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“I Thought I Was Living in a Simulation.” The Story Behind The +$500k Uniswap NFT

“I Thought I Was Living in a Simulation.” The Story Behind The +$500k Uniswap NFT

A DAO bought the artist pplpleasr’s Uniswap V3 teaser video for $525K and she has committed to donating all proceeds to charity. Here’s how probably this year’s most inspiring DeFi story went down.  The 46 second video shows a pink unicorn walking through a barren landscape while tubes, which pplpleasr has later said symbolize the…
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Uniswap V3 Drop Features L2 Move and 4,000x Gain in Capital Efficiency

Uniswap V3 Drop Features L2 Move and 4,000x Gain in Capital Efficiency

Uniswap has mapped out what is perhaps the most anticipated DeFi product launch of the year with its post introducing its version three (V3) iteration.  The team confirmed what many hoped: following a targeted May 5th launch, a deployment to Optimism’s Layer 2 scaling solutionis “set to follow shortly after.”  As Uniswap trades currently cost…
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$SOCKS is Now Worth $85k. That’s it. That’s the Headline.

$SOCKS is Now Worth $85k. That’s it. That’s the Headline.

If you’ve ever felt that twinge of disappointment upon unwrapping a birthday gift and seeing a pair of socks, DeFi is here to give you a wake up call. Unisocks (created by Uniswap) is DeFi’s twist on…well, socks. And just like pretty much everything else in DeFi right now, they’re on a major bull run. …
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The Road to Uniswap’s $100B in Trading Volume

The Road to Uniswap’s $100B in Trading Volume

Uniswap has become the first decentralized trading platform to process over $100B in volume, a sign DeFi is starting to compete in the big leagues of crypto.  The milestone for the DEX, which launched just over two years ago, shows that automated market makers, which are based on token liquidity pools instead of centralized order…
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Uniswap Liquidity Near All-Time High – This Time Without Liquidity Mining

Uniswap Liquidity Near All-Time High – This Time Without Liquidity Mining

Uniswap liquidity is fast approaching an all-time high and this time the most used decentralized exchange (DEX) isn’t riding the wave of its liquidity mining program. The automated market maker (AMM) hit a previous high of $3.36B in liquidity during the end of its incentive program when the exchange was awarding liquidity providers (LPs) with…
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Uniswap LPs Prove to be Fickle as UNI Holders Stick Around

Uniswap LPs Prove to be Fickle as UNI Holders Stick Around

Markets Update by Lucas Outumuro IntoTheBlock. On-Chain Impact of the End of UNI Mining Uniswap’s UNI release had major effects on the DeFi space. Just hours after the UNI airdrop, Ethereum hourly fees and gas costs reached a yearly high. Similarly, UNI’s liquidity mining program led Uniswap to become the DeFi protocol with the highest…
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Uniswap Liquidity Plunges After UNI Rewards End

Uniswap Liquidity Plunges After UNI Rewards End

Uniswap’s total liquidity has almost halved after the decentralized exchange ended its token rewards program on Monday afternoon. Down to $1.8B from a peak of $3.3B just 24 hours earlier, the drop in liquidity goes to show how powerful UNI rewards were for attracting capital, good for the #1 spot on DeFi Pulse’s TVL leaderboard…
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Uniswap's UNI Instantly Becomes One of DeFi's Most Widely Held Tokens

Uniswap's UNI Instantly Becomes One of DeFi's Most Widely Held Tokens

Uniswap dropped the mic with the surprise launch of its native governance token – UNI. Uniswap,  the leading DeFi DEX averaging more than  $350M in daily volume over the past month, airdropped 15% of the total 1 billion UNI minted at genesis, to anyone who had ever interacted with the protocol since its inception. UNI…
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"I F*cked Up. And I am Sorry:" Chef Nomi Returns $14M of ETH to SushiSwap

"I F*cked Up. And I am Sorry:" Chef Nomi Returns $14M of ETH to SushiSwap

There’s yet another twist to this California Roll. The founder behind the Uniswap fork SushiSwap, an anonymous developer going by the name of Chef Nomi who had run off with about $14M worth of ETH and prompted accusations the project was an exit scam, today returned his stash. “To everyone. I f*cked up. And I...
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SushiSwap Drains Uniswap Liquidity. Still, Everyone Won

SushiSwap Drains Uniswap Liquidity. Still, Everyone Won

DeFi experienced what seemed like its first-ever hostile takeover today, except instead of stock buyouts and management shakedowns, it was driven by users switching platforms following their own economic incentives. Crypto capitalism at its finest. 1) well the migration is done; sushiswap is livehttps://t.co/c2JGZJ65Ch — SBF (@SBF_Alameda) September 9, 2020 SushiSwap, a fork of Uniswap,…