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Sujit Kumar
Feb 29, 2024
by Sujit Kumar

Uniswap Unveils Groundbreaking Uniswap Extension for Seamless Browser-Based Wallet Experience

Uniswap Extension
Uniswap Labs has unveiled the Uniswap Extension, a groundbreaking browser-based wallet extension that eliminates pop-ups and transaction windows, residing seamlessly in your browser's sidebar. The waitlist for this innovative extension is now open, exclusively available for users with uni.eth usernames obtained through the Ethereum Name Service (ENS).

This move follows Uniswap Foundation's recent announcement of the V4 upgrade for its decentralized exchange, scheduled for Q3 2024. Aligned with Ethereum's Dencun upgrade, this enhancement underscores Uniswap's commitment to self-custody and decentralization.

The Uniswap Extension simplifies the Web3 experience by allowing direct sending, receiving, buying, and swapping of tokens within the web browser. Aiming to enhance accessibility, this extension is poised to reduce user reliance on third-party services for core functionalities.

Notably, over 100,000 uni.eth subdomains have been claimed for free through the Uniswap mobile app, available on both iOS and Android. However, usernames are only accessible on Uniswap Wallet version 1.21.1 or higher.

This development follows Uniswap Foundation's recent proposal to revamp the reward system for staking and delegation, emphasizing rewards for "active, engaged, and thoughtful" users to address concerns of protocol stagnation.

Uniswap also executed a canonical deployment of Uniswap v2 on various platforms like Arbitrum, Polygon, Optimism, Base, Binance Smart Chain, and Avalanche. The move enabled direct swapping and liquidity pool creation from the native interface.

UNI, Uniswap's native token, experienced a notable uptick of 51.2% over the past week, with a significant surge in trading volume from $105 million to $2 billion between February 23 and 24. This change reflects positively on the protocol's market capitalization, witnessing an increase from $5.5 billion to $8.5 billion during the same timeframe.

Excitingly, the Uniswap Extension marks a pivotal moment for Web3 users, offering a more streamlined and accessible decentralized finance experience. Join the waitlist now to be part of this innovative leap forward!

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Uniswap Unveils Groundbreaking Uniswap Extension for Seamless Browser-Based Wallet Experience
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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