Uniswap

Uniswap is a decentralized cryptocurrency exchange that operates on a decentralized protocol network (decentralized protocol network). Below you will find an expansion of information about Uniswap:
Automated Market Maker (AMM) protocol:
Uniswap is one of the pioneers in using the Automated Market Maker (AMM) protocol. AMM eliminates the traditional exchange model, in which traders trade among themselves by depositing their assets in liquidity pools.
AMM Security Rule:
In Uniswap, instead of using traditional buy and sell orders, investors provide liquidity by depositing their tokens into pools. Prices are set automatically based on the ratio of tokens in the pools.
50-50 rule:
Uniswap works on a 50-50 rule, which means that the value of two tokens in a liquidity pool is equal. For example, if someone adds $100 in ETH (Ethereum), the equivalent of $100 in other tokens must be added.
Smart Contract Ratio:
Uniswap uses smart contracts that determine prices themselves based on the exchange ratio between two tokens in the liquidity pool. This makes the exchange process automated.
UNI token:
Uniswap has its own token called UNI. This token was introduced through an airdrop (free giveaway) for users to encourage use of the platform.
Decentralization and Autonomy:
Uniswap operates on the Ethereum blockchain, which means it is decentralized. The platform does not require registration or an account, which gives users more autonomy.
Uniswap Development and Versions:
Uniswap has gone through several versions, with Uniswap V1 as the original, and later versions, such as Uniswap V2 and Uniswap V3, introduced various improvements, such as additional risk management and capital efficiency features.
Popularity and Impact:
Uniswap has become very popular in the DeFi (decentralized finance) ecosystem and has become one of the most widely used AMM-based token exchange platforms.
Uniswap has played a key role in the development and popularization of AMM, contributing to the further development of the DeFi ecosystem. Its flexible and decentralized structure attracts users interested in secure and autonomous cryptocurrency trading.