Latest Posts with Uniswap tag

Uniswap (UNI)

423 Articles 789 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.


Unibright AMA with LunarCrush

20 Nov 2020 1 minute read 1 comment Dan

This week Ruud Huisman and Jack Wiering took part in an AMA with LunarCrush live on YouTube.   Check out the video below:       And of course, don't forget to keep an eye out for further announcements on the Baseline Protocol showcase with Unibrigh...

Uniswap and Other Defi News

20 Nov 2020 1 minute read 1 comment Official Okex

Sushiswap Testing Uniswap Liquidity mining on Uniswap ended so Defi Farmers are looking for other opportunities to provide liquidity. In the meantime, competitors like Sushiswap, Curve and Balancer have seen rapid growth recently. Sushiswap is doing...

Introducing GemTracker - The Ultimate Tool for Discovering Crypto Gems

20 Nov 2020 1 minute read 1 comment Sheepy Crypto

Introducing GemTracker This week saw the much-anticipated release of GemTracker Premium, which is available in exchange for a small contribution to cover development costs. For a limited time only, this donation will grant lifetime access, but what e...

Don't miss out on Glitchr.

20 Nov 2020 2 minute read 0 comments MadMaxx

After their OVERSUBSCRIBED presale that reached the 750ETH hardcap in less than an hour, Glitchr has now been listed on Uniswap. It's fallen a bit below presale price die to presalers dumping for a quick 2x, so for anyone that has been eyeing it for...

YUP Protocol: Rate for better content and internet

20 Nov 2020 1 minute read 0 comments Harshvardhan

What is YUP? Yup is a layer of social capital on the internet, that pays users for their opinion. More valuable your opinion is, more it will worth.   Why Join the YUP? Your opinion matters, for the better internet and for the better world of social...

Uniswap’s TVL Slips Down 57%, While Rivals Boost Yield Rewards

19 Nov 2020 1 minute read 0 comments CryptoBrowser

Rivals Like SushiSwap Are Increasing Their Liquidity Mining Rewards, Resulting In A Tri-Fold Increase Of SushiSwap’s TVL One of the largest DeFi yield farming protocols, Uniswap, recently suffered from a drastic decrease in the amount of collateral...

Hidden Gems: 3. DefHold

19 Nov 2020 1 minute read 0 comments Crypto Army

In this blog we discuss the potential of new projects, considered as hidden gems in the cryptocurrency market with great potential in mid-term to long-term investments. Today we are going to discuss a new project called DefHold, producing an ERC20 to...

My test of SWOP.FI, similar to uniswap but on the Waves Blockchain (faster and cheaper)

18 Nov 2020 2 minute read 1 comment DaniBom

My first interaction with crypto and blockchain was with Waves, when in the summer of 2017 I first installed the desktop wallet with integrated DEX and bought some $WAVES tokens using my card. The Waves protocol uses Leased Proof of Stake (LPoS), giv...

Uniswap Liquidity Mining Has Ended

17 Nov 2020 1 minute read 2 comments bruhhurb0912

It's been a long few months since UNI's arrival. The governance token sparked new interest in the exchange, causing UNI's price to soar to $5 as 400 tokens were airdropped to anyone who interacted with the protocol before September 1 (I was 5 days la...

Saffron Minting and Uniswap Listing

16 Nov 2020 2 minute read 0 comments Saffron Finance

40,000 SFI will be minted at 14:00 UTC on 2020–11–15 The Saffron team is adding $100,000 to the Uniswap SFI/ETH pool Saffron introduces a new pool concept, the AMM Liquidity Token Pool, incentivizing users to lock liquidity into the Uniswap SFI/ETH...