Latest Posts with Uniswap tag

Uniswap (UNI)

294 Articles 255 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.


Uniswap Can't Keep Up With New Integrations

6 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Uniswap (UNI) creator Hayden Adams said over Twitter in late September that the team was unable to keep up with the sheer volume of new integrations. Adams was responding to a tweet from user who asked if there were any “semi-obscure integrations” w...

Uniris, Biometric-Blockchain ID Solution, Lists Native Token UCO on Uniswap

6 Oct 2020 2 minute read 0 comments Bit Media Buzz

France, October 6, 2020 - Indo-French biometric ID startup, Uniris, is pleased to announce that it has successfully listed its Uniris Coin (UCO) on Uniswap, a decentralized exchange (DEX). Currently listed on three other centralized exchanges (CEX)...

$SMOL added to Coingecko and CoinMarketCap

6 Oct 2020 1 minute read 0 comments DaniBom

The smol ($SMOL) project is only 12 days old, having been launched with an airdrop to 540 addresses, and it's already achieving great things. Development discussion is always high in the smoltidel, where 180 devs and supporters are preparing the laun...

DEXPRO - A Next-Generation Uniswap Add-on

5 Oct 2020 4 minute read 1 comment Crypto Adventure

As decentralized exchanges such as Uniswap continue to gobble up more market share, now, more than ever, traders need access to advanced tools. Uniswap is sweet in terms of security but it lacks sorely when compared to centralized exchanges in terms...

Probably don't waste your money exchanging less than 1 ETH at a time

5 Oct 2020 1 minute read 3 comments cMasta

So I made my first trade on Uniswap today after reading somewhere (*cough* here) that the UNI airdrop was still going on and immediately regretted it. I needed some Nexo tokens because the Nexo wallet is where I chose to stake my BTC, however I've ju...

DEC is on Uniswap! - Uniswap Craze at its peak

4 Oct 2020 1 minute read 0 comments Zagham Travel

I am not a tech-minded person. I took almost six to seven months to understand Steem and Hive blockchain working. What are the keys and how can we use it? A few months ago, I started using Hive-engine and came to know how to trade different tokens a...

Coinbase - LRC/UNI Support & Celo on Earn

3 Oct 2020 4 minute read 38 comments Thomas Wolf

I am pleased to find that Coinbase has launched Loopring (LRC) support in my absence, along with Uniswap (UNI) and a few others.This is an exciting development for me because I understand Coinbase's ERC-20 support and you can send LRC directly to you...

Splinterlands: So many updates

3 Oct 2020 2 minute read 2 comments karinxxl

So much seems to be happening in the Splinterlands game at the moment that I really took some time to do some remodelling to my account. With these changes to my account and where all of the cards are, hopefully I will be ready for the upcoming chang...

Step by step tutorial for farming on Pub.finance and Roadmap Update

3 Oct 2020 1 minute read 0 comments DaniBom

So, like most of you, I've heard of token farming in the last weeks on the launch of tokens on Ethereum (and now many others chain added it) but never tried, mainly because of the high gas fees and the high numbers of scam projects and rug pulls A fe...

Trump and BitMex news stun Bitcoin's value (and the other crypto).

2 Oct 2020 1 minute read 0 comments PrisonedBus9641

Donald Trump's positivity to Covid-19 has had a great influence on the stock market and on cryptocurrencies in the last few hours, like any self-respecting political action (wanted and unwanted). The shock of the news has greatly damaged the stabilit...