Ȗniswap 𝑬xchange
Last updated
Last updated
The protocol encourages participation by sensitizing and lowering costs for all participants by streamlining the market-making procedure. The approach also eliminates user identification, allowing anybody to construct a volatility pooling for any combination of tokens. The administration token (UNI) was designed by Uniswap to "formally enshrin[e] Uniswap as clearly and openly and self-sustaining equipment while carefully protecting its irreversible and sovereign attributes," as per the company.
