As of mid - 2024, Uniswap's transaction count had already exceeded the previous year's record, with over 300 million transactions. This growth in activity not only reflects user interest but also drives up trading volume, strengthening its leadership.
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A decline in Chainlink's market share might lead to less - secure DeFi smart contracts. Since Chainlink offers secure data aggregation, competitors must prove they can safeguard DeFi operations. For example, API3's governance model is different, and its impact on DeFi security is still being evaluated.
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The referral system in Grass airdrop significantly benefits early participants. Inviting new users earns extra points, and the more users one invites, the more points they get, incentivizing early adopters to expand the user base.
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