Latest Posts with Uniswap tag

Uniswap (UNI)

294 Articles 256 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.


Dark Energy Crystals (DEC) are Now on Uniswap!

2 Oct 2020 7 minute read 3 comments Chris Roberts

Get Your Yield Farm On! Splinterlands is extremely excited to announce that the Dark Energy Crystals (DEC) token now has a Uniswap pool where it can be traded for Ether (ETH) tokens. Even more importantly, DEC holders can use their tokens to add liqu...

Uniswap - Earn Crypto On Your Crypto

1 Oct 2020 1 minute read 12 comments cryptoforcanadians

I might be a bit late to the party with this post but better late than never.  But that's fine though because I'm sure there are still people out there who don't know what Uniswap is or who haven't even heard of it before. If you're one of those peop...

A Comprehensive Guide To Liquidity Providing and Impermanent Loss – Part 2

1 Oct 2020 4 minute read 1 comment Violet64

Welcome to part 2 of my guide to everything about LPs and IL, you should read part 1 first here.   A deeper dive into Impermanent Loss As discussed in part 1, IL is experienced when the price of two assets in a liquidity pool changes relative to each...

Energi (NRG) Project developing tokenized Energi for use on Uniswap

1 Oct 2020 1 minute read 0 comments bingoce

  Energi Project is developing a new complimentary token to be used alongside it's main NRG coin. After the release of Energi Gen 3, the NRG coin moved to its own block-chain separate from Ethereum which removed it from the ETH ecosystem. A "wrapped"...

Top Things You Should Know About Uniswap (UNI)

1 Oct 2020 9 minute read 13 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the popular decentralized on-chain token swap protocol – Uniswap (UNI). Uniswap is a decentralized protocol for automated liquidity provision on Ethereum. It enables users to se...

Belacam Update: Uniswap listing, future development, team recruitment

1 Oct 2020 1 minute read 3 comments Zan Poglajen

It's been a while since we've posted any new updates about Belacam, due to the project being in a holding pattern as stated in The BELA plan for Q2 2020 update. I am, however, happy to announce that there have been some changes to the project and fut...

HIVE HardFork ! Promising LEO....

1 Oct 2020 3 minute read 0 comments Rehan

If you are not active at this period of the time in the crypto sphere, be aware you are missing a lot! I literally mean it. Last couple of days there have been surge of several components in crypto, which is shaking the market in ways which were comp...

Discover the Functionalities and How to Use Uniswap

1 Oct 2020 1 minute read 0 comments Chesatochi

The king of the automated market maker is Uniswap on the Ethereum network. Come, read, and discover the functionalities on my latest blog post! Uniswap article link: https://chesatochi.com/discover-the-functionalities-and-how-to-use-uniswap/ ●▬▬▬▬▬▬▬...

Did BurgerSwap Of Binance Smart Chain Incite The Timely Birth And Air drop Of Uniswap $UNI?

30 Sep 2020 1 minute read 1 comment surpassinggoogle

In this cryptoulog, we playful ponder on whether Burgerswap which is a tool similar to Uniswap but hosted on the Binance smart chain, incited the inception of Uniswap's governance, hence the birth of its $UNI (a governance token), which was airdroppe...

$UNT - How Not To Get Scammed or Rug Pulled on Uniswap Using UniMonitor

30 Sep 2020 1 minute read 0 comments Steven Aitchison

#UNT #UniMonitor #uniswap Buy UNT Tokens: https://app.uniswap.org/#/swap?outputCurrency=0x6dddf4111ad997a8c7be9b2e502aa476bf1f4251 Telegram Group: https://t.me/UniMonitorTools Dashboard: https://tools.unimonitor.io/#/dashboard Contract Address: 0x6d...