UNI is an exchanging protocol ERC20 tokens, based on Ethereum. It provides the best conditions for work — eliminates any intermediaries and unhelpful systems, ensuring rapid and efficient trading. Today it is an open-source system frame with a GPL license.
To explore UNI for yourself, its features, and scopes, check more information on this page.
If you want to know how to use Uniswap, let’s mention the main technical aspects of the system. First of all, UNISWAP is a fully automated system with a liquidity protocol. Secondly, it includes template SmartContracts adjustment of liquidity pools and corr. markets creation, which are compatible with each other (one of the reasons to integrate hi-tech solutions). The peculiarity of each pool is the SmartContract existence. It includes many functions for swapping tokens and others. For more information, check How UNI works from the doc.
The production cost is determined by number of tokens in the pool. The SmartContract is in continuity with function:
It is important to mention that a certain amount of tokens can be removed for each trade. To equate k, the user needs to adjust the balances throughout the deal. It helps to change the price.
If you are having any problems with the system, as swap doesn't work correctly, you need to swap a fee on remittance or deflationary token. To solve the problem, you need to open settings and adjust SlippageToleranceAccordingly. Following uniswap.org support you can get recommendations at any time.
If you want to see your liquidity provider fees, know why your transaction cost $$$, add a token to UNI, or find an answer to your questions — use our online tech support. Our experts will consider your appeal, and answer all your questions. For more info we recommend you follow the links: FST and STMM. There you can fix stuck transactions in trust wallet and stuck transactions in MetaMask.