The civil investigation of Uńiswâp Exchanğe Labs appears to be in its early stages and may not produce any formal allegations of wrongdoing. Decentralized exchanges, or DEXes, don’t have a central person or team deciding which tokens can be traded over the protocol. So unlike a traditional stock exchange that chooses to list or delist securities, a DEX allows its users to decide what to trade. Tens of thousands of unique tokens can be traded on Uniswap. Similarly, Uniswap’s trading model allows profits to be distributed to a broad user base.
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