UNISWAP price, news and Forecast (UNI US DOLLAR)



ITB Widget Example


Big picture

Cryptocurrencies bullish themes

Cryptocurrencies bearish themes

Sponsor broker


Latest Crypto Analysis


Latest Crypto Analysis

Editors' picks

Cardano Price Forecast: ADA's recent breakout could trigger 15% rally

Cardano Price Forecast: ADA's recent breakout could trigger 15% rally

Cardano price rally on Monday suggests that a larger bullish move might be in the works. On-chain data shows a comeback in investor interest and entry of institutional investors.

More Cardano News

Ondo price poised to break ATH of $1.04

Ondo price poised to break ATH of $1.04

Ondo price is slowly testing its major support level at $0.63-$0.61. Aggressive buyers can consider accumulating around the immediate support zone, which extends from $0.83 to $0.80.

More Ondo News

Shiba Inu price flashes buy signal, 25% rally likely Premium

Shiba Inu price flashes buy signal, 25% rally likely

Shiba Inu price has flipped bullish to the tune of the crypto market and breached key hurdles, showing signs of a potential rally. Investors looking to accumulate SHIB have a good opportunity to do so before the meme coin shoots up.

More Shiba Inu News

New York Attorney General reaches $2 billion settlement with Genesis after claims of fraud

New York Attorney General reaches $2 billion settlement with Genesis after claims of fraud

New York Attorney General Letitia James says her office has secured a $2 billion settlement from Genesis. AG Letitia James sued the crypto company in October on account of lying and defrauding investors of over $1 billion.

More Cryptocurrencies News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin: Is BTC out of the woods? Premium

Bitcoin: Is BTC out of the woods?

Bitcoin price shows signs of continuing its uptrend, providing a buying opportunity between $64,580 to $63,095. On-chain metrics forecast a bullish outlook for BTC ahead. If BTC clears $70,000, the chances of resuming the uptrend would skyrocket.

Read full analysis

BTC

ETH

XRP


WHAT IS UNISWAP?

Uniswap is a decentralized exchange well positioned for community-led growth, development and self-sustainability. Its native token UNI serves the purpose of enabling shared community ownership and a vibrant, diverse and dedicated governance system, which will actively guide the protocol towards the future.

UNI officially enshrines Uniswap as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities.

Characteristics of UNISWAP

Uniswap was launched with the idea of solving decentralized exchanges' liquidity problem.

  • It is an Ethereum-based decentralized exchange that allows anyone to swap ERC20 tokens.
  • UNI allows the exchange to swap tokens without relying on buyers and sellers creating that liquidity.
  • Uniswap uses a pricing mechanism called the “Constant Product Market Maker Model.”
  • Any token can be added to Uniswap by funding it with an equivalent value of ETH and the ERC20 token being traded.

Differences between Uniswap and Bitcoin

Which are the main differences between UNI and BTC?

  • UNI is an ERC-20 token that powers the Uniswap platform.
  • 1 billion UNI have been minted at genesis and will become accessible over the course of 4 years.
  • A perpetual inflation rate of 2% per year will start after 4 years, ensuring continued participation and contribution to Uniswap at the expense of passive UNI holders.