Hayden Adams is the founder of Uniswap, a decentralized cryptocurrency exchange built on Ethereum. Adams, whose main profession is engineering, gave a completely different direction to his life after seeing a project on Reddit.
Hayden Adams Life
Hayden Adams was born on October 21, 1992 in the United States. It is known that he was interested in technology and finance at a young age.
Before starting Uniswap, he graduated in Engineering from Stony Brook University in 2016. During his time at university, he became interested in the intersection of computer science and finance, at which point he began to explore ways to use technology.
His computer science background has allowed him to publish research on topics such as decentralized systems and smart contracts. Adams has worked as a software engineer at various technology companies such as Blockstack, Siemens, and Consensys.
At Siemens, he was doing design explorations and engineering simulations for customers in the aerospace and automobile industries, but was dismissed after working for almost a year. This was the darkest period of his life, and he explained it this way:
“From a ‘I don’t know what to do with my life’ perspective, it was scary back then. I lived at home [in the New York suburbs] for a while.”
In those dark times, his friend Karl Froersh came as a “beam of light” and introduced him to his first crypto-related project on Reddit, titled “Let’s run decentralized exchanges on-chain as we run prediction markets.” The project was penned by the famous Vitalik Buterin, the founder of the Ethereum blockchain network.
Floresch suggested that Adams apply for a $65,000 grant from the Ethereum Foundation. The project named Uniswap won the grant.
Adams decided to step up and start his own company in 2018. She saw an opportunity to use her skills as an engineer to create a decentralized exchange that would allow people to buy and sell a variety of digital assets, including popular cryptocurrencies like Bitcoin and Ethereum.
And so Uniswap was born. The decentralized exchange quickly gained popularity within the cryptocurrency community thanks to its use of smart contracts and its decentralized nature.
What is Uniswap?
Uniswap is an Ethereum-based decentralized exchange. Uniswap is also increasing its popularity as it is open to the public. Uniswap, one of the most popular exchanges of recent times, is a 100% on-chain market generator that allows ETH to be exchanged for an ERC20 as well as ERC20 tokens and vice versa. It also allows you to contribute to liquidity pools for any ERC20 token and therefore earn commissions for doing so.