Uniswap
Hayden Adams, Noah Zinsmeister, and Dan Robinson founded Uniswap in November 2018. Uniswap is an exchange platform to trade digital assets with decentralization is achieved with the help of smartcontract, automatic market maker. It aims to eliminate the central control over the user assets and allows users to perform permissionless, limitless transactions anonymously. Uniswap has a trading volume of $263 million, and it has occupied 95% of DEX activity.
Key Benefits of Uniswap DEX Platform
Anonymous
Uniswap is a decentralized platform for trading tokens anonymously without KYC. Users with Wallet can access the uniswap platform.
Swapping/ Exchanging
Uniswap allows the users to trade any pair of assets on the platform and an additional option is to use ERC token as primary to exchange any pair of their assets.
Oracles
Uniswap stores all the data securely on the outside platform to ensure the security of the provided data and assets of the users.
Flash Swapping
Uniswap allows multi-step transactions known as flash swapping. Allows users to withdraw their ERC 20 token reserves.
New Tokens
Uniswap allows active trading by allowing anonymous to gain access to new tokens. To stabilize liquidity for new pools, users can develop their own tokens and pair with ERC 20 token.
What are Liquidity Pools?
Liquidity pools where users submit their assets to get interest in the form of rewards for locking their assets in liquidity pools. The rewards are given as LP tokens, and users with tokens can take part in the platform community for governance via voting. The user who got a loan via liquidity pools pays interest to the liquidity providers. The trading between the users is executed with the help of smart contracts.
Smartcontract
Smartcontract is a self-executable program code that runs when certain conditions are met. smartcontract is precisely defined previously among the parties publicly.
In the present scenario, passionate entrepreneurs are interested to start a defi platform like Uniswap. DeFi platforms like uniswap can be started with the help of a readymade script or developing from scratch according to the business scope.
Uniswap clone script is source code to launch a defi platform like uniswap and that has all alive features liquidity pools, smartcontract like Uniswap exchange. Uniswap clone aims to be a dedicated platform for trading tokens, permissionless, & limitless transactions via smartcontract over blockchain platform.
Exclusive Benefits of Uniswap Clone
Low Investment
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Welcome to Steem!
There are many growing communities here that you may want to join, here is the latest list of communities prepared by randulakoralage.
For general information about what is happening on Steem follow @steemitblog.
Here is a post that explains everything steps by steps that will help you understand more about Steemit ecosystem, wallet security, Newcomers Achievement Program, list of tutorials, how to use tag in your post, how to claim your reward, how to exchange SBD to Steem, and many useful information. Click here to view this post.
There is a set of achievements prepared by cryptokannon for new comers.
First go to New Comers Community
Read this summary about achievements.
First achievement is a self introduction. THESE are the rules for the post.
Likewise, you can do all achievements. You can learn about steemit related things and get rewarded as well.
Regards,
@neerajkr03
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