Uniswap Users Have Claimed $560M-Worth of UNI Tokens in a Week
Dune Analytics data shows nearly 80% of the current UNI token supply has so far been snapped up by eligible Uniswap wallet addresses.
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UniSwap’s native cryptocurrency, UNI, is at risk of continuing its downtrend by another 10 percent as the decentralized exchange undergoes its first governance vote. Members of the UniSwap community claimed that whales with access to large quantities of UNI tokens are unanimously changing the network rules. The accusations followed the launch of the first proposal […]
A new 1inch airdrop retroactively sends tokens to Mooniswap and Uniswap users. The 1inch.exchange protocol, a platform that aggregates decentralized exchanges and provides its own automated market maker, is airdropping a new stash of its 1INCH tokens.The airdrop follows the initial generation of the new tokens on Christmas, which were distributed to past users of the aggregator. A common point of contention for the initial airdrop was the exclusion of Mooniswap users and liquidity providers, as the project's AMM platform was superseded by an integrated 1inch Liquidity Protocol.The new....
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens via accessing specific smart contracts themselves, as the company behind the platform, Uniswap Labs, simply removed the tokens from the main interface. Uniswap Removes Tokens From Main Interface, Users Discuss Alternative Solutions On July 23, the startup Uniswap Labs announced that the development team....
Launched in 2018, Uniswap is a decentralized exchange protocol that allows users to swap between any two ETH-based tokens. Apart from providing a simple platform to liquidity providers, Uniswap has made the whole process of providing liquidity and earning trading fees a lot simpler. Uniswap liquidity providers earn trading fees on every trade made on […]
Uniswap (UNI) has been moving against the general sentiment in the market. As Bitcoin, Ethereum, and larger cryptocurrencies give out their last week’s gains, UNI’s price remains impervious and maintains bullish momentum. Related Reading | TA: Ethereum Breakdown Looks like the Real Deal, $1K Is The Key At the time of writing, Uniswap (UNI) trades at $5.7% and records a 10% profit in the past 7 days and a 32% profit over the last month. In smaller timeframes, UNI’s price has begun to weaken as it displays a 3% loss in the past day. Yesterday, liquidity providers on the platform....