icon - Uniswap
UNI Uniswap
-15.39%
$ 9.19113046
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 21
    Uniswap
    $ 9.19113046
    $ 5,503,061,973
    $ 822,929,577
    0 UNI
    -15.39%

Uniswap. Price of cryptocurrency: $ 9.19113046

What is Uni swap?
Uniswap is a popular trading protocol that facilitates automated trading of finance.
An example of an automated market maker, Uniswap, launched in November of last year, but has gained a lot of popularity this year thanks to the Defi phenomenon and the surge in token trading.
Uni swap wants to keep token trading automated and completely open to anyone who holds token, while improving the efficiency of trading compared to traditional exchanges.
Uni swap creates more efficiency by avoiding the problems of the first decentralized exchanges by using automated solutions.
In September 2020, Uniswap created and awarded its own governance token, UNI, to past users of the protocol.

Who are the people who started Uni swap?
The plan was to introduce AMMs to a wider audience.
Vitalik Buterin informed Adams of his work while he worked on various projects.
The original inspiration for the Uni swap platform came from one of Buterin's own posts, according to Adams.
There is a Uni swap DAO.
The Uniswap DAO has over 310,000 members that can vote on the governance of the DEX by holding the governance token. The proposal must get at least 25,000 yes-votes before it can be considered for further consideration. The next phase is the consensus check, where the proposer has to highlight the core changes and get at least 50,000 yes-votes. The governance phase needs 40 million yes-votes for the proposal to be adopted. Uniswap was the most dominant DEX in terms of trading volume and amount held in the treasury. BitDAO is a DAO focused on funding and investing in emergingcryptocurrencies.
What makes Uni swap unique?
The value that trading provides is what Uniswap exists to create.
One of the major AMMs has a protocol that uses a formula for automated exchange.
Uniswap tries to solve the issues that platforms such as EtherDelta experienced with liquidity.
The protocol reduces risk and costs byAutomating the process of market making.
The governance token was created in order to officially enshrin Uniswap as publicly-owned and self-sustainable infrastructure.
New features like price oracles, flash swaps and more were introduced in Uni swap V2. Uniswap V3 was launched on the mainnet on May 5, 2021. It has better execution for traders and enhanced infrastructure. The Uni swap price reached an all-time high of $44.97 before the mainnet launch of V3.
Uni swap acquires NFT Aggregator.
The next step in Uniswap's journey is to become a one-stop shop. The recent acquisition of NFT Aggregator and marketplace is intended to help the exchange's users unlocked universal ownership. The Uniswap product line could be seen as an intriguing development.
Users can discover, buy and sell non-fungible token (NFT) across multiple marketplaces with the help of Genie.
There are plans for Uni swap to offer aUSDC airdrop to early users of the genie platform. Any user who used or owned a Genie Genesis NFT by April 15 should be eligible for the upcoming airdrop.
The Uni swap NFT experience will keep the genie platform accessible to users. NFTs are still an important web3 gateway for mainstream users.
Uni swaps has ventured into the NFT space before. The limited-edition Unisocks collection was launched in 2019.
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How many Uni swap coins are in circulation?
The Uniswap governance token, UNI, has a total supply of 1 billion units.
Users, team members, investors and advisors make up the Uniswap community members.
15% can be claimed by those who used Uniswap before Sep. 1, 2020.
The purpose of the token is to enable shared community ownership in the growth and development of the protocol. UNI holders can participate in the governance of the Uniswap protocol in a neutral and trustless manner.
After four years after the launch of the UNI token, a 2% annual inflation rate will take effect.

How is the Uni swap network secured?
Uniswap is a protocol for trading and UNI is a governance token.
A set of rules for token, as well as security considerations related to the strength of the network, is defined by the ERC-20.
In addition, smart contracts can cause security issues that could lead to DeFi traders losing funds, and hackers have already succeeded in stealing millions of dollars.

Where can you buy uni swap?
Uni swap has a governance token that can be used for trading on major exchanges.
Uni swap has a protocol called Uni swap (V2) and Uni swap (V3).
No matter what token you purchase, you can read more about how to enter the market here.