UNI is a decentralized exchange that recently announced its V4 development plan. However, the launch of V4 will have to wait for the completion of the Ethereum Cancun upgrade. If there are no security issues or delays in the upgrade and audit, V4 may be launched later this year. #UNI
Currently, UNI's V3 version is limited by the capacity of the Ethereum network, resulting in high fees and slow transaction times. But with the adoption of Ethereum 2.0 and the launch of layer 2 solutions, V4 is expected to be able to handle a larger number of transactions without encountering these problems.
V4 introduces many new features, including a "flash accounting" system to reduce fees for liquidity providers, and expanding the token swap capabilities of DEX by introducing "pegging" and custom liquidity pools. The goal of the new features is to implement features such as on-chain limit orders and dynamic fees. In addition, the cost of creating a pool on V4 will also be cut by 99% because all pools are located in a single contract.
Despite fierce competition in the decentralized exchange space, Uniswap has established itself as a leader. However, to maintain this leadership, Uniswap needs to continue to innovate. By introducing new features, increasing scalability, improving liquidity, and enhancing security, Uniswap V4 is expected to further consolidate its position as the preferred decentralized exchange platform.
The UNI project itself has many advantages, such as no fees for listing, which is safer for users. In addition, UNI is deployed on the Ethereum chain and entered the cross-chain field before launching the V2 version, deploying UNI on the MATIC chain, thereby reducing the handling fee.
UNI's own ecosystem is also excellent. Currently, UNI is developing version V4, allowing more people to participate in the construction of the project. This will make UNI more open and attract more users.
In summary, UNI is a good coin worth owning! The current price of uni is relatively low, and it is expected to further increase its market value in the future, and it will not be a problem to be in the top ten.
