What is Uniswap?

UNI is the governance token associated with Uniswap, an Automated Market Maker decentralized exchange operating on the Ethereum blockchain. Token holders have the ability to influence protocol governance, including key decisions regarding the treasury's use and potential upgrades.

Uniswap was founded to facilitate token trading without the need for traditional intermediaries. The governance model is structured around community voting, allowing participants to have a say in the platform's future direction and operational decisions.