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About Uniswap

Uniswap (UNI) is a decentralized trading protocol built on Ethereum that enables automated token swaps without intermediaries. Launched in November 2018, Uniswap uses an automated market maker (AMM) model, where liquidity pools governed by smart contracts replace traditional order books. This design allows anyone to provide liquidity and trade ERC-20 tokens directly on-chain, improving efficiency and reducing reliance on centralized exchanges. In September 2020, Uniswap introduced the UNI governance token, granting holders voting rights on protocol upgrades and community decisions, reinforcing its role as a key component of the decentralized finance (DeFi) ecosystem.

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