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 DeFi and Uniswap craze: What it means for ETH.

9 Aug 2020 1 minute read 0 comments MadMaxx

It's a pretty big deal what's going on right now. Ethereum is blasting through its yearly resistance levels, Uniswap is on fire for some reason, and anything that has DeFi or "oracle" in it's name pumps straight to Namek, no questions asked. So what...

Uniswap Raises $11 Million to Fund Uniswap V3

9 Aug 2020 1 minute read 0 comments eatdostacos

Not long after the release of Uniswap V2, which includes new trade pair types and much more, the Uniswap Team has raised $11 million to help fund the creation of Uniswap V3. This will be their next generation protocol for swaps on Ethereum. A little...

Giving Statera The Full Publish0x Experience™

9 Aug 2020 6 minute read 7 comments Absolute Unit

As you undoubtedly know Statera recently opened a writing contest here on Publish0x where the topic given was "anything you want to write about Statera". Which got my juices a'flowing, what better way to write about Statera than to give it the Full P...

Tutorials - Becoming a Liquidity Provider with Uniswap

7 Aug 2020 4 minute read 7 comments DeCryptolorian

Uniswap, a DeFi (decentralized finance) exchange is an automatic liquidity protocol built on the ethereum blockchain. This protocol allows the average person to provide liquidity. Before DeFi, only Banks, Governments, or people with a lot of money c...

Uniswap Completes Series A Funding, Raises $11 Million

7 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized on-chain protocol Uniswap announced the completion of its Series A funding round on August 6, raising $11 million. Uniswap had already raised $1 million in seed funding from Paradigm and others. Funding led by Andreessen Horowitz; addi...

Ulog: How To Find Upcoming Defi Coins Before They List On Uniswap? Unicrypt?

7 Aug 2020 1 minute read 0 comments surpassinggoogle

Within this ulog, i take you through how a legitimate illiterate would go about looking for upcoming DEFI projects that could have some credibility. You may be looking for safe crypto projects to look at, more recently those related to DEFI, decentra...

Minereum Navigation Guide

6 Aug 2020 2 minute read 0 comments SmartCryptoNews1

The blockchain space is now mostly focused on Staking and Mining. This is the scope of our article today. We create a navigation guide for the Minereum Project. WHAT IS MINEREUM Minereum was the first ever " Self-Mining Smart Contract ". It was launc...

Martkist Wrapped Token (wMARTK), what will it do?

6 Aug 2020 2 minute read 1 comment Para by EH

Thanks to popularity rise of decentralized finance (or DeFi for its acronym), the Martkist team aims to catch up with such technology by adopting an ERC-20 token redeemable 1: 1 with its peer, the MARTK mineable original coin. I am not very clear, co...

AMPL Dump is a Lie?

4 Aug 2020 6 minute read 20 comments Chenhuang_defi

Many of my followers know me from my extensive coverage of Ampleforth recently and, over the past couple of days, I have started to feel that this recent ‘AMPL Dump’ cannot be left uncommented - just for the sake of those that gained interest in AMPL...

DEFI project - AMPL/ETH on Uniswap +Geyser ( after one week)

4 Aug 2020 2 minute read 14 comments Heruvim78

After one week, the things start to catch up some speed in here. The Geyser rewards for the first 7 days are 11.38 AMPL, and the reward multiplier went from x1 to x1.2. It will take 30 days to go to x2, and 60 days to reach maximum of x3. If you are...