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Uniswap

Uniswap

UNI is a crypto token that powers Uniswap, the largest decentralized exchange on the Ethereum blockchain. UNI was created to incentivize users to provide liquidity to the Uniswap platform and enable it to function as a decentralized autonomous organization (DAO). UNI holders can vote on proposals to improve the Uniswap protocol and receive rewards for providing liquidity.
UNI has been incredibly successful in its short life so far. It is currently the fifth largest cryptocurrency by market capitalization with a market cap of over $4 billion. UNI's success is due in large part to its unique approach to decentralization which has allowed it to capture a significant portion of the DeFi market.
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