Cryptocurrency Q&A What does Uniswap coin do?

What does Uniswap coin do?

Paolo Paolo Mon Nov 04 2024 | 8 answers 1992
Uniswap coin is a cryptocurrency token used in the Uniswap decentralized exchange protocol. It facilitates automated token swaps between Ethereum-based tokens without the need for buyers and sellers, and provides liquidity to the exchange through liquidity pools. What does Uniswap coin do?

8 answers

Maria Maria Wed Nov 06 2024
UNI serves as the cryptocurrency utilized by Uniswap.

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Lucia Lucia Wed Nov 06 2024
Individuals have the opportunity to earn UNI.

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Stefano Stefano Wed Nov 06 2024
Uniswap operates as a decentralized protocol.

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BlockchainVisionary BlockchainVisionary Wed Nov 06 2024
Earning UNI involves committing not to sell or trade crypto holdings.

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Margherita Margherita Wed Nov 06 2024
It provides users with the ability to offer liquidity.

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