What is UNI
UNI is the native token of the Ethereum blockchain-powered decentralized exchange (DEX), Uniswap. By issuing the UNI token, Uniswap has made the entire exchange and platform community-driven — removing the so-called “Gatekeepers” associated with centralized exchanges The token is known as a “Governance token”, meaning anyone who holds it will have influence over the future of the platform — what updates are made to the protocol, developments on future versions of the exchange, and more. UNI holders will also have ownership of the Uniswap community treasury, protocol fee switches, Uniswap’s eth ENS (the platforms “.eth” domain name), the listing of new tokens, and SOCKS liquidity tokens