About Uniswap (UNI)
What Is Uniswap (UNI)?
Uniswap is a decentralized exchange protocol that lets users swap tokens through smart-contract liquidity pools. UNI is the governance token for the Uniswap protocol and treasury. It does not automatically represent equity in Uniswap Labs.
How Does Uniswap Work and What Is UNI Used For?
Liquidity providers deposit token pairs or concentrated liquidity positions. Traders pay fees that are distributed according to the pool design and governance configuration. UNI launched with an initial supply of 1 billion tokens and a published allocation. The protocol can evolve through governance proposals. Any fee-sharing or burn mechanism must be described from current governance and deployed contracts, not assumptions.
Uniswap Security and Risks
Risks include smart-contract bugs, malicious tokens, impermanent loss, governance concentration, interface restrictions, MEV, price impact, and protocol competition.
Frequently Asked Questions About Uniswap
Does UNI pay dividends?
Not automatically.
Is Uniswap custodial?
Core swaps are non-custodial.
Can anyone list a token?
Permissionless pools mean users must verify contracts.
Sources and Verification
Official sources
- Uniswap Redirected
- Uniswap documentation Redirected
- Governance portal Active