A trending poll sees nearly 100% of the Uniswap community call for the support of Arbitrum, an upcoming Layer-2 solution, on the leading Ethereum-based decentralized exchange (DEX).Uniswap is a fully decentralized DEX that uses smart contracts to process peer-to-peer trading between any two users on the planet. Users deposit their funds via any two ERC20 tokens on the … [Read more...] about Nearly 100% of Uniswap’s community wants Arbitrum on the Ethereum DEX
Uniswaps
Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million
The world’s top decentralized exchange, Uniswap, is currently beating out Bitcoin’s daily fee generation by more than 50%.According to the data tracking website, CryptoFees, the leading Ethereum-powered decentralized exchange Uniswap has generated more than $4.8 million worth of fees over the past 24 hours. This has propelled the automated market maker into second place above … [Read more...] about Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million
PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance
Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to grow their ecosystems and market share. One project that has outperformed the field as of late is PancakeSwap (CAKE), the Binance Smart Chain-based automated market maker (AMM) that allows users to exchange … [Read more...] about PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance
Here’s an explainer on Ethereum DEX Uniswap’s V3 update
Decentralized exchange (DEX) Uniswap released the details of the much-awaited v3 upgrade, as per a blog post on Tuesday.“Today we are thrilled to present a detailed overview of Uniswap v3, the most flexible and capital-efficient AMM ever designed,” it said, adding the launch is scheduled for May 5, 2021, with a Layer-2 deployment set to arrive “soon after.”1/🦄 Today we are … [Read more...] about Here’s an explainer on Ethereum DEX Uniswap’s V3 update