What is Uniswap: (bitcoin, ethereum, trading, tokens, earn money online, tezos, chainlink, defi token)
What is Uniswap: (bitcoin, ethereum, trading, tokens, earn money online, tezos, chainlink, defi token)

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Uniswap is a protocol on Ethereum for swapping ERC20 tokens without the need for buyers and sellers to create demand. It does this via a equation that automatically sets and balances the value depending on how much demand there is.Decentralized exchanges solve many of the problems of their centralized counterparts including risk of hacking, mismanagement, and arbitrary fees. However, decentralized exchanges have their own problems, mainly lack of liquidity–which means a lack of amount of money sloshing around an exchange that makes trading faster and more efficient. That's where Uniswap comes in. It's trying to solve decentralized exchange's liquidity problem by allowing the exchange to swap tokens without relying on buyers and sellers creating that liquidity.

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  • Released: February 2, 2020
  • Author: Juan Jimenez
  • Rating: 5
  • Publisher: Ebook Store Group
  • Total Page: 209 pages
  • File Size: 1857 KB
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