April 14, 2023

Apple Grants Rare Approval to DeFi Protocol Uniswap

Apple Approves Uniswap, a Major DeFi Protocol

Apple has granted rare approval to the decentralized finance (DeFi) protocol Uniswap, making it available to Apple users.

Uniswap is now accessible from Apple App Store, after being granted a rare approval by the tech giant. This has opened up immense possibilities for the DeFi platform and opens up possibilities of more users accessing its services.

Uniswap is an open source protocol which enables users to exchange tokens and assets in a trustless and decentralized fashion. It is one of the most popular DeFi protocols, allowing people to trade digital assets without relying on centralized third parties.

The approval given by Apple is a major win for Uniswap and further boosts its credentials in terms of usability and trustworthiness. This opens up numerous opportunities for the protocol, as it will now be able to tap into Apple’s vast user base.

The availability of Uniswap on App Store will help make it more accessible for existing users, as well as attract new users who may not have been previously aware of the platform. This will likely boost its liquidity and help grow the overall DeFi ecosystem.

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