UNI (Uniswap) is a cryptocurrency token that powers the Uniswap Protocol, a decentralized trading protocol for automated trading of DeFi tokens. UNI tokens are used for:
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- Participating in governance and voting
- Determining the usage of the treasury
- Deciding on future upgrades
- Incentivizing validators and liquidity providers
Uniswap and UNI aim to provide a decentralized and accessible way to trade tokens and participate in DeFi, making it more convenient for users.