Uniswap Is Decentralizing: Why Are DeFi Users Worried About This Feature?

Uniswap Is Decentralizing: Why Are DeFi Users Worried About This Feature?

Devin Walsh, Executive Director of the Uniswap Foundation, a non-profit organization supporting the growth and decentralization of the Uniswap decentralized exchange (DEX), believes that Uniswap is decentralizing. Walsh even compares the current state of the DEX to that of Ethereum. The executive also acknowledged that the DEX’s current level of success is due to the active participation and contribution of the developer community.
Uniswap Becoming More Decentralized?
The Executive Director responded to a thread on X where Antonio Juliano, the founder of dYxX, a layer-2 DEX on Ethereum, insinuated that Uniswap is now centralized. However, it started on a decentralized path. 
With centralization, Juliano added, the protocol can iterate quickly, mainly to boost revenue. On the other hand, by being more decentralized, dapps allow users to enjoy the full advantages of decentralized finance (DeFi).
Decentralization of protocols launching on public ledgers, like Ethereum or Cardano, is

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We współpracy z: https://www.newsbtc.com/news/uniswap/uniswap-decentralizing-defi-worried-feature/

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