{"id":21413,"date":"2023-01-02T10:36:41","date_gmt":"2023-01-02T10:36:41","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=21413"},"modified":"2023-01-13T10:31:45","modified_gmt":"2023-01-13T10:31:45","slug":"what-is-uniswap","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap","title":{"rendered":"What is Uniswap (UNI)?: A Complete Guide"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#What_is_Uniswap\" title=\"What is Uniswap?\">What is Uniswap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#How_Does_Uniswap_Work\" title=\"How Does Uniswap Work?\">How Does Uniswap Work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#What_are_Smart_Contracts\" title=\"What are Smart Contracts?\">What are Smart Contracts?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#Automated_Market_Maker_and_Liquidity_Pools\" title=\"Automated Market Maker and Liquidity Pools\">Automated Market Maker and Liquidity Pools<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#How_To_Use_Uniswap\" title=\"How To Use Uniswap?\">How To Use Uniswap?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#Uniswap_Staking\" title=\"Uniswap Staking\">Uniswap Staking<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#Uniswap_Pros_and_Cons\" title=\"Uniswap Pros and Cons\">Uniswap Pros and Cons<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#Uniswap_Pros\" title=\"Uniswap Pros\">Uniswap Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#Uniswap_Cons\" title=\"Uniswap Cons\">Uniswap Cons<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#What_Makes_Uniswap_Special\" title=\"What Makes Uniswap Special?\">What Makes Uniswap Special?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#How_To_Claim_Uni_Token\" title=\"How To Claim Uni Token?\">How To Claim Uni Token?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#What_is_the_Future_of_Uniswap\" title=\"What is the Future of Uniswap?\">What is the Future of Uniswap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#FAQs_on_What_is_UniSwap\" title=\"FAQs on What is UniSwap\">FAQs on What is UniSwap<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#At_what_price_is_UniswapUNI_trading_currently\" title=\"At what price is Uniswap(UNI) trading currently?\">At what price is Uniswap(UNI) trading currently?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#Is_Uniswap_an_open-source_platform\" title=\"Is Uniswap an open-source platform?\">Is Uniswap an open-source platform?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/zebpay.com\/in\/blog\/what-is-uniswap\/#Is_Uniswap_a_centralised_or_a_decentralised_entity\" title=\"Is Uniswap a centralised or a decentralised entity?\">Is Uniswap a centralised or a decentralised entity?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p>Ever since crypto has become a popular investment tool, its trading has been dominated by centralised exchanges. One of the main advantages of centralised exchanges is the high trading volume available on the platforms. However, the fact still remains that a single entity or company controls them. Uniswap V3 offers an alternative by being one of the first and most popular decentralised exchanges.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Uniswap\"><\/span>What is Uniswap?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As mentioned above, Uniswap is a decentralised exchange (DEX) built on the Ethereum network. Unlike other businesses, which are controlled by central authorities, Uniswap is not under the control of any one entity. It is owned by no one and operated automatically through blockchain technology.&nbsp;<\/p>\n\n\n\n<p>Another feature of Uniswap is its open-source nature. This means you can easily look up the project\u2019s source code and verify all of its features are implemented as intended. In addition, you can list your crypto tokens on the platform for free. Since there is no for-profit company behind the DEX, the only fees charged on the platform are to sustain its operations.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_Uniswap_Work\"><\/span>How Does Uniswap Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Centralised exchanges work with order books, which are ledgers of buy and sell orders posted on the platform. Suppose you wish to sell $100 of Ethereum. This will only execute if there is a buy order of $100 or more from another user.&nbsp;<\/p>\n\n\n\n<p>On the other hand, Uniswap uses two features to enable its functionality &#8211; Automated market makers and liquidity pools. Both of these are enabled through smart contracts<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_Smart_Contracts\"><\/span><strong>What are Smart Contracts?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>One of Ethereum\u2019s main innovations on release was the implementation of <a href=\"https:\/\/zebpay.com\/in\/blog\/smart-contracts-on-the-blockchain\" target=\"_blank\" rel=\"noreferrer noopener\">smart contracts<\/a>. These are sets of code that automatically execute when their requirements are met. This removes the need for an intermediary since all parties can be sure the contract will execute when required.&nbsp;<\/p>\n\n\n\n<p>Smart contracts are used for a range of applications like minting NFTs, governance or &#8211; like Uniswap &#8211; for financial applications.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Automated_Market_Maker_and_Liquidity_Pools\"><\/span><strong>Automated Market Maker and Liquidity Pools<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Liquidity pools are smart contracts that provide crypto funds as liquidity for <a href=\"https:\/\/zebpay.com\/in\/blog\/an-introduction-to-defi\" target=\"_blank\" rel=\"noreferrer noopener\">DeFi<\/a> protocols to use &#8211; hence the name. Uniswap liquidity pools contain equivalent values of two tokens like ETH\/DAI. This allows users to complete orders without a counterparty. Instead, their new tokens are drawn from these liquidity pools.&nbsp;<\/p>\n\n\n\n<p>An automated market maker (AMM) is a tool that allows access to liquidity pools and decides the prices of tokens on the platform. Suppose a trader wants to exchange DAI tokens for ETH, the AMM will pull ETH and add more DAI to an ETH\/DAI pool. Since there is less ETH than DAI, the price of Ethereum tokens will rise.&nbsp;<\/p>\n\n\n\n<p>How does Uniswap make money? Since Uniswap is a decentralised protocol, no central party needs to earn a profit. Uniswap thus does not earn money. Instead, all fees are distributed to liquidity providers, who enable the network to function.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_To_Use_Uniswap\"><\/span>How To Use Uniswap?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is simple to get started with Uniswap. The first step is to create an Ethereum-compatible crypto wallet. Uniswap supports several options like Metamask, Coinbase and Trust wallets.&nbsp;<\/p>\n\n\n\n<p>Second, you need a small amount of ETH tokens to pay transaction fees on Uniswap. Once you link your wallet to the Uniswap platform, you can begin trading seamlessly.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Uniswap_Staking\"><\/span><strong>Uniswap Staking<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Uniswap is a DEX using liquidity pools to create an efficient market. Unlike other platforms, you can earn passive income on Uniswap through a process known as liquidity mining or liquidity staking.&nbsp;<\/p>\n\n\n\n<p>Read more: <a href=\"https:\/\/zebpay.com\/in\/blog\/what-is-staking-crypto\" target=\"_blank\" rel=\"noreferrer noopener\">What is Staking Crypto<\/a><\/p>\n\n\n\n<p>This involves depositing your crypto assets in a liquidity pool and earning crypto rewards for it. It allows you to obtain both liquidity provider (LP) rewards and a portion of the network fees.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Uniswap_Pros_and_Cons\"><\/span>Uniswap Pros and Cons<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"384\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Uniswap-Pros-and-Cons-1024x384.jpg\" alt=\"UniSwap Pros &amp; Cons\" class=\"wp-image-21411\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Uniswap-Pros-and-Cons-1024x384.jpg 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Uniswap-Pros-and-Cons-300x113.jpg 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Uniswap-Pros-and-Cons-768x288.jpg 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Uniswap-Pros-and-Cons-150x56.jpg 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Uniswap-Pros-and-Cons.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Pros<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Cons<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">It is Ethereum Based<\/td><td class=\"has-text-align-center\" data-align=\"center\">Unclear APR and APY<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Gives access to passive income<\/td><td class=\"has-text-align-center\" data-align=\"center\">Ethereum complications can be a deterrent<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">It is completely decentralised<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Uniswap_Pros\"><\/span><strong>Uniswap Pros<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li><strong>Ethereum-based<\/strong> &#8211; Ethereum is currently the most popular blockchain for dApp and DeFi functionality. Using Uniswap thus enables you to fully utilise this rich network to the fullest.&nbsp;<\/li>\n\n\n\n<li><strong>Passive income<\/strong> &#8211; Becoming a liquidity provider on the Uniswap platform gives you easy access to passive income. Since you can earn LP rewards as crypto tokens, it is a very simple alternative investment.&nbsp;<\/li>\n\n\n\n<li><strong>Decentralised<\/strong> &#8211; Uniswap is a completely decentralised network. As mentioned above, there is no company or individual in control of the platform. It is instead maintained and run by its large and passionate community.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Uniswap_Cons\"><\/span><strong>Uniswap Cons<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li><strong>Unclear Returns<\/strong> &#8211; Uniswap\u2019s liquidity pools do not mention the returns you can expect from them &#8211; there is no <a href=\"https:\/\/zebpay.com\/in\/blog\/apr-vs-apy\" target=\"_blank\" rel=\"noreferrer noopener\">APR or APY<\/a> mentioned. This makes it very difficult to evaluate them for new investors.&nbsp;<\/li>\n\n\n\n<li><strong>Ethereum Complications<\/strong> &#8211; While Ethereum is the most popular DeFi network, it has its own share of issues. Its network congestion and sky-high gas fees can be huge deterrents for many users.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Makes_Uniswap_Special\"><\/span>What Makes Uniswap Special?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are a few important characteristics that make Uniswap unique. Firstly, any ERC-20 compatible token can be listed on Uniswap &#8211; you do not need anyone\u2019s permission to do so. All you have to do is create a liquidity pool with equal amounts of the new token and another ERC-20 token like ETH or DAI.&nbsp;<\/p>\n\n\n\n<p>Second, the pricing model used by the platform is x * y = k. Here, x and y are the quantities of tokens in the smart contract, while k is a fixed constant. The ratio of tokens in the smart contract determines the price of the token.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_To_Claim_Uni_Token\"><\/span>How To Claim Uni Token?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you have used Uniswap before, you can probably claim 400 free UNI tokens from the platform. To do this, simply visit app.uniswap.com and connect the wallet you used to access Uniswap. Next, click on \u201cClaim your UNI tokens\u201d to obtain your free reward.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Future_of_Uniswap\"><\/span>What is the Future of Uniswap?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"384\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/390-What-is-the-Future-of-Uniswap-1024x384.jpg\" alt=\"\" class=\"wp-image-21422\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/390-What-is-the-Future-of-Uniswap-1024x384.jpg 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/390-What-is-the-Future-of-Uniswap-300x113.jpg 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/390-What-is-the-Future-of-Uniswap-768x288.jpg 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/390-What-is-the-Future-of-Uniswap-150x56.jpg 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/390-What-is-the-Future-of-Uniswap.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Uniswap is a very promising DeFi application. It is the most popular decentralised exchange for crypto tokens, meaning it has a very large and active user base. Its innovative protocol structure and opportunity for passive income also make it a compelling option for new users.&nbsp;<\/p>\n\n\n\n<p>Read more: <a href=\"https:\/\/zebpay.com\/in\/blog\/8-ways-to-earn-passive-income-through-crypto\" target=\"_blank\" rel=\"noreferrer noopener\">8 Ways To Earn Passive Income Through Crypto<\/a><\/p>\n\n\n\n<p>However, Ethereum has its own set of issues like congestion and gas fees that can cross the original transaction value. While this may be solved with further upgrades to the Ethereum network, it remains to be seen.&nbsp;<\/p>\n\n\n\n<p>You can now <a href=\"https:\/\/zebpay.com\/in\/markets\/uni\" target=\"_blank\" rel=\"noreferrer noopener\">buy Uniswap<\/a> (UNI) on ZebPay. Experience the power of crypto trading with <a href=\"https:\/\/zebpay.com\/in\" target=\"_blank\" rel=\"noreferrer noopener\">Zebpay India<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_What_is_UniSwap\"><\/span>FAQs on What is UniSwap<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1672655564954\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"At_what_price_is_UniswapUNI_trading_currently\"><\/span>At what price is Uniswap(UNI) trading currently?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>As of Jan 2nd,2023 Uniswap(UNI) is trading at $5.33. It has a total market capitalisation of $4,060,761,194.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1672655697906\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Is_Uniswap_an_open-source_platform\"><\/span>Is Uniswap an open-source platform?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Uniswap is an open-source platform. This means you can easily look up the project\u2019s source code and verify all of its features are implemented as intended.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1672655751056\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Is_Uniswap_a_centralised_or_a_decentralised_entity\"><\/span>Is Uniswap a centralised or a decentralised entity?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Uniswap is a decentralised entity with no single point of failure. It is operated by a community of members and uses the Ethereum blockchain.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Ever since crypto has become a popular investment tool, its trading has been dominated by centralised exchanges. One of the main advantages of centralised exchanges is the high trading volume available on the platforms. However, the fact still remains that a single entity or company controls them. Uniswap V3 offers an alternative by being one [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":21412,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/21413"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=21413"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/21413\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/21412"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=21413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=21413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=21413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}