Posts

Showing posts with the label uniswap

Uniswap's Highly Anticipated V4 Update: Here's Why It Matters

As Ethereum’s highly anticipated Dencun upgrade approaches, set to take place between March 13 and 16, the blockchain comm uni ty is eagerly anticipating the deployment of proto-dank sharding and innovative smart contract functionalities. Among the developers eagerly awaiting this upgrade are the creators of Uniswap (UNI), the decentralized exchange (DEX) platform renowned for its pivotal role in the DeFi landscape. The network’s latest iteration, the Uniswap V4 update, is poised to be unveiled shortly after the implementation of the Dencun upgrade. In a recent announcement shared through its official channels, the Foundation outlined its strategic roadmap for the rollout of Uniswap V4. The foundation disclosed that it is presently in the “Code Freeze” phase, concentrating on completing core code development, conducting rigorous testing, optimizing gas usage, enhancing security measures, and finalizing auxiliary Features . Now that the launch of Dencun on Ma...

Horizen EON integrates Ascent Exchange and ICHI Vault to enhance defi

Horizen EON has integrated Ascent Exchange into its ecosystem via ICHI Vault. Horizen integrates Ascent Exchange and ICHI Vault Horizen EON is a blockchain platform that can be scaled to accommodate developers who wish to create decentralized finance (defi) applications. On the other hand, Ascent Exchange is a global digital trading platform that allows users to trade different tokens. You might also like: Horizen to remove privacy transactions in upcoming hard fork By fusing the Horizen EON platform with Ascent Exchange, users can enjoy the benefits of both projects’ defi utility. Horizen EON provides privacy and security for users to build innovative applications. Ascent Exchange offers liquidity for users to trade Horizen EON tokens and earn yield through the ICHI vault. Uniswap v3 utilizes the ICHI vault protocol for liquidity management. It enables decentralized exchange users to optimize their liquidity position and earn higher returns thr...

Short-term Uniswap (UNI) holders in loss as investors dump

Image
Uniswap (UNI) investors have been dumping the asset as the decentralized finance (defi) protocol started to charge swap fees. Uniswap founder Adam Hayden announced on Oct. 16 that the protocol will start charging a 0.15% swap fee to continue its operations. Both wallet and web application users would have to pay the fee to swap tokens, according to a crypto.news report. Moreover, users found a know-your-customer (KYC) verification hook in the open directory of Uniswap V4. Following the introduction of swap fees and KYC procedure, users on X (formerly Twitter) call the defi protocol “centralized.” You might also like: Uniswap to charge 0.15% swap fees in web app and wallet Expert believes that KYC verification is necessary for Uniswap’s long-term survival despite all the criticism the protocol has faced from its users.  According to the market intelligence platform Santiment, investors have begun dumping UNI tokens as the platform started to charge swap fees.  ...