To comprehend Uniswap, it’s imperative to grasp the underlying principles of decentralized exchanges. Unlike centralized exchanges, which rely on intermediaries to facilitate transactions, DEXs operate on a peer-to-peer basis, empowering users with control over their funds and trades. By leveraging blockchain technology and smart contracts, decentralized exchanges enable direct token swaps, fostering transparency, security, and censorship resistance.
Website: https://uniswap-uniswap.app/
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