There are many DeFi protocols playing a significant role in the decentralized finance globe. Here let us look at the key advantages of creating your own DeFi protocol like Uniswap.
Permissionless Transactions, ie., No Man Power Involved
Immutable – Highly resistive to any modifications
Automated Price-Fixing – Presence of Smart Contracts act as AMM
Most Popular DEX Platform – With 95% of DEX trading volume
A high level of Liquidity drives more users for the protocol
Can provide huge income, as Uniswap-like protocol built on Ethereum and have Gas fees for each transaction.
Launch Your own DeFi protocols like Uniswap with Uniswap Clone Script now !