UniDApp - Decentralized Trading Platform
UniDApp review
UniDApp is a fully decentralized trading platform with a balanced set of features that simplifies the user experience to the maximum and is based on Uniswap with a powerful set of tools available only for centralized exchanges for use on top of the DeFi ecosystem.
The platform will provide the user with an opportunity to access such tools as order aggregation, liquidity chart, planning of sales and purchases, analytics, scheduled automatic notifications.
This platform will give users the opportunity to access tools such as:
- order aggregation,
- liquidity chart,
- sales and purchase planning,
- analytics,
- scheduled automatic notifications.
UDP token is a utility token.
On the UniDApp platform, to make transactions, users must have a UDP token, which can be purchased on Uniswap after the 3rd round of OTC or other exchanges a few days later.
For each transaction, the commission will be 0.25% of the transaction amount and will be charged automatically in UDP tokens. 90% of the amount charged will be awarded as a reward to UDP token holders, the remaining 10% will go to UniDApp funds. The token holder's ability to receive passive income will stimulate token liquidity and price growth.
Decentralized financial activity continues to push related services to new records. This time, Uniswap became the first decentralized exchange protocol to surpass the 1 billion mark in 24 hours.
With the emergence of Uniswap, it has become one of the most important components of the entire DeFi industry, as it allows users to exchange tokens without trust, meaning that all transactions are carried out from smart contracts without the need for intermediaries or trusted. party.
According to the tracking portal CoinGecko, Uniswap is the third largest platform in terms of customized trading volume, including centralized ones, second only to Binance and OKEx. Trading volumes are soaring on Uniswap and so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase while driving up fees and bottlenecks on the Ethereum blockchain.
Uniswap has been helping us trade based on Ethereum for a long time, but there are still many people who are in no rush to move here from the usual centralized exchange. Bad deals, huge gas costs, and finally, manual trading.
How do you build your strategy? How to monitor pool price and liquidity? How not to miss the right price? And many other questions that continue to discourage users from switching from centralized exchanges to DEX exchanges.
Thanks to Ethereum's Uniswap protocol, UniDApp will help solve some of these problems. The UniDApp platform will give users the opportunity to access tools such as order aggregation, liquidity charts, sales, and purchase planning, analytics, scheduled automated notifications. For this task, UniDApp will provide a simplified interface that will connect to the Uniswap API.
The popularity and importance of Uniswap continue to increase every month, which is also facilitated by the simplification of the process of connecting websites and mobile applications to the protocol and interacting with them using the JavaScript SDK. The SDK is regularly maintained with its source code fully transparent and accessible via GitHub, this allows outside observers to validate code and it demonstrates Uniswap's open policy very well.
The growth and deployment of Uniswap will directly influence the demand and development of the UniDApp project, as with it users will be able to on-chain status for liquidity, token value, and exchange rates, and initiate a real-time feed to the dashboard where automated trading can then take place.
The new trend has revitalized the cryptocurrency industry, despite the fact that the value of fixed assets is 75% below 2017 levels. This is called DeFi, short for decentralized finance. The bottom line is the idea that crypto entrepreneurs can recreate traditional financial instruments in a decentralized architecture without coming under corporate and government control. The DeFi application does not require middlemen and courts.
The code determines the resolution of any possible disputes, and the users, in turn, control all their funds. This reduces the costs of providing and using the product and enables a more reliable financial system.
Another significant advantage of such an open ecosystem is the ease of access to financial services for people who, for some reason, do not have such opportunities. Traditional financial systems are profit-based, usually providing no services to low-income people. However, thanks to DeFi, the operating system streamlines are shrinking.
The new paradigm in the world of decentralized financial services has provided the world with many successful crypto projects based on Ethereum, such as Dai, which accounts for two percent of the total circulation of Ether, valued at around $ 339 million, and many others. UnidApp will soon become an integral part of our lives.
UniDApp Features
The possibility of setting an unlimited number of pending orders for price decline or increase, which is an absolute necessity when a trader follows his strategy, be it using instruments such as Eliot waves or waiting for price fluctuations in the news. The commands will be triggered automatically regardless of whether you are sleeping, driving, or just relaxing
Notification of reaching a certain price of a given token, which will help experienced traders navigate the market quickly and, if necessary, change the strategy
The ability to monitor the coins needed in real-time, as well as, if necessary, view a graph of price changes since the coins were listed on Uniswap
Simple simplified and intuitive interface so even an inexperienced person can find out and learn functionality in a matter of minutes
Performance due to the optimization of all processes.
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