Uniswap (UNI)
Uniswap (UNI) is a decentralized protocol for automated liquidity provision on Ethereum.
Uniswap (UNI) is a decentralized protocol for automated liquidity provision on Ethereum.
One major problem with illiquid assets on regular exchanges is "high spreads".
Uniswap solves this problem by enabling everyone to become a market maker. Uniswap suffers from high slippage for large orders because the price paid increases with the increase in the quantity.
UNI holders collectively control:
- Uniswap governance
- UNI community treasury
- The protocol fee switch
- Uniswap.eth ENS name
- Uniswap Default List (tokens.uniswap.eth)
- SOCKS liquidity tokens