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.

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...

How does this new year look at the Dexes?

5 Jan 2021 1 minute read 2 comments ManuelAR

These are exciting times, Ethereum passed the 1,000 USD price barrier over the weekend. There is a lot of activity in the market, and Defi exchanges have been doing a lot of business. That has meant that the Ethereum mainnet, which handles most Defi...

ETH gas fees

4 Jan 2021 1 minute read 1 comment JayC0730

So, here we are in another bull market but what I've noticed is that once again transaction fees skyrocket. I have a few coins I am planning to sell in the ETH network. My biggest hold is HEX but now I may not have enough ether to pay the gas fees wh...

Sora Ecosystem - Polkaswap

3 Jan 2021 1 minute read 5 comments Thingsyousee

Polkaswap: a decentralised token exchange for the Polkadot ecosystem.   The Polkaswap testnet is now live and it looks amazing if you would ask me The features that you can play around with right now are swa...

Add Realt token list in Uniswap

1 Jan 2021 1 minute read 0 comments JiFouille91

Bonjour a tous, Here comes my second article regarding RealT (and the first in English!) : During the last community call the team announced some updates around the API that now included DeFi information, we'll see how we can use this new source of d...

Now that 1inch and Uniswap airdropped, who is next?

25 Dec 2020 1 minute read 8 comments georgia86

Tl;dr :Polkaswap Polkaswap has announced already that there will be a pswap token for liquidity providers. How can one become a liquidity provider? Wait until Q1 2021 of course Polkadot, whose mainnet launched this year, is promising to be an ethereu...

How to Claim 1inch Tokens if it is not working - Users In Crisis - Support Silent on Discord.

25 Dec 2020 1 minute read 1 comment georgia86

So hi everyone!   After months, 1inch exchange has finally launched their token According to their medium article, liquidity providers should have received their tokens Anyone who used 1inch exchange before Sep 15 and did it 4 times or did a transact...

I provided liquidity at the JulSwap and Here are My Conclusions

24 Dec 2020 1 minute read 2 comments renangeographia

  Review of JulSwap   As I wrote about BurgerSwap, today I will talk about JulSwap, which has some differences, although it is basically the same proposal of exchanges and liquidity supply. One of the differences is apparently to offer considerable...

Uniswap Plus Unicrypt - Driving Investment Forward

24 Dec 2020 4 minute read 6 comments Crypto Adventure

  Anyone with experience trading on Uniswap can tell you it’s tricky, to say the least. Uniswap is the world's top DEXs (decentralized exchanges) at this time. The platform rose to fame via a combination of factors, including the ability to seed any...

Iceburg is a deflationary yield farming protocol that promotes a vibrant community led ecosystem

24 Dec 2020 4 minute read 0 comments JaksHitam

Yield farming, moreover insinuated as liquidity mining, is a way to deal with produce prizes with cryptographic cash assets. In essential terms, it suggests making sure about advanced types of cash and getting rewards. In some sense, yield farming ca...