Uniswap is a decentralized exchange development protocol, precisely it is an automated liquidity protocol there are no order books and users can trade without an intermediary with a high level of resistance to the censorship. The latter is one of the main value propositions of the cryptocurrency universe: no third party, state or company has the power to control these transactions. Only the network protocol has its own rules, known in advance. It is enough to respect these rules to be able to...Read more
Uniswap is a decentralized exchange development protocol, precisely it is an automated liquidity protocol there are no order books and users can trade without an intermediary with a high level of resistance to the censorship. The latter is one of the main value propositions of the cryptocurrency universe: no third party, state or company has the power to control these transactions. Only the network protocol has its own rules, known in advance. It is enough to respect these rules to be able to carry out trades. These operations are almost impossible to delete or modify.
Each user can also contribute to liquidity pools with a token, and receive commissions in the form of exchange fees. With the Uniswap protocol, anyone can create new markets and provide liquidity, making this innovative concept very popular with traders.
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