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Uniswap Labs Releases Its Plan for Uniswap v4

Uniswap Labs, the team behind the popular decentralized finance (DeFi) platform Uniswap, has announced plans for the next version of their exchange, Uniswap v4. This time, the team is inviting community feedback before the public launch to emphasize their commitment to decentralization, which sets them apart from centralized exchanges like Coinbase and Binance. Uniswap v3, the current version, is the largest decentralized exchange by trading volume, having processed over $1 trillion in transactions since its launch.

Uniswap v4 will introduce new features like "hooks" and custom liquidity pools, which could pave the way for on-chain limit orders and dynamic fees. The proposed licensing model for Uniswap v4 is the Business Source License 1.1, which delays competitors from using Uniswap's codebase to create their own applications.

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