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Frax Finance is considering a pivotal shift in its revenue-sharing strategy. The project disclosed the potential for stakers of its native token, FXS, to enjoy a share of protocol fees.
In the last week, 23 cryptocurrencies experienced notable gains against the U.S. dollar, with flare (FLR) and uniswap (UNI) leading the charge. Concurrently, dymension (DYM) and helium (HNT) saw significant declines over the same period.
A wallet that received 5.44 million uniswap {{UNI}} tokens in 2020 sold 90,000 UNI worth $1.03 million during Friday's price surge to $12.80.
The dormant circulation surge suggested that holders were active in booking profits.
Uniswap has outpaced Bitcoin in fees paid by crypto traders for over a week, with the DEX surpassing Bitcoin on Feb. 14 According to data from Cryptofees, Uniswap raked in around $1.9 million in fees on Feb. 25, surpassing Bitcoin's $1.2 million on the same day.
The momentum of revenue sharing in the Uniswap ecosystem.
A crypto wallet associated with the team behind top decentralized exchange (DEX) Uniswap sold off some of its UNI holdings during the latest price rise, according to on-chain data. First reported by blockchain tracking firm Lookonchain, an address linked to Uniswap sold just over $1.03 million worth of UNI at $11.48.
UNI reached its highest value in two years, with its monthly gains almost hitting 80%. However, the rapid climb was followed by a slight 1.19% drop in the next day.
Uniswap governance shakeup proposals catalyze transient UNI price euphoria on promises of revenue-sharing upgrades
The governance token of the leading decentralized exchange Uniswap, UNI, has skyrocketed over 50% in the past 24 hours, reaching a two-year high of $12.73.
With the increase in the volatility in the market, the DeFi tokens have experienced a significant uptrend in their respective portfolios. Further, top Decentralized Financial tokens have added over 50% this month, indicating a positive sentiment for this category in the crypto space.
Bitcoin price begins a slow recovery, boosting the bullish momentum in ETH, UNI, FIL and GRT.
Ethereum has risen to a new yearly high, touching $3,070 earlier today while Uniswap gained 40% in just one day.
The current scenario has raised questions over claims of decentralized on-chain governance.
The crypto ecosystem had an eclectic week seeing Bitcoin (BTC) soaring to a high of $52,945 on heightened sentiments surrounding spot Exchange Traded Fund (ETF) products. With the heightened activities surrounding Bitcoin's price action, many altcoins joined the trend, soaring to new heights when interwoven with their own personal ecosystem fundamentals.
Many are wondering: What caused such a massive surge in UNI's value?
Uniswap (UNI), a pioneering decentralized exchange (DEX) in the cryptocurrency space, has recently captured the attention of investors and enthusiasts with its remarkable surge. Surging by over 76% in a single day, Uniswap has reached its highest price level since 2022, signaling a resurgence of interest in decentralized finance (DeFi) platforms.
Within a 24-hour period, UNI experienced a remarkable price surge, skyrocketing by 55% from $7.15 to an impressive peak of $12.77, marking a 79% increase. But there's a justified question: What catalyzed such a significant surge in UNI's value?
While AI tokens were grabbing attention in the crypto world over the past few weeks with soaring values, the focus has now turned to DeFi in the last few days.
Capital inflow shifted toward DeFi tokens from AI tokens, allowing cryptos like UNI to flourish.
Uniswap's price has rocketed by a staggering 75% in the last 24 hours, catapulting to a trading value of $12.39 amidst challenging market conditions. This significant uptick isn't just about numbers; it mirrors a growing interest in Uniswap, evident from its trading volume which has soared by 1910% to $2,544,708,718.
A snapshot vote on a new Uniswap proposal is scheduled for Mar. 1, with on-chain voting set to commence on March 8.
Defi Tokens: In a notable shift in the crypto market's focus, DeFi (Decentralized Finance) assets have begun to recapture attention amidst the burgeoning AI craze. According to a recent analysis by Santiment, a leading crypto analytics firm, prominent DeFi tokens such as UNI (Uniswap), COMP (Compound), SUSHI (SushiSwap), and AAVE have experienced significant spikes in
It appears that the exciting Uniswap (UNI) rally may be elapsing as some wallets have been seen selling out their holdings. Uniswap Soars With Likely Profit Taking Underway According to data from blockchain analytics firm Lookonchain, a Uniswap team wallet sold off a total of 90,000 UNI tokens for approximately 1.03 million USDC at $11.48
