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.


WLeo was Hacked My Thoughts and Opinions

12 Oct 2020 4 minute read 0 comments gniksivart

  To be honest, I was debating this morning if I even write something or comment about what was going on, after all, I didn't have any facts and it's just my opinion. I can't believe some of the negativity I've seen, however. Most if not all of it ha...

Less known Tron TRX Yield Farming and Stake DeFi ? ZFI TTH BNKR STRHLD T2X GOLD GFI

11 Oct 2020 1 minute read 0 comments kingscrown

    See yield farming on TRON TRX on places that get popularity and have been checked by me with 3000% APYGold Mine - https://biggoldminer.com/Zebra DeFi TEgsCcJbCuZu2RXPZBwRT8icnDp9ayGnkv&mine=secondShark Dice https://diceshark.com/?referral=TEgsCc...

DEXG: An Oasis in the Desolation of DeFi

11 Oct 2020 3 minute read 1 comment MellardGibbons

DeFi is booming, and with this excitement hoards of swindlers have surfaced like ravenous sharks seeking your funds as if there were blood in the water. With recent high profile rug pulls from the likes of $SUSHI, $HATCH and $CBDAO (Bree), there seem...

How to Turn $LEO into $RUNE

10 Oct 2020 1 minute read 0 comments nealmcspadden

Originally Posted Using LeoFinance So you may have heard that the first LEO bounties for providing liquidity in the wLEO pool was paid out the other day. It's awesome. I park money and get paid! I have a lot of LEO though, and I wanted to diversify...

Introducing UNISWAPX Calling in the Crypto World! Reward 500 UNIX!!!

10 Oct 2020 1 minute read 2 comments Airdrop Dedective

Uniswap X is an upgrade to the native uniswap project, giving it the scalability and security it needs to serve all of humanity and implementation of proof-of-stake (POS). Introducing UNISWAPX Calling in the Crypto World! Claim UNIX as your privilege...

DEC & Uniswap - How Does That Work?

10 Oct 2020 1 minute read 2 comments nealmcspadden

During last night's AMA with @aggroed, @jarvie was asking how the price of DEC was determined now that the game is using the Uniswap pool. In this video I go through how that is calculated. Uniswap is actually very simple. You have two assets that a...

Big Tech and its anti-competitive domains

10 Oct 2020 2 minute read 2 comments alquimista1501

The pandemic and its effects have dealt a severe blow to people's everyday life, many unexpected changes and an adaptation that makes many uncomfortable but cannot be avoided, are the hallmark of the new normal that is defined under a uniform accepta...

There is a reason you see Betfury everywhere the best way to earn Bitcoin in 2020/2021

9 Oct 2020 1 minute read 3 comments For the love of MONEY

with a DIVIDENDS POOL MORE THAN A MILLION DOLLARS YOU HAVE TO KNOW THEM Betfury was the fastest growing i-GAMING Dapp for 2019 and probably 2020 aswell.They pay their users that own the native BFG token daily dividends that is subtracted from that ma...

UNI Price Analysis 09 October 2020

9 Oct 2020 1 minute read 2 comments Suryakantdalai

Remember to read the date of this post carefully. In this post, you will get the live price of daily UNI. We also provide you with the UNI's market capitalization, weekly, monthly value, trading volume, peak and lowest prices and trading volume. We a...

Big partnerships for Martkist. Check them out

9 Oct 2020 3 minute read 0 comments Paraguanads

Martkist has started the last quarter of 2020 with many surprises for its users and holders. Despite the global pandemic and the great challenges that the planet has presented with the new way of living under strict sanitary standards, great projects...