Uniswap (UNI)
Official website: https://uniswap.org/blog/uni/
What is Uniswap?
Uniswap is a widely used decentralized trading protocol, renowned for its role in enabling automated trading of decentralized finance (DeFi) tokens.
Uniswap launched back in November 2018 but has earned substantial recognition this year as a result of the DeFi phenomenon and related surge in token trading. Uniswap intends to maintain automated token trading and keep it completely open to anyone who holds tokens, whilst enhancing the effectiveness of trading versus that on traditional exchanges.
Uniswap produces more efficiency by resolving liquidity issues with automated solutions, averting the troubles which afflicted the first decentralized exchanges.
In September 2020, Uniswap created and awarded its own governance token, UNI, to past users of the protocol. This added both the potential for profitability and the ability for users to shape its future — an attractive aspect of decentralized entities.
Team
Uniswap was created initially as a plan to introduce AMMs on Ethereum to a wider audience. The creator of the platform is Hayden Adams, who also works as an Ethereum developer.
Adams has worked on several projects while completing the final developments of Uniswap, his work being directly influenced by the creator of Ethereum Vitalik Buterin. Adams has also previously stated that the original idea for the Uniswap platform arose from one of Buterin’s blog posts.
UNI Allocation
UNI, the native token, has had 1 billion tokens minted at genesis and will become available over the next 4 years. The initial four year allocation is as follows:
• 60.00% to Uniswap community members 600,000,000 UNI
• 21.266% to team members and future employees with 4-year vesting 212,660,000 UNI
• 18.044% to investors with 4-year vesting 180,440,000 UNI
• 0.69% to advisors with 4-year vesting 6,900,000 UN
Where to Store Uniswap (UNI)
You can store your Uniswap in Exodus along with various other cryptocurrencies. Exodus is free and easy to use and can be downloaded to either a desktop or mobile device. Exodus will then be tied to whichever device it has been downloaded to which will also be the device you will use to access and manage your crypto assets.
Trust wallet is a wallet that can hold a wide variety of cryptocurrencies such as Uniswap making it highly desirable for users who wish to have a varied portfolio. Being owned Binance, it also a very trusted wallet in the crypto community.
Leading hardware wallet providers such as Ledger are integrated with Uniswap and UNI wallets will come as standard on their devices.
Where to Buy and Sell Uniswap (UNI)
You can Buy & Sell Uniswap (UNI) by heading over to the Buy Coins page of our website. Uniswap (UNI) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying Uniswap has never been easier, simply place your order and provide your wallet address.
Once your payment arrives Uniswap will be sent directly to your wallet. If you choose to Sell Uniswap (UNI) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on the ‘Sell Coins’ page.
Uniswap (UNI) Resources
Website: https://uniswap.org/blog/uni/
Block Explorer: https://etherscan.io/
Twitter: https://twitter.com/UniswapProtocol
GitHub: https://github.com/Uniswap
Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.