Shaurya Malwa · 1 hour ago · 2 min read · Insights via Michael Moro
Designed with simplicity in mind, the Uniswap protocol provides an interface for seamless exchange of ERC20 tokens on Ethereum. By eliminating unnecessary forms of rent extraction and middlemen it allows faster, more efficient exchange. Where it makes tradeoffs, decentralization, censorship resistance, and security are prioritized.
- A simple smart contract interface for swapping ERC20 tokens
- A formalized model for pooling liquidity reserves
- An open-source frontend interface for traders and liquidity providers
- A commitment to free and decentralized asset exchange