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.

Bringing Cryptocurrencies to Life: Uniswap

24 Mar 2019 4 minute read 7 comments Niklas Spille-Scheich

"Use this magical internet money of ours", they said, "you can use it in every place you visit in this world" (as long as it provides internet access). That's a great vision of what Cryptocurrencies might achieve in real life one day. Cryptocurrencie...

The Uniswap Token Is Now the 8th Most Popular Cryptocurrency

17 Mar 2021 2 minute read 3 comments Austin Reihl

The rise of the world’s most popular decentralized exchange (DEX) Uniswap (UNI) has been turning heads in the decentralized finance (DeFi) market. The UNI token traded at $34.00 with a daily trading volume of $1.5 billion and saw a rise up to 45.7% f...

Tokensale, Telos EVM Mainnet and Airdrops - TULIP 2nd Phase

28 Feb 2021 5 minute read 0 comments fycee

When community members work hand in hand bringing liquidity to the native token $TLOS, would you like to belong in this team? What's stopping someone in bringing their assets invested on the top 10 coin listing to the ones emerging nowadays? Getting...

Uniswap what is it? How does it work? All you have to know

9 Feb 2021 1 minute read 0 comments valentin catalan

its function is very basic: to verify and store transactions in a decentralized way in a ledger called Blockchain. UniSwap is a DeFi project born in November 2018 and developed thanks to a funding of $ 100,000 granted to developers by the Ethereum Fo...

Over 1,000 USD worth of MIR Airdrop for UNI holders - Claim now!

2 Feb 2021 1 minute read 0 comments okean123

In this post I'm going to show you, how you can claim 220 MIR tokens worth over $1200 USD currently if you have held at least 100 UNI at the end of November 2020. If you have held at least 100 UNI in your Ethereum wallet on 23rd December 2020 you...

PSA - Mirror Finance Airdop for Uniswap Holders

26 Dec 2020 1 minute read 0 comments ExponentialOne

Short and sweet post with information you may have seen here and there (but was recently news to me). If you held 100 UNI tokens on 11/23, you may be eligible for a Mirror Finance token airdrop on Ethereum. News broke a few weeks ago for this, but so...

If you had UNI tokens sitting in your wallet you may have received an airdrop worth hundreds of dollars!

10 Dec 2020 1 minute read 1 comment On_my_mind

Have you heard of the Mirror protocol? It's a new DeFi protocol that enables users to mint mirrored assets collateralized using Terra's stablecoin UST or other mAssets as a collateral. The interesting part is that they created a new token called MIR...

UNI Airdrop

9 Dec 2020 1 minute read 0 comments Itech

Notice This is to inform those that has traded with UNI recently and has at least 100 UNI balance in their respective wallets. There is a great opportunity for every single investor who had 100 UNI in their wallets on November 23rd, are now qualified...

How to claim 220 $MIR tokens (worth 250 USD) for free! Easy!

8 Dec 2020 1 minute read 1 comment DaniBom

Yesterday I came across a telegram post in a crypto group I'm in, talking about Mirror Protocol, a new protocol based on the Terra blockchain that launched a few days ago. At genesis, 18.3 million tokens were allocated to $LUNA holders (on Terra) and...

Uniswap Airdrop Receivers Selling for a PS5 in September. Who came out on top?

3 Dec 2020 1 minute read 0 comments Skyfries

If you remember back in September the cryptocurrency alt coin world was sent into a craze by Uniswap.  Every wallet who interacted with the Uniswap platform was airdropped an immense amount of UNI.  Traders instantly flush with wealth surpassing the...