Crypto Currency

UNISWAP is an automatic exchange agreement based on the Ethereum blockchain, which aims to provide functions such as easy -to -use, efficient GAS use, anti -examination, and zero rental. The agreement supports the exchange between ETH (Ethereum) and other tokens, as well as the exchange between tokens and token.One of the most significant features of Uniswap is that it does not rely on the traditional order book system, but uses the design of the constant product market business. Species variant.UNISWAP is one of the most popular decentralized exchanges on the Ethereum blockchain. Users can trade cryptocurrencies on UNISWAP, can also participate in liquidity mining, and inject the currency they hold into the liquidity pool. UNISWAP uses UNI tokens for governance, and UNI token holders have the right to vote for the governance decision of the agreement.Uniswap supports any individual users to issue ERC20 tokens on its platform and create a corresponding fund pool. When a capital pool of an ERC20kens (such as the trading pool of ETH and ERC20 tokens or the trading pool between two ERC20 tokens) was founded, Uniswap encouraged users to exchange transactions in the fund pool. For the first time, users who provide liquidity in the pool have the right to set the exchange rate between the ERC20 token and ETH (or other ERC20 tokens), and obtain all the transaction fees (0.3%of the transaction volume).UNISWAP provides a decentralized way that users can trade without the custody of central institutions. The funds are completely controlled by smart contracts, so after each transaction is completed, the funds will be stored in the user's wallet immediately without providing identity verification (KYC) information or creating accounts.Starting from Uniswap V2, the development team can draw 0.05% of each transaction fee as the income, and other liquidity providers can also charge 0.3% of each transaction as the income.UNISWAP V3 introduces aggregate liquidity function based on the AMM curve, allowing liquidity providers to concentrate the funds within the price range they set, and provide more liquidity at the expected price. This upgrade enhances the flexibility and efficiency of the agreement.