give my thoughts on the current market. I also need to let users know I am American as that also dictates what platforms I use to buy cryptocu...

Daily Bitcoin Analysis #2 (2021-01-09)

9 Jan 2021 1 minute read 0 comments Sebbe_727

Yesterday Bitcoin reached the $40.000 barrier, a new impressive all-time high and probably a great continuation of this bullish crypto market. My prediction is still that bitcoin will drop and have an average price of $32 000 - 36 000 in the coming m...

Daily Bitcoin Analysis #1 (2021-01-08)

8 Jan 2021 1 minute read 1 comment Sebbe_727

Weekly Chart Analysis of Bitcoin The continuation of a bullish market has been proven and I do not see why it would drop right now. It will possibly have some dip soon but I think it will obtain a value of at least $32,000.00 - $36,000.00.  More Care...

JANUARY 2021 REMINDER : Earn CRYPTO WITH High YIELDS on Your CRYPTOS (BTC, ETH, XRP, XLM, Stablecoins, LTC, Link ...), without risk, without fee AND HUGE advantages and Promo codes

5 Jan 2021 1 minute read 2 comments Digital Asset Culture - YouTube Channel - France

Hello, for the NEW YEAR 2021, I would like to remind to you (all and my 552 followers) that if you want to get INTERESTS and REWARDS on your CRYPTOCURRENCIES (BTC, ETH, XRP, XLM, Link, LTC, BCH, ETC, BCH, Stable Coins and many other cryptos...) that...

Polkaswap has started the Farming of $PSWSP tokens

5 Jan 2021 1 minute read 1 comment Sajjad570

The upcoming non custodial AMM Dex Polkaswap  has started the Farming of the native $PSWAP tokens. Users can add liquidity on either Uniswap or Mooniswap to the following token pairs and earn $PSWAP tokens: ETH-XOR ETH-VAL XOR-VAL Currently the ear...