Uniswap, a decentralized exchange (DEX), has launched a permissionless chain bridge that will allow users to transfer assets across nine blockchain networks. This is in line with Uniswap’s overall plan of integrating more on the cross-chain functionality to make transactions better. Optimized by the Across Protocol, the bridge enhances transfer speed and security, intending to…
Your guide: How to Add uniChain to MetaMask? Layer-2 solutions have changed the game in the world of decentralized finance (DeFi). One of these new systems that stands out is uniChain, which is a DeFi-optimized layer-2 network built on the OP Stack and powered by the well-known Uniswap protocol. As people get more excited about…
Uniswap, the largest decentralized exchange (DEX) on Ethereum, has introduced its Layer 2 blockchain, Unichain, to improve scalability for decentralized finance (DeFi) applications. Unichain will utilize the Optimism Superchain to provide improved liquidity access and greater decentralization across various Layer 2 networks. On October 10, Uniswap Labs launched Unichain, a rapid, decentralized Superchain L2 designed…
Amid the launch of Unichain, there are speculations that Vitalik Buterin, the founder of Ethereum, is not a fan. Stake With Pride on X has dug out an old post by the Ethereum co-founder in which he criticized the idea behind Unichain. Buterin claimed that Uniswap’s value proposition is easy trading, so a rollup from…
Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind. Unichain aims to lower costs by 95% compared to using the Ethereum blockchain and to…
Uniswap Labs has introduced Unichain as a new Ethereum Layer-2 solution to dominate the Decentralized Finance (DeFi) ecosystem. Uniswap highlighted Unichain as a blockchain solution with cross-chain interoperability, a decentralized validator network, and faster speed. The Deal About Unichain Uniswap (UNI) and other DeFi protocols have made great progress lately. However, DeFi protocols built on…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Uniswap, the leading Decentralized Exchange (DEX) protocol, has unveiled its plans to launch its own Layer-2 network, Unichain. According to a blog post, this strategic move will enhance efficiency by reducing fees, improving transaction speeds, and boosting liquidity across multiple blockchain ecosystems. Unichain Comes With Lots of Benefits Unchain…
Decentralized exchange Uniswap‘s UNI token surged following the announcement of Unichain, the platform’s Ethereum layer-2 network. Data from CryptoSlate shows that UNI rose over 12%, reaching $8.07—the highest it’s been in three months. This rise made UNI the top-performing digital asset in the market, which otherwise saw major tokens like Bitcoin lose about 2% of…