Uniswap Pool
In order for the pool to begin facilitating trades someone must seed it with an initial deposit of each token. The uniswap protocol empowers developers liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.
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When a pool contract is created its balances of each token are 0.
Uniswap pool. A suite of tools for a tokenized world. We build state of the art open source apps to access the uniswap protocol and contribute to the world of decentralized finance. Uniswap is an ethereum based exchange that allows anyone to swap erc20 tokens.
Theres no company involved no kyc and theres no person involved thats mediating things. Uniswap is a decentralized erc 20 token exchange and its not just for tokens. Each uniswap liquidity pool is a trading venue for a pair of erc20 tokens.
Uniswap v2 launched in may 2020 enabling direct erc20 to erc20 swaps and adding a host of technical improvements. Swap pool uni vote charts. This first liquidity provider is the one who sets the initial price of the pool.
It also supports ethereum and the beauty of uniswap is you can exchange eth for any other erc 20 token in a decentralized fashion. In september 2020 uniswap launched its uni governance token with an airdrop to anyone who had used the protocol before september 1.
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