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Uniswap (UNI) Enhances DeFi Experience with World Chain Integration
At Extreme Investor Network, we are excited to bring you the latest news in the crypto space. Uniswap (UNI) has recently made a groundbreaking announcement by integrating World Chain on its platform. This integration opens up new opportunities for users to swap tokens and provide liquidity on a Layer 2 blockchain, aiming to offer fast and cost-effective onchain experiences.
World Chain’s Layer 2 Capabilities
World Chain, built on the Superchain and secured by Ethereum, is designed to cater to the growing user base of World App. It prioritizes blockspace for users verified with World ID, providing them with a free gas allowance. This strategic move aims to make blockchain technology more accessible and user-friendly.
Accessing World Chain on Uniswap
Users can now access World Chain on Uniswap by navigating to app.uniswap.org, selecting the network button, and choosing World Chain as the preferred network. The Uniswap wallet also supports World Chain, allowing for seamless token swaps while on-the-go.
Liquidity Provision on World Chain
With this integration, users can provide liquidity on World Chain using the Uniswap interface, available on both Uniswap v2 and Uniswap v3. By visiting app.uniswap.org/pool, users can select ‘New Position’ to choose their preferred token pairs for liquidity provision.
Implications for the DeFi Ecosystem
The integration of World Chain into Uniswap’s ecosystem represents a significant step in expanding decentralized finance (DeFi) capabilities. This move is expected to attract more users seeking efficient and cost-effective blockchain solutions, further solidifying Uniswap’s role as a leading DeFi platform.
Overall, Uniswap’s support for World Chain marks a pivotal enhancement in providing users with more versatile and efficient tools for engaging in DeFi activities. As the blockchain space continues to evolve, integrations like these are crucial for fostering innovation and accessibility within the industry.
Stay tuned to Extreme Investor Network for more updates on the latest developments in the crypto world!
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