Uniswap Labs Launches Mainnet for New Ethereum Layer-2 Unichain

The workforce behind the highest decentralized trade Uniswap (UNI) is formally launching its new Ethereum (ETH) layer-2 blockchain.

In a brand new announcement from Uniswap Labs, the agency says Unichain mainnet formally launched as we speak in accordance with plan.

As per the announcement, Unichain might be a layer-2 optimized for decentralized finance (DeFi) transactions on Ethereum.

Beginning as we speak, builders can use Unichain to start deploying apps and constructing with stablecoins, and customers of the brand new layer-2 can fund their pockets, launch tokens, play with new apps, present liquidity and do swaps, in accordance with the weblog put up.

A put up from Unichain to the social media platform X broke down the brand new chain’s benefits into three details.

“Unichain mainnet is stay

– Quick with low charges

– Constructed for cross-chain liquidity

– Prioritizes decentralization from day one

Now you can deploy DeFi apps, launch tokens, swap, present liquidity, and extra.”

Inside hours of launching, main US crypto trade Coinbase announced assist for Unichain.

“Coinbase Onramp is increasing to Unichain. Unichain customers now have a seamless approach to convert fiat-to-crypto, with fee-free USDC on-ramping obtainable at launch.

Unichain is a quick, decentralized Superchain L2 designed to be a house for DeFi and cross-chain liquidity.”

Uniswap labs introduced the launch of the mainnet final month.

“As soon as the brand new system’s security and stability are validated, mainnet might be open for everybody! Customers will have the ability to bridge funds on to the community, and functions supporting Unichain will go stay.”

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Featured Picture: Shutterstock/ArtLight Manufacturing/Muhammed AKAN