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Cryptocurrency News Articles
Uniswap Launches a Revolutionary Bridge to Reinvent Multi-chain Transfers
Oct 24, 2024 at 01:35 pm
In addition to the deployment of a major update at Uniswap, a new bridge has been established. This now allows for the transfer of crypto-assets
Uniswap is aiming to shine brighter than ever before, and its team is working tirelessly to achieve this goal. The renowned decentralized exchange is launching a new bridge to seamlessly connect Ethereum to other blockchains, facilitating asset transfers like never seen before. This initiative is set to simplify the lives of Uniswap users by offering crypto exchanges without the usual hassles. Here's a closer look at this revolutionary bridge that will change the game for the six million active users of the DEX.
Uniswap : A bridge that reinvents multi-chain transfers
In addition to the deployment of a major update at Uniswap, a new bridge has been integrated. This now allows for the transfer of crypto-assets across nine different blockchains directly from the Uniswap interface or wallet. Among the blockchains involved, we notably find Ethereum, Base, Arbitrum, and Polygon.
Thanks to the collaboration with Across Protocol, this bridge stands out for its permissionless nature and impressive speed: transactions are settled in a few seconds, compared to several minutes before.
Supported blockchains :
For users, it marks the end of long waits and the need to navigate the complex interfaces of external bridges. Uniswap thus addresses a pressing demand from its followers for a seamless, integrated service, all with enhanced security thanks to the use of a decentralized network of liquidity pools and relays.
Simplified crypto: Uniswap reaches a new milestone
Uniswap does not hide its ambitions: to facilitate exchanges in an increasingly multi-chain crypto world. Until now, moving assets from one blockchain to another was a daunting task, posing risks to the security of funds. Now, permissionless bridging via Across Protocol puts an end to these hassles.
“The future will be multi-chain,” announces Unisap Labs, which continues to develop new features for its six million users spread across several networks.
Today, only native assets like ETH or stablecoins are eligible for the bridge, but improvements are already in the works to expand this list.
Finally, Unichain, the crypto solution recently deployed by Uniswap, could well eclipse all other layer 2 solutions thanks to this new visionary infrastructure.
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