Uniswap, why we invested in it

(Ok so I’m not a fan of its branding, but let’s look at everything else)

Uniswap is a decentralized protocol for automated liquidity provision on Ethereum, uniswap fits into the decentralized finance space.

To understand how important uniswap is we need to look at decentralized finance (or DeFi) as it’s referred to in the crypto industry.

According to wiki, 

Decentralized finance (commonly referred to as DeFi) is a form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks, and instead utilizes smart contracts on blockchains, the most common being Ethereum. DeFi platforms allow people to lend or borrow funds from others, speculate on price movements on a range of assets using derivatives, trade cryptocurrencies, insure against risks, and earn interest in a savings-like account.[2] Some DeFi applications promote high interest rates, with some providers offering triple-digit interest rates,[2] but are subject to high risk.[1] By October 2020, over $11 billion was deposited in various decentralized finance protocols, which represented more than a tenfold growth so far in 2020.

Ok, so essentially DeFi is the blockchain equivalent of banking and financial services, but much cheaper and safer as its “trust less” based on automated contracts.

Uniswap helps to solves many of the problems in the DeFi space, one of these being liquidity pools,