Uniswap is an open source decentralized exchange protocol built on the Ethereum blockchain and operating under the management of smart contracts. Uniswap leaves behind the traditional architecture of the digital exchange, since there is no order book. The protocol works with the design of Constant Product Market Maker, which is a variant of the model called Automated Market Maker (AMM).

Uniswap news today, UNI crypto latest news of token ticker

Uniswap

Tired: Hanging token approvals 🔓
Wired: Expiring token approvals 🔒

Permit2 is live on Uniswap! So what?

🔁 Users: Approving max token balances forever is a security risk. With Permit2, token approvals expire every 30 days and can be reauthorized with a gasless signature.

Tired: Hanging token approvals. Wired: Expiring token approvals. Permit2 is live on Uniswap. So what.