
Uniswap (UNI)
UNI
- Price 24H1.64% $4.83
Number of casinos: 6
Cryptocurrency Summary
Uniswap (UNI) stands as one of the most prominent decentralized protocols within the cryptocurrency space, revolutionizing the way tokens are traded and making decentralized finance (DeFi) more accessible to a global audience. Launched in 2018, Uniswap operates as an automated market maker (AMM), which allows users to exchange a wide range of tokens directly on the Ethereum blockchain. Through its innovative approach, it eliminates the need for traditional order books and centralized exchanges, instead relying on liquidity pools to facilitate transactions. This method provides a more efficient and transparent means of trading, solving many of the issues faced by early decentralized exchanges. With the creation of its governance token, UNI, Uniswap has further empowered its community by giving token holders a voice in the future direction of the protocol.
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