Memes

Recently, UNI has been surging and has once again become the center of attention. So, what exactly is it, and why has it risen so dramatically? Let’s explain it in the simplest way possible.

What is Uni (Uniswap)?
You can think of Uniswap as an automated money exchange market. It allows you to swap different cryptocurrencies directly using your wallet, without needing a bank or an exchange.
	•	Swap coins anytime: For example, you can take one cryptocurrency, like Ethereum, and instantly exchange it for another, such as USDT, just like using a vending machine to switch beverages.

As a web3 participant, it doesn’t matter whether you make money or not, just be happy!

•	Earn by providing liquidity: If you put your coins into their “liquidity pool” to help others exchange, you earn a portion of the transaction fees as a reward, and you might even receive their “UNI tokens.”
	•	What UNI does: UNI tokens work like voting rights. Holders can participate in decisions about Uniswap’s future, such as changes to its rules.

In simple terms, Uniswap is a platform where you can trade cryptocurrencies by yourself without intermediaries, and even earn some extra income. For regular users, you can exchange coins, make money, and hold UNI tokens while waiting for their value to increase.

Got it now?