Originally published in the ChangeNOW blogUniswap is Ethereum\u2019s most popular decentralized exchange with $2.1 billion secured in its contracts as of October 2020. This makes the Uniswap exchange occupy one-fifth of all value locked in all decentralized finance applications combined. With an average of 38,000 daily users trading daily on the exchange, it occupies 95% of all decentralized exchange (DEX) trading. In terms of trading volume, it translates to US$263 million daily.The governance token of the Uniswap exchange is called UNI. The token was introduced on 17th September 2020. Before delving deeper into the basics of the token, let\u2019s have a look at its features and uses. It is important as UNI tokens derive their value from the current stronghold that Uniswap maintains in the decentralized exchange market.Zero Listing Fees. In this platform, one can trade any Ethereum-based token. The users stake their tokens in liquidity pools (it determines which tokens are listed). Since the protocol does not have a listing process, it does not charge any listing fees.A Wide Variety of Trading Pair Options. In Uniswap V2, users are free to combine any two ERC-20 tokens to form a trading pair. It does not require using ETH. The platform offers a wide range of trading pairs that may go up to as high as 2,000 different types. According to industry experts, the platform surpasses every other exchange in this regard.The Non-Custodial Funds Authority. In Uniswap, the funds are not controlled by the platform. It\u2019s the smart contracts that handle user funds. There are two types of contracts: the factory contract takes care of each set of trading pairs, whereas the periphery ones support the system in other ways. Since each trading pair gets a separate smart contract, the funds reach the users\u2019 wallets almost immediately.Extendability and Customization Options. Developers\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Originally published in the ChangeNOW blogUniswap is Ethereum\u2019s most popular decentralized exchange with $2.1 billion secured in its contracts as of October 2020. This makes the [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/2752"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/comments?post=2752"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/2752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media\/2753"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media?parent=2752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/categories?post=2752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/tags?post=2752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}