Is swap an ERC20?

In brief. Uniswap is an Ethereum based exchange that allows anyone to swap ERC20 tokens . Traditionally, token swaps require buyers and sellers to create liquidity; Uniswap creates markets automatically. Uniswap V2 launched in May 2020, enabling direct ERC20 to ERC20 swaps and adding a host of technical improvements.

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What can you do with ERC20 tokens?

An ERC20 token is a standard used for creating and issuing smart contracts on the Ethereum blockchain . Smart contracts can then be used to create smart property or tokenized assets that people can invest in. ERC stands for “Ethereum request for comment,” and the ERC20 standard was implemented in 2015.

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