Browsing:UNI

Uniswap's Layer-2 (L2) ecosystem had a record transaction volume of $208.11 billion in February 2024
2 months ago 1 min read

Uniswap’s L2 transaction volume hits over $200 billion ATH, driving up UNI token price

Uniswap’s Layer-2 (L2) ecosystem had a record transaction volume of over $200 billion in February 2024, a notable milestone in the decentralized finance (DeFi) industry. The significant increase in volume, which resulted in a 280% rise from February 2023, demonstrates the increasing acceptance and utilization of decentralized exchanges by cryptocurrency traders and investors. The rise in transaction volume has impacted the price movement of Uniswap’s native token, UNI, resulting in a 15% value appreciation. Yet, the price has decreased, and UNI is now trading at $12.22, showing a slight 5% rise in the past 24 hours. The general sentiment remains

Uniswap's Foundation has announced a plan to refresh its governance model
2 months ago 1 min read

Uniswap’s governance proposal spikes UNI prices by over 60%

Uniswap’s Foundation has announced a plan to refresh its governance model, encouraging token owners to participate by offering rewards for token staking and delegation. This initiative aims to improve the fee system of the network, aiming for greater involvement and sustainable growth. Furthermore, the proposal includes introducing new smart contracts for efficient fee collection and sharing, which has garnered widespread community support. Following this, the crypto community reacted positively, with UNI’s price jumping by over 60%. The team says that the foundation’s goal is to develop a resilient governance model, ensuring Uniswap remains a key player in internet liquidity. Additionally,