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In Uniswap 2.0 traders pay a 0.30% fee to use the market. Most of that fee (0.25% of the trade) always goes to the liquidity providers. The remaining 0.05% can go either to the liquidity providers or to an address specified by the factory as a protocol fee, which pays Uniswap for their development effort. In this tutorial we will discuss how the Uniswap automated market maker Solidity smart contracts work. We will discuss the basics of Uniswap. Then we will review how the Uniswap program work. Uniswap Basics. The most popular decentralized exchange on Ethereum is Uniswap. Uniswap is a simple program.

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