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.


Shib vs DOGE + 1 BTC and 12 iPhones to win on Okex + Freebies

11 May 2021 1 minute read 2 comments kingscrown

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🐳 Whales Tend to Stay in Uniswap V3 than V2?

10 May 2021 3 minute read 3 comments Dapp.com

  In 2020, Uniswap V2 introduced new features and optimizations, setting the stage for exponential growth in AMM adoption. V2 has soon become the leader in the DEX space.    On 5th May 2021, Uniswap V3 was officially launched. What new features does...

WHAT IS UNISWAP ALL ABOUT?

10 May 2021 4 minute read 0 comments PorshDan

As I was going through some cryptocurrencies platforms, I came across protocols and discovered UniSwap. What drew my attention to read and learn more about it the picture of the Unicorn. It's also an exchange platform which seems to be pleasant espec...

UNISWAP Explained

10 May 2021 4 minute read 10 comments RelyOnCrypto

UniSwap is undoubtedly one of the most relevant and widely debated Decentralized Finance projects. UniSwap is a protocol for decentralized token exchange on the Ethereum Blockchain. UniSwap is a decentralized, permissionless, and censorship-resistant...

LP Royale: A Free Liquidity Providing Simulation and Contest

9 May 2021 5 minute read 1 comment RockHoward

LP Royale is a learning game that simulates liquidity providing using real world data from Uniswap. The game is provided by APY.vision which is an outfit that helps liquidity providers monitor their positions on a variety of exchanges and networks. I...

The Uniswap is it a good and safe platform to do your business transaction

9 May 2021 1 minute read 4 comments kelcrypto

Is the Uniswap platform a good place to do transactions? For me as a first time user, my analysis is not, it's a platform where you can lose your assets without any recompense. Luckily for me I lost only a small amount. So I lost $78 and it might no...

Uniswap v.3 is LIVE

7 May 2021 1 minute read 2 comments Clemnms51

Lots of people interested by crypto and blockchain were waiting for it, Uniswap v3 update is now LIVE.   What will this change ?   As you know it, the main problem while you use Uniswap is the fact that the gaz fees are pretty high. Indeed, the Block...

Uniswap V3 Goes Live w/ Pool Fees and Concentrated Liquidity

7 May 2021 4 minute read 2 comments YankeeKitsune

I was planning on just taking a quick check of my USDC/ETH pool on Uniswap when I noticed that v3 has just been released. I'm not going into every new change or concept behind it in this post, for that I would suggest taking a look Uniswap's V3 docu...

Decentralized Finance and Token scams

7 May 2021 1 minute read 2 comments Defiant Pathfinder

In this technological era we live in if you want to succeed in the business and investment field, you have to find the problem and then you create and offer solution. That s the ethnics of business. So in the current world we in the problem is everyt...

Is Coin Staking and Farming entirely Safe?

6 May 2021 1 minute read 6 comments Defiant Pathfinder

Token staking and farming are trending these days. With crypto currencies like Bitcoin, Proof of Work is used and miners are rewarded for each block mined but on Tokens Proof of stake is used and investors are rewarded for staking their tokens to pro...