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What is Uni Bitcoin (The meaning of Uni Coin in Chinese)

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What is Uni Bitcoin? According to BitcoinExchangeGuide, Uni is a decentralized,

What is Uni Bitcoin (The meaning of Uni Coin in Chinese)

What is Uni Bitcoin? According to BitcoinExchangeGuide, Uni is a decentralized, peer-to-peer protocol. On Uniswap, you can exchange any tokens, but you cannot use its token like other currencies on most trading platforms.

Uni is also known as the “stable version” of Uniswap because it is a network composed of multiple smart contracts. These smart contracts allow users to purchase assets directly from their wallets, without relying on third-party intermediaries to process or custody funds.

The meaning of Uni Coin in Chinese

According to bitcoinist, Uni Coin is the first decentralized protocol on Uniswap. On the Uniswap platform, transaction fees are reduced from 0.3% to 0.2%. Therefore, Uni Coin aims to be a decentralized and fully composable token exchange system.

It is explained that this project is a protocol developed based on the Ethereum blockchain, aiming to enable anyone to create and manage their own digital asset wallets using smart contracts. By doing so, it can provide momentum for decentralized applications (dApps); in addition, users can also participate in community governance.

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