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.


The biggest DEX in Ethereum, Uniswap, launches in Polygon Network

29 Dec 2021 2 minute read 0 comments Greenchic

Image Source  Uniswap was one of the early DEXs to emerge in the Blockchain sphere Big Grand news for Polygon is that Uniswap, the No.#1 Defi application in layer 1 Ethereum would launch on the Polygon network. This news, got me thinking of the earl...

NFTs to Gift: Thoughts on 2021--the Year of the NFT

21 Dec 2021 3 minute read 4 comments Rekt

     For those of us who've been in the blockchain space for years, it's important now that the eye of the world are on NFTs proceed with our NFT-facing projects the right way. That means asking what our end goals are. They should be to uplift the b...

Defi Review #1: Uniswap The Market Maker

21 Dec 2021 2 minute read 1 comment xuanling11

Uniswap is a decentralized finance protocol for decentralized cryptocurrencies exchange. It makes automatical exchange viable without third-party interference. It operates as its own market and provides services without any human interference besides...

Using Uniswap is it worth the risk as not a high roller.

14 Dec 2021 1 minute read 0 comments MLopez

Dear reader, welcome to my first post on Publish0x please feel free to leave a comment, like or dislike (with some feedback ;). Is it worth the risk and time to use Uniswap with a small amount?Lets find out. But first of all: What is Uniswap Uniswap...

Uniswap Portfolio Tracker: Taking the Guesswork Out of Portfolio Management

7 Dec 2021 3 minute read 4 comments Ben Sash

As Uniswap continues its stellar growth, a good portfolio tracker with Uniswap compatibility has become a must for many traders. New users, in particular, have found the old tools complex and confusing, and there is a clear need for asset management...

How to use Metamask Swap

6 Dec 2021 1 minute read 0 comments Fizz on my Jayce

Hello everyone, today I am going to talk about metamask swap What is Metamask swap?   Metamask swap is a new feature of metamask where you can exchange your coins for any other coins available or supported by metamask. How to swap a token using...

XY Finance, the DeFi-Metaverse Crosschain Swap Aggregator

6 Dec 2021 4 minute read 0 comments Bit Media Buzz

XY Finance has built an efficient and user-friendly cross-chain swap for DeFi & Metaverse and single-token liquidity provision service through X Swap and Y Pool. Of them, X Swap caters to users' cross-chain needs between multiple chains, and the new...

LUNA, LINK, UNI, DAI and CETH: Top 5 best DeFi crypto in 2021!

3 Dec 2021 3 minute read 0 comments Tremplin.io

There is noise on the financial side. There is even noise due to the landing of DeFi (Decentralized Finance). At the origin of this din, the blockchain which brings back a whole series of issues: transparency, instantaneity, access by the large numbe...

Free NFT from Binance Exchange

1 Dec 2021 1 minute read 0 comments kingscrown

  http://fuk.io/binance - register to exchangeDownload Binance AppEnter code for free trickets - 7057771 Subscribe to know all airdrops on time ! ► http://fuk.io/yt Want to read my unique interviews with top cryptocurrency entrepreneurs? Have a look...

UniUP/USDT - Binance // Buy Zone

21 Nov 2021 1 minute read 0 comments Ignacio_

Hi guys. How´s going there? I bring you an analysis of the UNI leveraged token, I usually use Bianance's leveraged tokens, in this way I avoid the risk of liquidation and in turn the profit (or loss) is multiplied by approximately two. UniUP / USDT i...