What is Uni crypto used for?

Empowering UNI holders, the token allows those who possess 1% or more of the total UNI supply to actively contribute to the protocol's development by submitting proposals for improvements or new features.

However, the democratic nature of UNI governance extends beyond just the influential holders. Any UNI holder, regardless of their token amount, possesses the right to participate in the decision-making process by casting their vote on the proposals put forth.

This inclusive approach ensures that the Uniswap protocol evolves in a direction that aligns with the collective interests of its community, fostering a sense of ownership and engagement among its participants.

The UNI token holds a pivotal role in shaping the future of the Uniswap protocol. Its primary function revolves around facilitating the governance process of this decentralized exchange.

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