You Should Own ATLEAST +40 UniSwap (UNI) 🤑 UniSwap Price Prediction 2021 | UNI News Today
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Uniswap v3 | Uniswap Price Prediction | Uniswap Prediction | How To Use Uniswap | Uniswap is a decentralized finance protocol. It was launched on 2nd November 2018 and is built on the Ethereum blockchain. The aim is to facilitate exchanges between ERC-20 tokens (assets built on Ethereum).
Currently, most of the biggest cryptocurrency exchanges are centralized companies that are governed by a single authority — for example, Binance and Coinbase. But this is at odds with the overarching purpose of cryptocurrency. When Bitcoin was created in 2009, many people hoped that the world of finance was about to become more democratized, enabling people to make online payments without going through a centralized body such as a bank or financier.
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Uniswap aims to provide a decentralized alternative to Binance and Coinbase. It’s completely open-source and uses an automated liquidity protocol to promote fairness. This protocol means that sellers don’t need to wait for a buyer to come along before they can list their assets on the exchange. Uniswap users simply pool their funds to create liquidity pools that determine the price of each token. This means that any user can sell their assets for this price at any time, providing there are enough funds in the pool.
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