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.

Why I had to tell the SEC about the UNI air drop.

29 Sep 2020 2 minute read 11 comments Hippos4ever

Okay, so I didn’t HAVE to, but I did. I took the 45minutes maybe a hour, went to the SEC website, and formally filed a complaint against Uniswap and its creator, Hayden Adams, for security violations including fraud, and the offering of a unverified...

Uniswap v3.0.0 Protocol Interface Layer 2 is coming?

29 Sep 2020 1 minute read 3 comments fetinafety

The Crypto enthusiast over the globe know that UNISWAP V2 released and UNI token governance has been launched, each one of you claimed you 400 UNI. Cheer up, buddy!!! Do you know that the UNISWAP V3.0.0 interface protocol layer 2 is coming? Yesterday...

Uniswap becomes the first protocol to hit the $2B in total value locked.

29 Sep 2020 1 minute read 0 comments alberdioni8406

It's spectacular and amazing how this protocols can have so much people believing and support them all over the world, people trust automated market makers than traditional financial services and that can be proved with the value locked in those prot...

NFT Craze & Uniswap Governance

29 Sep 2020 6 minute read 0 comments CPix

NFT App If you’re an aspiring artist or just someone who wants to use a new Ethereum application, is a great place to start. The user interface is easy to use and understand. Rarible allows anyone to mint, buy, or sell an Ethereum Non...

A Comprehensive Guide To Liquidity Providing and Impermanent Loss – Part 1

28 Sep 2020 4 minute read 5 comments Violet64

Finally tackling perhaps, the biggest term in the DeFi space, one that has drawn in billions of dollars in value into the space and has been highly confusing for beginners. The idea of providing liquidity to a market is nothing new, it is essentially...

Uniswap Total Value Locked Reaches $2 Billion Thanks To UNI Farming

28 Sep 2020 1 minute read 0 comments CryptoBrowser

The All-Time High In Total Value Locked Makes Uniswap The First Defi Platform To Surpass The $2 Billion Milestone   The DeFi sector marked yet another milestone, as the total value of collateral locked in the Uniswap`s protocol surpassed $2 billion.... is a new DeFi platform that’s based on the Uniswap protocol

28 Sep 2020 4 minute read 0 comments JaksHitam

The traditional finance market is centralized. Focal specialists issue the normal money that drives our economy and utilized for each exchange like the legislature and banks. In this manner, the ability to oversee and manage the stream and gracefully...

Episode #14 - WoW! - DeFi with Zerion, Sun Token, and Uniswap!

27 Sep 2020 1 minute read 0 comments Chesatochi

On this podcast, I continue to talk about and share great gems about DeFi, so it's worth to listen to it right now and discover great things. Podcast link:

CC110 - Presentation on How to Use Uniswap

26 Sep 2020 1 minute read 0 comments Chesatochi

#uniswap #dmm #defi #dex Uniswap is a decentralized trading exchange that runs over the Ethereum network. In this video, I show you how to use it. Uniswap: ●▬▬▬▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬▬● Trezor Hardware Wallet: https://ch...

TronDash: Top Trusted Tron Tool Transitions Governance into a DAO

26 Sep 2020 2 minute read 0 comments CryptoSayso

   I enjoy following blockchain projects that offer longevity or substance behind new use cases or innovation advancements. With huge projects like $SUSHI starting and finishing in 2 weeks, it says a lot when a project is around for years, rather tha...