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Uniswap expands trading routes, bringing outside swaps into UNI burns

Uniswap expands trading routes, bringing outside swaps into UNI burns

Photo: AMBCrypto

Uniswap launched a feature called Aggregator Hooks on October 22 that lets its trading system access funds available on other decentralized exchanges. The change also increases the trading activity that contributes to UNI burns. Uniswap says swaps routed through these outside sources pay protocol fees, which means their use will lead to the removal of UNI tokens from circulation. More places to find a trade When someone exchanges one token for another, the funds needed to complete that trade can sit across different platforms. This new feature allows Uniswap to check connected outside sources with its own trading pools.

Source: AMBCrypto

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