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.

Introducing Honeyswap

31 Jan 2021 3 minute read 0 comments Blazarius120

Honeyswap is a permissionless decentralized exchange (DEX) based on Ethereum, built on xDai Layer 2 scalability infrastructure. By utilizing xDai chain for transactions, Honeyswap allow users to trade any ERC20 token and experience fast and sec...

Helpful Tips To Help Improve Your Crypto Currency Trading Skills

31 Jan 2021 2 minute read 2 comments Godsplan

  Today is another great day and l’m here again to share my experiences and opinions with the the great community. I have being into crypto currency for a while now and have realized so many things. One thing I have realized is that crypto is one of...

What TELOS (TLOS) Did To Increase Its MarketCap to 300% In Just A Month?

31 Jan 2021 3 minute read 1 comment fycee

Imagine a Blockchain way more powerful and faster than Ethereum does not have any visibility in the trading platforms.   The Telos Uniswap Liquidity Implementation Plan (TULIP) - The Solution To LOW Liquidity For TLOS     Telos is considered to be t...

6 More Grayscale Trusts Coming Soon (DOT, ATOM, ADA, EOS, XMR, UNI, AAVE)

31 Jan 2021 1 minute read 1 comment Crypto Daily FX

On January 27, 2021, six new filings for crypto trusts were registered with the Delaware corporate registry by Grayscale Investments' associated entity. The 6 new trusts are all for altcoins that have been or increasingly are gaining popularity such...

How did he transform 0.001 ETH into 86.68 ETH? (+81 000 %) !

31 Jan 2021 1 minute read 5 comments AtipikNews

  How to transform ~ $1,30 into +$110'000 ?🤔   As the crypto-media Rekt explains here, a hacker discovered and exploited a security flaw in a low liquidity pool on SushiSwap. More specifically, this is the pool concerning the DIGG token of the Badger...

What Are Uniswap Liquidity Pools?

30 Jan 2021 3 minute read 5 comments Austin Reihl

Most users in the decentralized finance (DeFi) space are more than familiar with using Uniswap (UNI) to trade their favorite ERC-20 tokens. Despite this, many remain unfamiliar with the magic behind Uniswap liquidity pools (LPs) and how they are fund...

Another Important Update That Might Interest You.

30 Jan 2021 2 minute read 0 comments Godsplan

  It’s always a great pleasure for me anytime l’m to write down a piece to the great community of Publish0x. Today is another great day in the crypto community as many surprising events keep popping in and this is actually confirming the opinion that...

How my 8 USD became 88 USD overnight

29 Jan 2021 1 minute read 6 comments Suraz Bhattarai

Just after I woke up today, I started scrolling through Leofinance and I saw one post which said 'Dogecoin is on Fire'.Then I immediately visited to coinbase to see its price. I almost got shocked seeing the price which was around $0.08. The growth o...

Have You Also Heard About This!!!

29 Jan 2021 2 minute read 7 comments Godsplan

  Today is another great day and l’m still here to update the great community about what is currently speculating in the crypto market. Now, my quick question: have you heard about these, and if yes are you preparing towards the next bullish run in t...

🦄 Uni Coin to $100 🚀 🚀

28 Jan 2021 1 minute read 0 comments Chronocrypto

Unicoin 🦄 is burning right now it’s on fire it’s been pumped right now the market cap of Uni coin is around $4.3 billion now to be in the top 10 of all cryptocurrency‘s according to coin market cap which right now spot number 10 is for Binance coin....