🐴A brief introduction about $UNI for your reference:
🐴UNI is the governance token of Uniswap, one of the largest decentralized exchanges (DEX) on the Ethereum network. Uniswap allows users to trade tokens without the need for intermediaries, using an automated market-making (AMM) mechanism.
The UNI token was launched in September 2020 to empower the Uniswap community in managing the protocol, deciding on upgrades, and allocating development funds. UNI holders can participate in voting, propose improvements, and play a crucial role in the platform's development process.
On exchange #Binance , UNI is listed with popular trading pairs such as UNI/USDT, UNI/BTC, and UNI/BNB. Users can buy, sell, or store UNI directly on Binance with low trading fees and high liquidity.
Uniswap is one of the largest decentralized exchanges on Ethereum, holding a top market share in DEX trading, often ranking high in trading volume. Being a “pioneer” in the AMM sector helps Uniswap maintain trust and popularity within the DeFi community.
UNI has good long-term potential due to its strong foundation, clear community governance direction, and is gradually expanding to multi-chain. However, investments need to closely monitor governance proposals and DeFi trends.
