Advantages of Uniswap (UNI)

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Advantages of Uniswap (UNI)
As a pioneering DEX and one of the largest DeFi
projects on the Ethereum blockchain, Uniswap has
a number of pros that investors should bear in
mind. Because the UNI is a governance token of
Uniswap, its value is likely to rise or fall
with the popularity of the Uniswap platform.
Advantages Uniswap is an open-source software
platform, which means that it can be adapted by
other users wishing to create DeFi
projects. Because its a DEX that uses an
automated market maker model, users can
contribute to liquidity pools and earn rewards
this way. And because
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the DEX is built on the Ethereum blockchain,
users can trade ERC-20 tokens easily and at a
relatively low cost. Its native token, UNI, is
one of the largest cryptocurrencies by market
cap. The UNI token can be used to vote on changes
to the platform. As a decentralized exchange,
Uniswap enables users to keep control over their
crypto assets at all times. By allowing users to
retain control of their private keys, it reduces
the risk of those assets being hacked.
Source https//www.sofi.com/what-is-uniswap-uni/
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