bitcoin
bitcoin

$99198.81 USD 

1.98%

ethereum
ethereum

$3380.70 USD 

7.97%

tether
tether

$1.00 USD 

0.06%

solana
solana

$259.82 USD 

8.22%

bnb
bnb

$629.58 USD 

2.79%

xrp
xrp

$1.38 USD 

24.87%

dogecoin
dogecoin

$0.394160 USD 

2.25%

usd-coin
usd-coin

$0.999897 USD 

0.01%

cardano
cardano

$0.877407 USD 

12.11%

tron
tron

$0.198955 USD 

0.66%

avalanche
avalanche

$36.14 USD 

6.19%

shiba-inu
shiba-inu

$0.000025 USD 

3.11%

toncoin
toncoin

$5.54 USD 

1.75%

sui
sui

$3.58 USD 

1.43%

bitcoin-cash
bitcoin-cash

$494.85 USD 

-6.37%

Cryptocurrency News Articles

Unizen Unveils Game-Changing Upgrades: Enhanced Gas Optimization and Revolutionary Liquidity Mechanism ULDMv3

May 02, 2024 at 07:13 pm

Unizen Unlocks New Era of DeFi Trading with Enhanced Ethereum Gas Optimization and ULDMv3 Upgrade, Revolutionizing Liquidity Distribution and Trading Efficiency. ULDMv3 introduces faster quote speeds, reduced gas costs, cross-chain trade splitting, and enhanced token routing, while leveraging machine learning for adaptive trade strategies. These advancements, coupled with Unizen's upcoming Layer 1 solution and the utility of its $ZCX token, aim to redefine the DeFi landscape by empowering users with the most advanced tools available.

Unizen Unveils Game-Changing Upgrades: Enhanced Gas Optimization and Revolutionary Liquidity Mechanism ULDMv3

Unizen Unleashes Transformative Updates: Enhanced Ethereum Gas Optimization and Revolutionary ULDMv3

Dubai, UAE - May 2, 2024 - Unizen, the leading decentralized finance (DeFi) aggregator, has released two groundbreaking updates that are poised to revolutionize the DeFi industry: Enhanced Ethereum Gas Optimization and ULDMv3. These advancements represent a quantum leap in efficiency and cost-effectiveness, elevating the trading experience for DeFi users to unprecedented heights.

Enhanced Ethereum Gas Optimization: Slashing Transaction Costs

Unizen's Enhanced Ethereum Gas Optimization significantly reduces Ethereum transaction costs by an astounding 40-50% for all users and an even more impressive 60-70% for integrators. This optimization makes decentralized trading more accessible, eliminates unnecessary overhead costs, and empowers traders to operate with greater freedom and cost efficiency.

ULDMv3: A Paradigm Shift in Liquidity Distribution

ULDMv3 (Unizen Liquidity Distribution Mechanism version 3) marks a monumental transformation in the way trades are executed on the Unizen platform. This is not merely an incremental improvement but a complete overhaul designed to redefine the very framework of trading. Unizen CTO Martin Granström aptly describes it as "a revolution in liquidity sourcing that sets new industry benchmarks."

Key Enhancements in ULDMv3

  • Lightning-Fast Quote Speeds: ULDMv3 boasts significantly faster quote retrieval and trade execution speeds, minimizing latency and ensuring real-time trading efficiency. In the fast-paced world of DeFi, where market conditions can shift in mere seconds, this speed enhancement is crucial.
  • Reduced Gas Costs: Building upon Unizen's already competitive gas fee structure, ULDMv3 optimizes underlying algorithms to further reduce costs. Smarter contract interactions and streamlined transactions minimize the gas required for each trade, making trading more affordable and sustainable, especially during periods of high network congestion.
  • Cross-Chain Trade Splitting: A standout feature of ULDMv3 is its ability to seamlessly split trades across different blockchains, maximizing token output on the receiving chain. This is achieved through efficient token swaps that leverage the unique strengths of multiple blockchains, optimizing trade value and efficiency.
  • Enhanced Token Routing: The routing mechanism in ULDMv3 is constantly upgraded to automatically select the most optimal paths for token transfers. This ensures users receive the best possible rates and outputs by navigating the complex landscape of liquidity pools and trading pairs, resulting in better returns and reduced slippage.
  • Machine Learning Integration: At the heart of ULDMv3's advanced capabilities is its integration of machine learning technologies. These systems continuously analyze market conditions and liquidity pool interactions, refining and optimizing trading strategies. By learning from each transaction, ULDMv3 adapts and evolves, offering increasingly efficient trade executions.

Unizen Strengthens Leadership in DeFi

The development of ULDMv3, a project that spanned nearly a year, exemplifies Unizen's unwavering commitment to innovation and quality. This upgrade not only optimizes the technical mechanics of trading but also introduces adaptive, self-improving algorithms that dynamically adjust to real-time market conditions.

With these transformative updates, Unizen solidifies its leadership position in the DeFi space, providing its community with the most advanced tools available. These enhancements promise to deliver unprecedented value to Unizen users and establish new standards in decentralized trading efficiency.

Experience the Enhanced Trading Experience

Witness the transformative power of these updates firsthand through Unizen's web-based application at www.zcx.com or via the recently released mobile app available on the Google Play Store.

$ZCX Token: Enhancing Profitability and Value

As the core token of Unizen, $ZCX plays a pivotal role in maximizing trading profitability. It not only facilitates transactions but also offers users the opportunity to earn passive income through the platform's Earn feature. This feature allows token holders to stake their $ZCX and receive rewards, adding an attractive layer of utility to the token.

The integration of $ZCX into Unizen's upcoming Layer 1 solution marks a significant leap forward. This integration is designed to elevate the functionality of $ZCX, embedding it deeper within the ecosystem and granting it a more central role in transaction processes and governance mechanisms.

Unizen Layer 1 Blockchain: Expanding Interoperability and Access

Unizen's strategic development of its own Layer 1 blockchain, currently in stealth mode, is a pivotal part of its expansion strategy. This blockchain is tailored to support both programmable and non-programmable chains, broadening its applicability and potential user base. The design aims to boost interoperability among different blockchain technologies within Unizen's ecosystem, facilitating smoother and more efficient cross-chain transactions. This enhancement is crucial for driving wider adoption and easier access to web3 technologies, making them more user-friendly and integrated.

The introduction of Unizen's Layer 1 blockchain is poised to redefine the way users interact with the platform, offering them more seamless, secure, and swift transactions. It promises to leverage the inherent strengths of $ZCX, ensuring that the token not only increases in utility but also in value as it becomes an integral part of a larger, more interconnected ecosystem. This development aims to attract a diverse group of users, from seasoned traders to those new to the web3 space, enhancing their overall experience and engagement with decentralized finance.

About Unizen

Unizen is a revolutionary DEX Aggregator with comprehensive omni-chain access and UTXO support, offering unparalleled returns on decentralized trades industry-wide. Our platform boasts a seamless experience with zero bridging, no sign-ups, no fees, and no KYC requirements, all while maintaining complete decentralization.

Our innovative approach sets us apart, featuring an industry-leading Unizen Liquidity Distribution Mechanism (ULDM), Unizen Interoperability Protocol (UIP), comprehensive omni-chain access, and UTXO support (starting with native Bitcoin).

These industry-leading innovations empower us to provide the highest returns on decentralized trades in the world, offering access to over 20,000+ assets across 9 chains and 170+ decentralized exchanges.

Company Website | Documentation | CoinMarketCap

Community | Telegram

Product | ZCX.com | Mobile App

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Nov 22, 2024