uni
UNI is the native governance token of the decentralized exchange Uniswap, based on the Ethereum blockchain. Its main uses include participating in governance decisions of the Uniswap protocol, such as proposal voting and parameter adjustments. UNI token holders can influence the development direction and protocol upgrades of Uniswap through a voting mechanism. As an ERC-20 token, UNI can also be used for liquidity mining and as collateral in other DeFi protocols. Uniswap is an important component of decentralized finance (DeFi), providing token exchange services without intermediaries.
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