Uniswap gets Polkadot version via Moonbeam network.
The smart contracts for the exchange have already been deployed to Moonbeam , and the only tasks left to fully launch it are “front-end integration updates and including Moonbeam to the auto router,” the proposal stated.
Initial liquidity on the exchange may be low, as the proposal warns that “[d]ue to tumultuous market conditions, promises of liquidity bootstrapping have been temporarily excised.” However, it also states that Blockchain at Michigan is exploring the idea of applying for a Moonbeam grant to provide liquidity as soon as possible. If a grant is approved, it would be “on behalf of the DAO,” the proposal said, implying that funds would be held by Uniswap’s decentralized autonomous organization.
In an accompanying announcement from Polkadot developer Parity Technologies, business development executive Omar Elassar said he thought the new version would help to increase speed and security for Uniswap users: “Polkadot is a strong fit for Uniswap, whose users can discover everything the network’s parachains offer, such as high performance, scalability, security, and interoperability."
Polkadot is an interconnected web of blockchain networks called “parachains.” These chains connect to each other and share security through the Polkadot relay chain. The Moonbeam parachain is specifically focused on providing a developer environment similar to Ethereum, with the goal of making it easy for developers to port their Ethereum apps over to the Polkadot ecosystem.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uniswap Will Go Live on Polkadot Through Moonbeam ParachainPolkadot is set to welcome Uniswap DEX through Moonbeam parachain
Read more »
DeFi Must Get Easier to Use to Win Over Retail Customers, Uniswap Survey FindsA Uniswap survey finds DeFi is too complicated for many retail users, a hurdle to broader adoption for on-chain trading. realDannyNelson reports
Read more »
Uniswap Will Go Live on Polkadot Through Moonbeam ParachainPolkadot is set to welcome Uniswap DEX through Moonbeam parachain
Read more »
DeFi Must Get Easier to Use to Win Over Retail Customers, Uniswap Survey FindsA Uniswap survey finds DeFi is too complicated for many retail users, a hurdle to broader adoption for on-chain trading. realDannyNelson reports
Read more »
How to Deploy a Serverless Node.js Application on Azure | HackerNoonThis article will guide beginners in software development on how to deploy a serverless Node.js application on Microsoft Azure. - nodejs serverless
Read more »
DeSantis ready to deploy 1,100 Florida National Guard, state cops to Mexican borderUp to 1,100 Florida National Guard soldiers, state troopers, Fish and Wildlife officers and other law agents along with boats, airplanes and drones are poised to patrol the Texas border with Mexico as soon as Wednesday, Gov. Ron DeSantis said Tuesday.
Read more »