Uniswap's Influence on DeFi Continues to Grow Amid Regulatory Challenges
Uniswap's governance token, UNI, has been making waves in the DeFi space. Launched in 2018, Uniswap revolutionized decentralized finance by enabling peer-to-peer trading of ERC-20 tokens without intermediaries.
The platform uses an Automated Market Maker (AMM) model, replacing traditional order books with liquidity pools where users provide liquidity and earn transaction fees.
UNI token holders have a say in governance decisions, shaping the future of the protocol. With low fees, open access, and robust security, Uniswap has become a key infrastructure in DeFi.