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Uniswap on its way to a bright future thanks to these factors backing its growth
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Uniswap is one of the most well-renowned names in the DeFi space. It as such plays a dual role, as both a cryptocurrency [UNI] and and a decentralized exchange [DEX]. Based on the Ethereum blockchain, Uniswap allows anyone to swap ERC20 tokens. And over time, the underlying token has witnessed its own fair share of ups and downs.
Of late, however, things have taken an interesting turn. So, i n this article, we’ll highlight the same and analyze the current state of both the aforementioned fronts of Uniswap.
Well, Uniswap’s main distinction from other DEXes is that it uses the ‘constant product market marker’ model as its price mechanism. This means any token can be added to Uniswap by funding it with an equivalent value of ETH and the
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