π₯ TOP Crypto TIPS In My Publication π
π» Get The Prime Offers In Crypto π
π² Coin Bureau Insider Channel π
π¦ Observe Our Twitter π
πΊ dYdX Video π
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β° Time Stamps β°
1:36 What’s Uniswap?
3:50 Platform Overview
6:48 Performing a Dwell Swap
8:42 Pooling Funds
12:09 Pooling Methods
13:00 Uniswap Analytics Web site
14:27 Uniswap Model 2 Updates
17:08 Flash Swap Options
18:07 Conclusion
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βοΈ π Undertaking Hyperlinks π βοΈ
βΊ Web site:
βΊ Predominant Web site:
βΊ Information Web site:
βΊ Docs:
βΊ GitHub:
βΊ Whitepaper:
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π° Sources π°
βΊ Flash Mortgage Assault:
βΊ Paradigm Backing:
βΊ Defipulse:
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π Uniswap Overview π
Uniswap is a decentralised software or dApp that facilitates the onchain trade of ERC20 tokens. It’s extra colloquially generally known as a decentralised trade or a Dex. You management your keys and also you shouldn’t have to depend on one other third social gathering to function with honesty when facilitating a transaction.
Buying and selling is all executed by way of a Net 3.0 pockets like a Metamask or a ledger that connects by way of the browser. Your pockets will use the Uniswap sensible contracts with a view to work together with the Etheruem community and ensure the operations.
It is totally open supply and final 12 months they raised some seed funding from Paragigm ventures. Uniswap has seen an explosion in buying and selling exercise and volumes.
Uniswap only in the near past launched model 2 of their protocol. This has various thrilling options and enhancements over the primary iteration of the platform.
ποΈ Uniswap Options π
Pricing at Uniswap works a bit in a different way in than on different exchanges. It comes down to a few issues:
– Liquidity supplier charges (you’ll be charged a 0.3% charge)
– Slippage (quantity by which the value will change)
– Worth Impression (order is prone to transfer worth)
These options will replace the ultimate worth that you’re prone to get in your commerce however it’s not *assured*. You possibly can set your max slippage tolerance and if the commerce goes past this level then it is not going to be executed.
π» Performance π»
You have got three foremost features at Uniswap. These are the swap, ship and the Pool. If you find yourself swapping you’re making an trade on chain between two totally different ERC20 tokens.
While you use the ship, you may ship another person one other ERC20 token that you don’t maintain. This conversion is finished over at uniswap initially. Pool means that you can commit your personal tokens to offer a liquidity pool for different merchants to commerce and you’ll participate within the buying and selling charges (0.3% break up between).
If you’re going to be offering liqudity to the pool then you definately additionally should have a little bit of technique as to the way you do it. You’ll solely need to be offering liquidity to people who token pairs that you simply count on an entire host of buying and selling quantity.
You need to use the analytics web site to get an concept of which swimming pools want demand and that are already fairly full. If you’re going to swap and model 2 doesn’t have the liquidity then you may nonetheless use model 1 as it’s reside for so long as Etheruem is.
π¨πΌβπ» Model 2 Options π¨πΌβπ»
With Uniswap model 2, their oracle design must be resistant to those kind of flash mortgage assaults. They want to implement a time weighted oracle service that would make it tougher to shift costs in a brief interval.
Flash swaps which have related performance to flash loans. These enable customers to borrow as many ERC20 tokens as they need with no upfront price after which use these tokens to do no matter they need. That is all so long as on the finish of the transaction, they return the funds.
The actual alternative right here is that in-between step the place customers can do no matter they need with the funds. So, should you see that there’s a mispricing on another protocol and also you need to take benefit or “arbitrage” out that mispricing then you are able to do that.
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π Disclaimer π
The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who is just not a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable danger of loss. The speaker doesn’t assure any explicit final result.
#uniswap #ethereum #ETH #buying and selling #erc20 #swap #trade
Source: Coin Bureau
50 Responses
For all of those here after the UNI airdrop, I will be releasing a separate video dedicated to analyzing the token and its potential. So keep your eyes out for that π
BEWARE, IF YOU ARE USING UNISWAP AND THE TRANSACTION GETS CANCELLED FOR ANY REASON YOU LOSE THE ETHEREUM FROM YOUR TRANSACTION FEE, EVEN THOUGH A TRANSACTION DIDN'T TAKE PLACE -> it's straight doggie
I still don't understand why you would use something like Uniswap when you can just use something like Coinbase. Let's say I have 1 Bitcoin on Coinbase and I want to convert some Ethereum to Bitcoin. It's really easy to do. Why use Uniswap?
How do you think Uniswap will compare to Flare Finance when it comes out in a couple of months?
saw a couple of weeks ago that Enjin accessing real estate NFT, a cooperation between Wallstbet $APE and Enjin will be HUGE
TOOOOOOOOOOOOOOOO much for a beginner. I wonder who is your impressive talk targeted towards.
Uniswap is a scam at the moment. DO NOT DEPOSIT ANY MONEY WITH UNISWAP. You will not get your money back.
I like your videos a lot, subscribed. I want to know more about 1inch. Also, Metamask, and other wallets. There are some bad things posted about these. I want to use the DEX 'cos I can get more of the alt coins. Thank you for making these videos!
the whole thing is kind of confusing, I guess in time after becoming acclimated to the DAPs and Metamask it will be like second hand nature. I hold a few Dinu coins, I have on my metamask wallet. how would I get them to Uniswap to sell them or trade them for USDT? I appreciate the videos you create, very infomrative. and helpful. Thank you for putting the information on here for everyone to absorb .
Why is it when I go to do the same it shows fees between 150-400$
Uniswap and metamask are awful, Iβve tried buying low cap coins that arenβt on Binance and it wonβt let me I canβt stand it
I still dont necessarily know why uniswap is so useful or so grand, but im praying this video helps me out. I get that its an exchange but im not sure how it makes me money, if it does. Is this purely for liquidity?
Shibaswap is gonna destroy this.
I am a crypto doh doh and I actually get it when I listen to your videos… Thank You!
So really you can't have limit order through Uniswap which sucks.
AKITA TO THE MOONN π π π π π
Anyways or anyway? You're a Brit.
Thanks for the clear explanation,
. Iβm new to this crypto world. So once I contribute to the Liquidity pool, I can take it out anytime?
How do uniswap make their money π΅ ??
Great videos !
I always am learning the different projects and utility tokens
As always great content!
Good
love you man<3
You are the best mate πthank uπ
im not your buddy guy
Pura vida compa, saludos from Costa Rica!
As always, an unbelievably useful and competent presentation. Thanks, brother.
is metamask safe?
Gas fees make sending or receiving anything from UniSwap too expensive…. Waste of time at Β£40 a txn
This is so confusing. Iβm a noob. I see all these interesting projects that only have their coins on uniswap. Iβm struggling to understand how I purchase these coins. Iβm slowly getting there!
So glad I found this channel. Guy explains all of the details in a clear, concise manner. Thank you for simplifying something that would've taken me hours to understand.
This βGuyβ has helped me become more financially free. πΊπΈ
Do a goswap comparison! I'd love to hear your thoughts on it. Low fees! π
When doing things with ETH ? Is it all subject to the crazy ETH gas fees? Thank you
Thank you for this very helpful video . While using a Trust wallet to connect to uniswap , do you need to keep it connected to uniswap in the 20 minute standard time to execute the transaction or you can disconnect ? how do you know if the transaction went through ?
Uniswap haves huge potential. It haves much more room to grow. If we are patient and most importantly accumulate and buy the dips the price will explode
tbh not having order book is kinda bad because usually u can see the demand and stuff or where people are gonna start selling etc with an order book
also the ui is simple but not trader friendly, there're lots of data they can show in one full-screen page, price graph, liquidity size, recent swaps etc. kinda annoying that u have to jump from page to page to see these. 1inch has a better ui but not enough. also how do u decide the price if there's no liquidity for a pair. since the price is based on the ratio
and when i think about it order book trading sounds possible in DEX so i hope some pops up somewhere
Hi Guy, I have trouble to change the address on uniswap. I choosed one through Metamask and Ledger however I would like to change it. Is that possible or not?
Anybody else here speak cryptogeek? :-O
Hi Guy. Thank you for all of the great content. Now is there a video showing the small fish how to swap tokens on a smaller affordable level?
Nope Sifchain is the best dex now. Time to update the video! Get your EROWAN while you can, suckas!
How does Uniswap compare to other Atomic swaps like Blocknet?
i dont get it lol
Please do a follow up video on Uniswap
I liked the video
If you buy DAI the way you did, how do you secure that DAI, dont you have to send it "back" to a wallet? How does it work?
And abotu liquidity pools, can you get that crypto "back" if you want to use it on binance? Or is it locked there?
does using Uniswap require a hardware wallet?
Can you believe the fee was less than 1$?
Im too stupid to understand any of this. Im fine buying the uniswap token or aave or whatever but there no way ill ever use these platforms theres just too much to figure out. Its just easier to buy stuff on kraken or coinbase. I know the fees and theres no confusion. Idk. I just buy and hold.
Cryptocurrency is supposed to be cheap transaction's NOT PRICE GOUGING…Uniswap is one of the BIGGEST rip-off's when you swap you pay about $33.00 then when approved you have to pay $50.00 to $125.00 dollars for a swap that's only worth $50.00 that's insane uniswap are thiefs!!!