Difference between revisions of "Uniswap"

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== Slippage ==
== Slippage ==
When transactions are submitted to Ethereum, their order of execution is established by the amount of "gas" offered as a fee for executing each transaction. The higher the fee offered, the faster the transaction is executed. The transactions with a lower gas fee will remain pending for an indeterminate amount of time. During this time, the price environment in which the transaction will eventually be executed will change, as other swaps will be taking place. <ref>https://docs.uniswap.org/protocol/concepts/V3-overview/swaps#slippage</ref>
When transactions are submitted to Ethereum, their order of execution is established by the amount of "gas" offered as a fee for executing each transaction. The higher the fee offered, the faster the transaction is executed. The transactions with a lower gas fee will remain pending for an indeterminate amount of time. During this time, the price environment in which the transaction will eventually be executed will change, as other swaps will be taking place. <ref>https://docs.uniswap.org/protocol/concepts/V3-overview/swaps#slippage</ref>
== Governance ==
Uniswaps organizational norms, code and future updates are determined by voting on proposals
To start voting in Uniswap Governance users will need:
* [https://uniswap.org/blog/uni UNI Tokens]
* ETH for transaction costs
* A browser with Metamask installed
The governance process begins in the Governance Forum, where you can find proposals under consideration, gather information about community sentiment, and engage with the community. <ref>https://docs.uniswap.org/protocol/concepts/governance/guide-to-voting</ref>


== Sources ==
== Sources ==

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