Don’t fret. We’ve compiled a FAQ for you below—dive in and explore.
Uniswap is one of the most popular Ethereum-based protocols. It is a decentralized exchange where users can directly swap tokens with each other or create markets (called liquidity pools) by locking in their tokens and earning yield.
Uniswap was created on November 2, 2018, by Hayden Adams. Adams is a former mechanical engineer at Siemens.
UNI is the main governance token of the Uniswap platform.
There are several ways that you can use UNI:
You can now buy UNI at CoinSmart with CAD/EUR/USD.
Crypto Asset Statement
Most recent update: November 3, 2021
This overview provides a summary of certain risks involved trading any crypto asset and is not exhaustive. Investors are encouraged to conduct their own research prior to trading any crypto asset.
No securities regulatory authority has expressed an opinion about the Crypto Contracts or Uniswap , made available on the CoinSmart Platform, including an opinion that Uniswap is not itself a security and/or derivative. Changes to applicable law may adversely affect the use, transfer, exchange or value of your crypto assets and such changes may be sudden and without notice.
Prior to listing Uniswap on the CoinSmart Platform, Simply Digital Technologies Inc. (SDT) conducted due diligence and determined that Uniswap is unlikely to be a security or derivative under Canadian securities legislation. Our analysis including reviewing publicly available information concerning:
Like all crypto assets, there are general risks associated with Uniswap including: volatility risk, liquidity risk, short history risk, demand risk, forking risk, code defects, regulatory risk, electronic trading risk and cyber security risk. For additional information of general risks associated with crypto assets, you may refer to the Risk Statement. Further, Uniswap is the most popular Ethereum-based decentralized exchange (DEX). While Uniswap governance is decentralized, Uniswap Labs still have a lot of say in the protocol development. Such informal governance may result in new changes or updates to UNI that impact its value.
As a reminder, this Crypto Asset Statement is not intended to be exhaustive of all risks associated with trading Uniswap and we encourage you to conduct your own due diligence to determine whether trading Uniswap is right for you.
SDT is offering Crypto Contracts on crypto assets in reliance on a prospectus exemption contained in the exemptive relief decision Re Simply Digital Technologies Inc. dated December 21, 2021 (the Decision). Please be aware that the statutory rights in section 130.1 of the Securities Act (Ontario), and, if applicable, similar statutory rights under the securities legislation of each other province and territory in Canada, do not apply in respect of the Crypto Asset Statement to the extent a Crypto Contract is distributed under the prospectus relief in the Decision.