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The post Uniswap (UNI) Price Prediction: Uwerx (WERX) Offers Promising Returns In The Nearest Future appeared first on Coinpedia Fintech News
Uwerx is a new crypto-powered platform to watch out for as the native token, WERX, poses some prospects while it sells out on presale. Uwerx has one of the fastest presales we have seen in a while, and it promises to be a huge gainer as soon as the platform launches. With opportunities like this in the market, the responsibility of the regular crypto enthusiast is to get in and take advantage of the opportunity.
Uniswap (UNI) Price Prediction
Uniswap is the leading exchange protocol on Ethereum and the earliest decentralized exchange in crypto. The emergence of Uniswap was a significant step forward for the landscape as it offered users a medium to trade their cryptocurrencies while they maintain custody. Before Uniswap, the only means of exchange were non-custodial centralized exchanges, which put users’ money at some risk.
Uniswap uses an automated market maker mechanism that makes use of liquidity pools; this does not require any central institution to hold the tokens. It also does not require someone on the other end of the trade, as users can dump their tokens in exchange for the one they want in the liquidity pool. The influence Uniswap has over the landscape is quite significant and is a pioneer of several other DeFi mechanisms today.
Uniswap also understands the struggles with crypto adoption, as a study from their Labs recently showed. Uniswap Labs reports that frequent cryptocurrency users may be discouraged from experimenting with on-chain services due to the numerous drawbacks of adopting decentralized finance (DeFi) protocols. The popular DeFi token trading platform’s sponsor conducted a survey of 1,860 U.S. retail users,” and discovered that many participants were turned off by the difficulty and expense of on-chain trading.
Uwerx (WERX) Web3 Usability
Of course, usability has been an issue with emerging Web3 platforms as users have to familiarize themselves with crypto and all the other associated features to make it easy to be onboarded. However, Uwerx has a unique interface that allows users to understand how its platform works quickly; it does not have much difference from existing freelance platforms users will already be used to.
Uwerx also incentivizes the process and allows users to earn WERX rewards based on their activity on the platform. Other unique features made possible by blockchain on Uwerx are smart contracts, personalized matching, and transparent pricing. All of these are desirable features that give the new Uwerx platform an edge over predominant platforms like Upwork and Fiverr.
In addition, Uwerx only charges a 1% fee on contracts established on the platform compared to 20% from most freelance sites. The WERX token allows users access to more functionalities on the platform, and it acts as a store of value for the platform.
WERX will become tradable once the platform launches, but you can buy it at $0.047725 on Stage 5 presale. You get the opportunity to be early and make some profit at launch: the price prediction at launch for WERX is $3.
Get in the presale now and earn 15% bonus WERX tokens on your purchase.
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