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.


Add Liquidity to Uniswap: Profit From All NOW Swaps On The Platform

11 Jun 2021 1 minute read 1 comment ChangeNOW

Recently, ChaneNOW has integrated the Uniswap DEX engine. Besides the opportunity to buy plenty of DeFi tokens, it gives you the chance to buy or sell NOW tokens right on our main page. But moreover, this is a chance for you to profit! Since every NO...

Analysis on Aave, Uniswap & Ethereum

10 Jun 2021 1 minute read 4 comments Defiant Pathfinder

The market is still bearish and now it seems like it has hit support level and still gathering more strength to break below so that it sell off. I hope you know for price to increase demand has to be created first and when the big whales are satisfie...

Harvest Finance: Uniswap V3 Farms Live and Whole New Way to Add Liquidity!

10 Jun 2021 2 minute read 5 comments Cje95

Yesterday Harvest finally added some farms I had been highly anticipating! The Uniswap V3 farms are now live and boy do they look nice! These farms though are really a complete overhaul of how an individual would typically add liquidity to a Harvest...

Token types to analyse and Invest on

8 Jun 2021 1 minute read 6 comments Defiant Pathfinder

When investing its not all about buying and storing or staking tokens. You have to select, analyze and diversify your portfolio. Imagine you invest only in the Meme tokens and then after keeping them for years you then discover they do not have much...

Check out Papillon, the multi-function token of the future!

7 Jun 2021 1 minute read 0 comments TheBigXion

Nowadays it's hard to find cryptocurrencies with a purpose, right? Like everyone wants to just make a cheap token, make some money off pumps and dumps, and then abandon the project 2 months after its release, leaving all holders with a 100% loss beca...

Ethereum based DeFi and Smart Contracts Empowering Ethereum

7 Jun 2021 1 minute read 9 comments Defiant Pathfinder

There is no doubt that Ethereum has become the biggest crypto currency now. Bitcoin might be on top and dominates more than Ethereum but if we are to look at services being provided then Ethereum will win. Bitcoin is just used as a currency but Ether...

Short Analysis on Uniswap V2 & V3

6 Jun 2021 1 minute read 3 comments Defiant Pathfinder

Uniswap is a Decentralized Finance(DeFi) which is into token swapping and it is into yield token yield farming so investors can provide liquidity in Uniswap and they get rewards over time. It has been upgrading, recently it launched Uniswap Version 3...

What happened to Uniswap and Ethereum in the past hours

4 Jun 2021 1 minute read 2 comments Defiant Pathfinder

At times you must be able to decipher decrypted chart patterns because nothing comes on a silver platter. You might be presented bullish or bearish chart patterns but do not just fall prey, you have to look beyond those charts and try to think what c...

Uniswap 50 % Discount

4 Jun 2021 1 minute read 8 comments 416Bitcoin

AAX Exchange is truly becoming a major player within the cryptocurrency world For the past few months AAX has been improving its website and increasing the number of trading pairs. Some Recent Additions  with the last month are🚀Civic (CVC) 🚀PancakeSw...

Capitalizing and Maximizing on Non Fungible Tokens & DeFI Swap Tokens

2 Jun 2021 1 minute read 1 comment Defiant Pathfinder

Its not a lie when its being said "Early birds catch the fattest worms". Punctuality and Timing matters most when it comes too crypto asset investing. I always remind people of what happened with Bitcoin for those who jumped earlier when it was still...