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Story Highlights The live price of UniSwap coin is . UNI price could reach a maximum of $8.69 by the end of 2023. Unicoin price with a potential surge may reach a high of $61.89 by the end of 2030. DeFi's have come into existence with the idea of no intermediaries.
The Ethereum Foundation recently executed a significant transaction, swapping 1,700 ETH for 2.738 million USDC on the decentralized platform Uniswap. Significantly, this action underscores the rising prominence of stablecoins in the evolving digital economy.
The Ethereum Foundation has reportedly sold 1,700 ETH for 2.738 million USDC. The transaction took place on the decentralized exchange Uniswap at 16:18 UTC+8, further solidifying the narrative around the growing utilization of stablecoins in the digital economy. 2 hours ago, Grant Provider: 0x9ee4 (Ethereum Foundation wallet) sold 1.7K $ETH ($2.74M) at $1611. pic.twitter.
The Foundation periodically sells tokens to cover costs, creating a temporary sell-off event in markets.
The new update to TWAMM would allow splitting of large orders. Consequently, this would decrease the impact of sudden price swings on trades.
GFX Labs, the creators of Oku, the DeFi trading terminal powered by Uniswap v3, are pleased to announce their integration with zkSync Era, a Layer 2 scaling solution for Ethereum.
While UNI's price action remained bearish, Grayscale did give Uniswap holders a reason to rejoice. Grayscale revealed its holdings that showed UNI as a part of the investment giant's portfolio.
Uniswap (UNI) is currently wriggling away from its bearish outlook in what appears to be a concerted effort to charge toward a new price high. For now, the automated market maker (AMM) token is priced at $4.35 on spot exchanges after inking a 2.3% growth at the time of writing per data from CoinMarketCap.
Uniswap, the biggest decentralised exchange (DEX) in the world, could soon be deployed in the Filecoin Virtual Machine (FVM). This deployment will happen if a vote by Michigan Blockchain aims to make this possible in the coming days. According to the voting tracker, over 15.39 million UNI tokens or 99.
Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency.
Uniswap v3 contracts are now live on the Moonbeam Network, a core component of the Polkadot ecosystem, facilitating a broader user base to engage with Uniswap via an Oku interface. This integration, spurred by community approval and secure cross-chain protocol Wormhole, underscores Moonbeam's standing in multi-chain expansions and augments trading experience with enhanced features catering to liquidity providers.
Uniswap (UNI) has emerged as a beacon of activity and growth amidst a month of turbulent trading for the broader cryptocurrency market. Throughout September, the crypto market exhibited a remarkable level of volatility while remaining largely range-bound, leaving market participants in a state of neutrality.
Uniswap witnesses a resurgence with growing user activity and a milestone 300 million swaps, while strategic collaborations drive its evolution.
The popular decentralized exchange, Uniswap, is requesting an on-chain approval for a $62 million funding boost for its developing arm, the Uniswap Foundation. This latest funding request comes as the second part of a previously earmarked $74 million funding initiative.
Uniswap could present another shorting opportunity if it falters at the $4.5 roadblock.
“The foundation intends to allocate $15 million annually in community grants to support innovative DeFi projects.
The Uniswap Foundation has proposed a $62.37 million fund allocation, and an on-chain vote is scheduled for Oct. 4 to decide on it
The Uniswap Foundation (UF) has submitted a proposal seeking a second round of funding to invest in their vision of powering their vision of the DeFi ecosystem.
Uniswap had previously raised $17.3 in the first round of a $74 million funding that was mapped out for its developer.
UNI stayed in risky waters considering the inability of the bulls to push it outside September's range. However, that didn't stop the Uniswap network from making strides on the dApp growth front.
In a move aimed at advancing their vision of creating a self-sovereign Internet with a permissionless alternative to traditional finance (TradFi), the Uniswap Foundation (UF) has submitted a proposal to secure the second tranche of funding. The desired funding, totaling $62.37 million, will be put to an on-chain vote scheduled for Wednesday, October 4th, with a 10% buffer included to mitigate price volatility.
The Uniswap Foundation has requested a second tranche of $62.37M in funding to continue its ecosystem development efforts. While the proposal outlines a comprehensive financial plan and future initiatives, some community members have raised concerns about the size of the funding request.
The Foundation plans to issue $15 million per year in community grants to fund DeFi projects.
Uniswap Foundation proposal seeks $62.37M in funding for crypto ecosystem growth and development, with plans for on-chain voting on October 4.
