Uniswap is a decentralized exchange (DEX). It allows users to swap various Ethereum-based ERC-20 tokens from a simple web interface, as shown in the image below. Uniswap is currently the most popular DEX.
At the least, how do I get UNI tokens?
That, how do I claim 400 university?
You can easily claim your UNI tokens in just a few steps:
Visit the one of the Uniswap trading pages (ETH/USDT example).
Connect your ETH wallet.
If your wallet is eligible you will see a popup in the Uniswap app (top right corner).
Uniswap is a protocol on Ethereum for swapping ERC20 tokens without the need for buyers and sellers to create demand. It does this via an equation that automatically sets and balances the value depending on how much demand there is.
What is impermanent loss? Impermanent loss happens when you provide liquidity to a liquidity pool, and the price of your deposited assets changes compared to when you deposited them. The bigger this change is, the more you are exposed to impermanent loss.