Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

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DeFi Deep Dive - PancakeSwap vs Uniswap

Written By Ivan on Tech

Feb 21, 2021

PancakeSwap has seen a lot of interest in recent weeks. Essentially a clone of Uniswap, PancakeSwap provides a very similar user experience to Uniswap. However, with rising Ethereum transaction fees and network congestion, a serious automated market maker (AMM) competitor was bound to emerge. There have been several attempts to copy the #1 AMM on Ethereum. However, the first-mover advantage and strong fundamentals have kept Uniswap in the spotlight for several months. Until recently, that is, when PancakeSwap rose to prominence seemingly overnight. The space has seen a huge wave of adoption and trading volume galvanized by the Binance Smart Chain community. But, how do PancakeSwap vs Uniswap stack up against each other?

In this article, we’re going to explore the PancakeSwap and Uniswap AMM platforms and weigh the pros and cons of each. Also, we’re going to explore how these platforms rose to the top as the two DEXs with the highest trading volume. Furthermore,...

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What is Uniswap - Exploring Uniswap and the UNI Token

Written By Ivan on Tech

Oct 17, 2020

Uniswap is arguably the most popular decentralized exchange (DEX) on the Ethereum network, boasting over $2.7 billion in total value locked (TVL) at the time of this writing. To be more specific, Uniswap is an automated market maker (AMM). It allows anyone to swap ERC-20 tokens without having to find a buyer or seller on the other side of the trade.

Through being a DEX, people can use Uniswap in a trustless manner. They don’t have to deposit their funds or KYC identity documents to a central server where they can be hacked. After all, hackers do break into centralized exchanges (CEXs) quite often. So, to its credit, Uniswap has never had a hack or major bug inflict damage to its protocol. This has led to ever-increasing trust and has helped Uniswap vault to the top of the DeFi Pulse rankings.

The decentralized finance (DeFi) sector is hotter than ever, and Ivan on Tech Academy is your guide to all things blockchain-related, such as DeFi. What’s more, Ivan on Tech Academy...

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