ButterflyEffect/uniswap-interface-uncensored
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Uniswap without TORN censoring
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Merge pull request #2 from uvilchis/dev 
use globalWeb3 for block timestamp
2018-03-15 20:35:52 -04:00
public add github pages dependency and CNAME 2018-01-20 21:28:50 -05:00
src globalWeb3 redux logic ready 2018-03-15 20:29:55 -04:00
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README.md Fix readme header 2018-01-18 14:15:59 -05:00
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README.md

Uniswap - a trustless, decentralized exchange for Ether and ERC20 tokens

Uniswap exchange uses a "Market Maker" mechanism, where liquidity providers store a reserve of ETH and ERC20 tokens within an Ethereum smart contract. An exchange rate is set between the tokens and ETH based on the relative availibility of each token. Arbitrage ensures that the rate will be the same as on other exchanges. Buyers who send Token 1 to the smart contract will receive back Token 2 at the current rate. A small fee is paid from the buyer to the liquidity providers to incentive participation.

A full writeup with math and whatnot will be written soon. Until then, here is some more info on Market Makers:

https://www.reddit.com/r/ethereum/comments/55m04x/lets_run_onchain_decentralized_exchanges_the_way/ http://vitalik.ca/general/2017/06/22/marketmakers.html

Please reach out if you would like to get involved or support the project.

Demo: https://uniswap.io/ Email: hayden@uniswap.io ETH Address: 0x4779721CaC18A46DbCF148f2Dd7A8E6cc1F90078