What is Uniswap? (Animated) Decentralized Exchange + UNI Token
Автор: Whiteboard Crypto
Загружено: 1 мая 2021 г.
Просмотров: 248 217 просмотров
In this video, we explain what the Uniswap Decentralized Exchange is, including the purpose of it and the reason for the UNI token. There are 2 main uses for Uniswap.
So you could be a token swapper, and change your ETH for BAT for only .03%, which is useful to many traders. In fact, Uniswap currently has over one billion dollars trading each day.
Another main use is you could be a liquidity provider, and earn a return on your investment by lending it to the pool. Right now, there are 9 billion dollars in all of the pools on the Uniswap exchange.
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