Too Long; Didn't Read
Uniswap is a DEX (Decentralised Exchange) based on the Ethereum blockchain with a very interesting design philosophy consisting of a lot of pink and unicorns. It has been operating since late 2018 and recently in 2020 moved to the much anticipated V2 bringing many improvements. The idea of DEXs aren’t anything new and many different cryptocurrencies have tried their hand at creating the perfect DEX. However, every DEX implementation has many issues, from centralised gateways to high fees to an excessive number of transactions required to operate or simply lack of volume.