@elsieeliot

Uniswap plays a critical role in the growth of decentralized finance (DeFi) by providing decentralized liquidity for trading assets. Unlike centralized exchanges, where liquidity is provided by centralized entities, Uniswap allows anyone to contribute liquidity to the platform through its liquidity pools. This facilitates permissionless trading, meaning users can trade any ERC-20 token without relying on intermediaries. As one of the most popular decentralized exchanges (DEXs), Uniswap has become a cornerstone of DeFi, enabling a range of financial products such as lending, borrowing, and yield farming, which further promote the growth and adoption of decentralized financial services.

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