Latest Posts with Uniswap tag

Uniswap (UNI)

501 Articles 14,001 Followers

Uniswap Logo

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.

Operation Patagia : Getting Golem on Uniswap

18 Aug 2020 3 minute read 0 comments pierce

TL;DR: You can trade Golem tokens (GNT) on Uniswap now: Slightly longer version:  Technically you need to trade GNTW on Uniswap, but I made a frontend that makes it as easy as possi...

Lots of scammers attracted on the hype of the DeFi in Crypto space nowadays

18 Aug 2020 2 minute read 3 comments Cryptozeean

Might be good to enter early but not good if you loose what you have.   Thinking of making good returns on your investment is good but should be a fair practice too. As always in Investment market said to be that DYOR (Do your own research) just b...

Simple Commented Update Guide To The Main DeFi Platforms

16 Aug 2020 11 minute read 0 comments Rubikkav

Let’s accurately evaluate the main projects and platforms in the DeFi sector, the article originally published in cointelegraph. The article is really very rich in information, thus giving us the most important and relevant of the main DeFi platforms...

BESTSWAP DEX Exchange - The First DeFi DEX of Asia

15 Aug 2020 1 minute read 2 comments FreedomBuilder

  🎁 Total Reward: Receive up to 500 GROW ≈ $4 and 200 GROW per referral for easy social Tasks. (Follow only on Telegram & Twitter) 💎 Start Bestswap Telegram Airdrop Bot. 🔶 Airdrop Terms and conditions: (All tasks are Mandatory)📌 Start Bestswap Bot.📌...

The Unbanked Series - Is Uniswap right for you? (Friday)

14 Aug 2020 2 minute read 3 comments BryRi

There was a time when I thought Fridays were the best day ever.  End of the workweek, more time with friends, you name it.  Now that we live in an "on-24/7" world, that thinking is a little different.  Although, today is a little different - The Unba...

CRV Token Launches Early as Unknown Individual Deploys Contracts

14 Aug 2020 1 minute read 5 comments Abhimanyu Krishnan

On August 14, an anonymous developer deployed contracts that launched Curve Finance’s CurveDAO and CRV without the knowledge of the project's founding members. The team was forced to stick with the deployment, which the team verified has followed the...

YAM broken - error in rebase?

13 Aug 2020 1 minute read 5 comments bitcoindelight

If one of the most important figures in the DeFi space makes an announcement...people should listen. By far, I don't feel qualified talking about YFI, YFFI or YAM. But from what I know, the recent high gas prices and price movements for some tokens a...

Trading at Uniswap is Getting More Expensive as Ethereum Gas Fees Keep Rising

12 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

Larry Cermak, Director of Research at the Block, tweeted on August 12 about rising gas prices on the Uniswap exchange are reaching the point where it would be unfeasible for most retail investors Gas prices began climbing on August 12, according to...

Tradingview for Uniswap

11 Aug 2020 1 minute read 8 comments bitcoindelight

I already published two sites that I find really useful when it comes to swapping ERC-20 tokens on Uniswap. After I published my post yesterday, someone contacted me on Twitter and shared another very useful site with me. He doesn't want his name pub...

Automated maker Dex exchange Uniswap added nearly 58,000 users in July.

11 Aug 2020 1 minute read 0 comments alberdioni8406

It's one more record to this DEX protocol, after being the most used exchange which gathered more than 40% of the total transactions volumes on July, helping the Decentralized exchanges to secure more than $4 B in trading negotiations, the Uniswap au...