Uniswap Launches Layer-2 Unichain to Optimize Cross-Chain Interactions Uniswap Labs launched a new L2, which will be part of the Optimism Superchain. The Uniswap DEX, which already runs on 23 separate chains, will finally have its native network. Uniswap will build a protocol similar to Base, which is also part of the Optimism Superchain. https://lnkd.in/e8CtyRWA
Charles Kangnivi Azanlekor, PMP’s Post
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Uniswap Labs announced Unichain 🦄 - The testnet launched on October 10 and mainnet is launching in November, relying on the tech infrastructure from Ethereum layer-2 Optimism's OP Stack, and block builder Flashbots. - Unichain is a DeFi-specific scalability solution aiming to offer a universal liquidity hub, with an emphasis on transaction speed and superior security. - Uniswap’s token UNI will be used, or staked, to validate Unichain transactions and earn part of the network’s sequencer fees - of which the stack will be decentralized using what’s known as the Unichain Validation Network. - This is a key development, as it will transform UNI from a governance token into a utility token, thereby completely changing its investment case. Read more: https://lnkd.in/dpsTtU6f
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Uniswap 🤝 Optimism Today we’re excited to welcome Uniswap Labs and Uniswap Foundation to the Superchain with the launch of Unichain, an L2 purpose-built for DeFi developers - exclusively on the OP Stack. Uniswap joins powerhouses like Coinbase, Sony, and Worldcoin, who are all choosing to build on the OP Stack as part of the Superchain. Rather than compete, we’re all working together to advance technology, drive adoption, and bring Ethereum to scale. As part of the Superchain, Unichain will: - Support core development of the OP Stack - Dedicate revenue back to the Optimism Collective - Participate in Optimism governance - Join a global network of values-aligned builders. Powering nearly half of all L2 transactions, the OP Stack is leading the way in scaling Ethereum’s technology and values.
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Uniswap Labs, the team behind the popular decentralized exchange Uniswap, has recently launched Unichain. This game-changing move is set to revolutionize the Ethereum ecosystem and so much more. 🔥 Find out all the details here! 👉 https://lnkd.in/gdKx3jBn #Tokenizexchange #Unichain #Uniswap #decentralized
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Is Ethereum’s scalability holding DeFi back?🤔 Ethereum’s scalability issues have slowed down DeFi growth—high gas fees and slow transactions are a real barrier. But Layer 2 solutions like Arbitrum, Optimism, zkSync, and StarkNet are flipping the script. Here’s what they bring to the table: ✅ Faster transactions with dramatically reduced costs ✅ Wider access for users, driving mass adoption ✅ Boosted DeFi potential, increasing Total Value Locked (TVL) Layer 2 is more than a quick fix—it’s the foundation for the future of decentralized finance. 💡 Ready to explore how these solutions are unlocking DeFi’s full potential? Dive into the details in our latest blog: https://lnkd.in/e7EXSwKw #DeFi #Layer2 #Ethereum #BlockchainInnovation
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Ethereum scaling solutions are gaining traction, improving efficiency and adoption across the network. However, all eyes are on WallitIQ (WLTQ), the rising DeFi token star predicted to dominate the 2024 Christmas bull run with unprecedented growth potential. #Bullrun #Christmas #DeFitoken #Ethereumscalingsolutions #WallitIQ #WLTQ
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Yesterday, we announced that FDUSD is natively available on Sui Foundation. This integration brings the power of FDUSD to Sui's ultra-fast network, fueling stablecoin transactions with cost-effective fee and superior scalability. From our early discussions at Sui Basecamp in Paris to this moment, our commitment to creating a seamless, secure stablecoin transaction continues to grow. This collaboration opens new avenues for enhanced interoperability, increased liquidity, and more opportunities for global users across the digital asset space. FDUSD is also available on Cetus for swaps and liquidity options on-chain. Read more about this milestone: https://lnkd.in/gYRvzDmy #FirstDigital #FDUSD #Sui
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Swell L2 is migrating to Optimism! 🔴 The move will see Swell L2 join the Superchain as an Optimistic Rollup built on the OP stack. An Ethereum-aligned scaling solution, the OP Stack powers all blockchains in the Superchain with the same modular open source and MIT-licensed codebase, focused on parallel development, openness, and transparency. The biggest names in DeFi — including Coinbase, Uniswap Labs, Kraken are all sharing infrastructure in the Optimism Foundation Superchain. This collective of rollups adhere to shared standards and principles, and benefit from interoperability, shared updates and security, and access to grants and programs across the ecosystem. As the restaking yield layer, Swell will bring restaking yield and security to the Superchain. This will be achieved through Swell L2's unique Proof of Restake mechanism, which will maximize the capital efficiency of staked assets and set a unique flywheel in motion to drive growth, liquidity, and security. https://lnkd.in/dqW8ydmc
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Tinkered around the complexities of multi-chain interactions until I uncovered the latest developments is Web3 - Chain Abstraction. In simple terms, it’s about making Web3 as seamless and intuitive as your favorite apps. Imagine no more switching networks, managing multiple tokens, or dealing with fragmented liquidity. Just a smooth, one-step experience for everything. Here’s my latest article, where I break it all down: ✨ Why traditional Web3 is so complex. ✨ How Chain Abstraction simplifies the game. ✨ Solutions from Particle Network , Okto, and SOCKET Protocol. 🔗 Check it out here: https://lnkd.in/gtwiax5V What are your thoughts on the Web3 adoption puzzle? #Web3 #ChainAbstraction #BlockchainSimplified #DeFi #NFTs #FutureOfTech
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Move-based blockchains are surging in total value locked this year, with Sui Foundation leaping 233% and Aptos Foundation also showing significant growth of 210%, according to data aggregator DefiLlama. https://lnkd.in/ej5eHynx
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🏃♂️ Paradigm has urged Ethereum developers to speed up protocol upgrades to adapt to changing market demands without compromising the network’s core principles.
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Blockchain • Startup • Developer
6moI'm curious to see if Unichain will have a good userbase or not