TRON Exchange | Uswap DEX : A Tron DEX With NFT Marketplace || 10% @steem-database

Hello database members! This is my first ever post in this community and I'm so excited about it. I'm a huge fan of the crypto ecosystem, I've been in the crypto world for 2 years, Tron is one of my favorite blockchain because of it quick and costless transaction processing. Today I'll be reviewing one of Tron oldest decentralized exchange and it none other than Uswap.

Uswap is a decentralized exchange platform that allows users to swap, trade and farm TRC-20 tokens on the Tron blockchain.

Uswap was launched on the TRON blockchain system on November 9th, 2020, and now has grown to be among the platform's fastest growing DEXes, receiving many accolades from the TRON Foundation's DEFI Hackathon. TRON is one of the most popular blockchain networks on the market, and the DEFI area on TRON is exploding, which Uswap users are taking advantage of.

Let look at some information on dappradar

Uswap is currently ranked #660 in the general crypto space, and ranked #55 among the decentralized exchange in the world, and finally ranked #13 on the Tron blockchain. This is impressive isn't it?

Now let further look at the stats on dappradar in the last 24 hours, 7 days and 30 days

Stats	24 hours	7 Days	30 Days
Users	63	383	1.55k
Transactions	135	1.08k	5.38k
Volume	$724.07	$10.55k	$52.5k
Balance	$411.56	$411.56	$411.56

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What Makes USWAP Unique

Uswap is far more than a DEX; for instance, it uses a fully automated market maker mechanism that enables users to trade TRC20 tokens, earn swap fees, stake LP tokens to farm and earn UME, and connect to the world's first general NFT marketplace on TRON as well as the first DEFI farming games on TRON!

Additionally, USWAP does not use order books and instead uses liquidity pools. A user can earn money by being a liquidity provider; by providing his assets to the liquidity pool, he can profit from swap fees in the pool to which the tokens were supplied, and he can stake his liquidity pool tokens in the farm section to earn UME rewards.

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Features Of Uswap

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Go-to Uswap on the Dapp section of your Tron wallet, connect your Tron account and navigate around the platform

• Exchange

This section allows users to swap any of their TRC-20 tokens to another, you can easily swap any token to another and vice-versa.

• Liquidity

This section allows users to provide two different tokens to the pool, note the token must be equal, i.e balance.

• Staking

Do you know that the Liquidity pool tokens can be staked to earn reward paid at a certain APY depending on the Liquidity pool token. The staking section allows users to stake any of their Liquidity pool tokens and earn passive income.

• NFT Marketplace

This is one of the most incredible features on Uswap Dex, here user can mint, list and buy different Nft, from art, sport and so on.

• Lottery

This section is for gambler that wanted to try their luck, do you know you can participate in lottery and win on Uswap Dex?

Yeah, you just need to buy ticket with TRX token and wait for the draw, you might be the lucky winner.

• Tokens

This shows all the tokens balance that I have in my wallet, there's an option to buy and sell too.

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Finally, Uswap has all of the exciting features, such as NFT marketplace, liquidity pool, high APY for stakers, and the ability to swap any TRC-20 token for another. The only drawback is the small amount of users, transactions, and volume, but overall, I consider the decentralized exchange to be one of the best in the Tron ecosystem.

All Images are screenshot from uswap and dappradar

_{Source To References}

_{https://www.globenewswire.com/news-release/2021/08/22/2284396/0/en/USWAP-the-DEX-for-the-new-DeFi-and-NFT-era.html}

_{https://dappradar.com/tron/exchanges/uswap}

_{https://uswap.me/?}