BitcoinEthereumNews·
The post Uniswap considers vote to expand UNIfication to v4 protocol fees appeared on BitcoinEthereumNews.com. Uniswap Labs asked holders of the UNI token to approve protocol fees on a portion of Uniswap v4 pools for the next stage of the UNIfication burn program that already runs on 11 chains. The company will hold a snapshot vote that will run for five days beginning July 7 and closing July 12, with a binding on-chain vote to follow the week of July 13. How will Uniswap add v4 to UNIfication? Uniswap Labs opened a snapshot vote today, July 7, asking holders of the UNI token to add v4 pools to its fee and burn program that already runs on 11 chains, namely Ethereum, Arbitrum, Base, Celo, OP Mainnet, Soneium, X Layer, Worldchain, Zora, BNB Chain, and Polygon. The vote will run for five days, until July 12, with on-chain votes starting the week of July 13. When traders use Uniswap, they pay fees— some of which go to the protocol. To claim those fees, a searcher has to burn an equal va
Read full articleUniswap's rapid growth on Robinhood Chain highlights the potential for DeFi platforms to integrate with traditional finance, boosting liquidity and innovation. The post Uniswap surpasses $1B in volume on Robinhood Chain just nine days after launch appeared first on Crypto Briefing.
Activating protocol fees on Uniswap v4 pools could enhance UNI token value through increased burns, but may impact liquidity provider returns. The post Uniswap Labs proposes activating protocol fees for v4 pools across 11 chains appeared first on Crypto Briefing.
The post Uniswap Floats Turning On Protocol Fees for v4 Pools appeared on BitcoinEthereumNews.com. Temp check would extend the fee switch to Uniswap’s newest architecture, drawing an early warning that the move “risks killing the protocol.” Uniswap Labs on July 7 proposed activating protocol fees on a subset of Uniswap v4 pools, extending the fee rollout that DAO voters approved under the UNIfication package to the exchange’s newest and most flexible pool architecture. The temperature check went to a five-day Snapshot vote running July 7-12, with an onchain vote scheduled to begin the week of July 13. Because Uniswap’s GovernorBravo contract caps proposals at 10 actions, Uniswap Labs said two onchain votes will be posted in parallel to cover all the chains involved. UNI is up 6.8% to $3.57 in the past 24 hrs, giving Uniswap a market capitalization of $2.2 billion, according to CoinGecko, while ETH is up almost 3%. The token remains down more than 90% from its May 2021 record of about $
Temp check would extend the fee switch to Uniswap's newest architecture, drawing an early warning that the move "risks killing the protocol."
Robinhood Chain's rapid TVL growth highlights the potential for new Layer-2 solutions to quickly disrupt established blockchain ecosystems. The post Uniswap TVL on Robinhood Chain surpasses $30M as Layer-2 launch gains serious traction appeared first on Crypto Briefing.
The post Robinhood Chain surpasses $70M in bridged Ether after launch appeared on BitcoinEthereumNews.com. Robinhood Chain has attracted more than $70 million worth of bridged Ether within its first week, strengthening Ethereum’s role as the settlement layer behind the brokerage’s new tokenized finance network. Summary Robinhood Chain has attracted more than $70 million in bridged Ether within its first week after launch. Daily Uniswap trading volume has reached $500 million while total value locked has climbed above $106 million, supported by institutional liquidity. Token Terminal said continued adoption of Robinhood Chain could create a meaningful new source of demand for Ether. Data from Token Terminal showed the Arbitrum-based layer-2 network crossed the milestone after launching on July 1, with the analytics platform saying continued adoption could make the chain “a meaningful new source of demand for ETH.” ETH bridged from @ethereum (L1) to Robinhood Chain (L2) is up by ~70x in
Robinhood Chain has attracted more than $70 million worth of bridged Ether within its first week, strengthening Ethereum’s role as the settlement layer behind the brokerage’s new tokenized finance network. Data from Token Terminal showed the Arbitrum-based layer-2 network crossed…
The post Here’s why Uniswap is betting on execution over higher LP incentives appeared on BitcoinEthereumNews.com. Competition among decentralized exchanges is increasingly forcing protocols to rethink the incentives that originally fueled DeFi’s rapid expansion. In fact, Uniswap [UNI] has become the latest to test that transition after proposing a reduction of up to 33% in V4 liquidity provider fee incentives. More importantly, Uniswap’s TVL stood at $3.02 billion while its monthly volume hovered near $36 billion at press time. This hinted at strong market leadership, despite intensifying competition from rival decentralized exchanges. Source: DeFILlama The proposal marks a clear departure from previous models. The V3 model used much higher percentages of each trade to incentivize early liquidity providers to quickly capitalize on its platform. Instead, the protocol believes that a lower cost of trading, tighter spreads, and better capital usage will result in a sufficient increase i
