What is uniswap protocol?

Uniswap, in essence, is a protocol for decentralized and permissionless exchange of tokens on the Ethereum blockchain. The initial version of Uniswap was launched in Nov 2018 and slowly started building users’ interest. In May 2020, at the beginning of DeFi Summer, Uniswap launched a second version of the protocol called Uniswap V2.

What is uniswap governance?

Uniswap Governance offers grant funding for people building apps, tools, and activities on the Uniswap Protocol. Governed by the community. The Uniswap Protocol is managed by a global community of UNI token holders and delegates. Participate by proposing upgrades and discussing the future of the protocol with the Uniswap community.

What's new in uniswap V3?

Uniswap v3 will introduce a plethora of new features which will address current problems and provide a more flexible and efficient AMM. Those features are: We could argue that concentrated liquidity is the only new flagship feature the team was aiming for, and the rest are byproducts or prerequisites to achieve concentrated liquidity.

What is the uniswap token?

The UNI token’s primary purpose is to allow holders to vote for different proposals and enhancements to further improve the platform’s development. Not only does it increase the public confidence in the Uniswap protocol, but it also provides a better safeguarding concept to the users’ treasury.