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.

The Graphlinq Presale Is Coming on Uniswap Via Unicrypt Network!

17 Mar 2021 2 minute read 0 comments Crypto Adventure

Launched in early 2021, Graphlinq offers a set of tools to help crypto and DeFi enthusiasts interface the blockchain with any connected system as effortlessly as possible.  The protocol provides an integrated development environment (IDE) and a power...

Book Digest: How to Defi, Chapter 1

15 Mar 2021 4 minute read 5 comments cryptoph

I have always wanted to do a book review. However, work and other life priorities have kept me away from accomplishing this task in my bucket list. Maybe I am taking more than I can chew. So, instead of writing a book review, why not do a Chapter Rev...

Uniswap analysis

14 Mar 2021 1 minute read 5 comments Sebbe_727

  Uniswap short analysis I have for the past 24 hours seeing a volatility leverage effect on Uniswap. The same effect that happened before GameStop had its fantastic pump. I have had very skeptical views on the coin before (in my opinion their platf...

$30k to 1 million update: MASSIVE news!

13 Mar 2021 2 minute read 4 comments MadMaxx

Hello, and welcome to another update! First off, I'd like to thank you if you've stuck with this series so far. It might be over faster than you think! I have great news for everyone. The bot works, and it works excellently well! We're still testing...

CC210 - See the Great Uniswap V3 That Coming Soon

13 Mar 2021 1 minute read 0 comments Chesatochi

⏰ Time Stamps ⏰ 00:00 Introduction00:48 The Uniswap main page05:35 Unipig Exchange07:20 Hype of Uniswap V3 Introduction You might know that Uniswap V3 is one of the most popular decentralized AMM (automated market makers) in the space. It is one of...

A Truly Hidden Altcoin Gem

11 Mar 2021 1 minute read 2 comments AlucardLife

This gem is truly hidden, because I've heard literally no one talk about it. Not the shills I hate, not the shills I like, no one. If you go on Youtube, you'll see one or two videos about this. It's called Behodler, and it's got the symbol EYE on Eth...

A Stimulus Bounce?

8 Mar 2021 1 minute read 5 comments The Lynx

I will not beat around the bush here. I am counting on a bounce to Bitcoin and altcoins upon the stimulus news. We are already seeing the beginning of it. This is the biggest stimulus package being passed to date, especially in light of the $1400.00...

Citibank has published a 108-page report “Bitcoin - The Tipping Point”.

7 Mar 2021 2 minute read 9 comments Sir Loin

Bitcoin - The Tipping Point To date, this is the most serious and voluminous work on the results of the last decade of bitcoin promotion and the most serious forecast regarding the role of bitcoin in the global financial system.  This is a colossal...

Top DeFi Decentralized Exchanges in 2021

5 Mar 2021 4 minute read 6 comments Crypto Adventure

The Decentralized Finance sector is gaining massive trust as users shift from the traditional financial era. Major developments such as blockchains are introducing a leverage point whereby platforms can build a transparent accounting ecosystem for th...

Comparing UNI and SUSHI in the Ethereum Economy

2 Mar 2021 3 minute read 4 comments idm

This post examines how UNI and SUSHI traded against ETH so far in 2021. First we'll review the retail market structure of UNI/ETH and SUSHI/ETH. Next, we'll look at daily returns for UNI/ETH and SUSHI/ETH. Finally, we'll examine the correlation of th...