Latest Posts with Uniswap tag

Uniswap (UNI)

501 Articles 14,003 Followers

Uniswap Logo
uni
usd

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.


Quick Guide To Fixing Stuck Ethereum Transactions

3 Jul 2020 3 minute read 11 comments BTCghost

Note: This method was utilized and is working in Trust Wallet. I would venture to guess the process should be similar for other wallets, although I'm not sure.   So you tried to send some Ethereum and your transaction is stuck on pending, it has been...

Uniswap with Most Defi Users, ConsenSys Report Shows

3 Jul 2020 1 minute read 13 comments Abhimanyu Krishnan

A new report published by blockchain software company ConsenSys shows that the Uniswap protocol continues to have the largest number of users, followed by the Kyber Network (KNC) protocol. The two protocols also had the greatest number of shared user...

How to Provide Liquidity for Ampleforth at Uniswap & Leverage Geyser Program

30 Jun 2020 4 minute read 5 comments Chenhuang_defi

Earlier this month when newly released $COMP token got into top20 CMC in no time it sparked a new gold rush in the crypto space.  Liquidity Mining has become a thing and after missing the $COMP train I started to look out for new opportunities.  On J...

Automated Market Makers - What Are They And How They Differ?

29 Jun 2020 9 minute read 3 comments D3F1

In this piece, I will be comparing some of the hottest projects in DeFi space. This one, you won’t want to miss.  But first, before we dive in, what exactly is DeFi and why should you pay attention to it? DeFi, the acronym for (‘Decentralized Finance...

Ampleforth Launches Geyser Yield Farming

25 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Ampleforth (AMPL), a project which is building “synthetic commodity money”, on June 23 revealed that it has launched its liquidity incentive program on the Uniswap exchange. Called Ampleforth Geyser, the program was first announced in April 2020. Us...

VG’s Brief Overview — Proof of Liquidity

22 Jun 2020 3 minute read 0 comments virtugrana

Note: This article aims to contribute informative content for you. I present this, based on my opinion. I am not responsible for your gains or losses. When you finish reading, do your study, and invest at your risk. Projects with high risk, beware! T...

Do you have a lot of XYO tokens?

20 Jun 2020 2 minute read 3 comments CarlKid

Hello all! Welcome, it's been quite some time since my last post. Today lets talk about something rather cool. I am sure most of you are aware that Uniswap recently upgraded to Version 2 of its protocol. With this great change came the ability to tra...

Earn interest on Uniswap DEX

19 Jun 2020 2 minute read 0 comments ScreenTag

Uniswap is a decentralised exchange of crypto-assets, where holders of crypto-tokens are able to exchange one for another (e.g. from LRC to ETH). Being decentralised, this means it charges very little in fees (0.3% + gas fees). A liitle known transac...

2 months into my cryptocurrency experience.

13 Jun 2020 1 minute read 0 comments Iwasntexpectingthispressure

Anons first Crypto. Post #6 I've been investigating cryptocurrency and the decentralized web since the start of May 2020. This blog is an avenue of documentation and expression of my experience. So far I've bought into some pretty silly tokens, alt s...

The PHNX token is now live on Uniswap. Trade, or even earn with these simple steps!

8 Jun 2020 3 minute read 7 comments PhoenixDAO (PHNX)

  In order to do this, you need to go through a few steps to make a trade or add liquidity to the Uniswap pool. To make a trade on Uniswap: Go to Uniswap.Exchange (or this direct link to the trading pair here). Download the browser extension, Meta...