- Uniswap announced the deployment of its v2 protocol on six new chains.
- According to Uniswap, the protocols were deployed on Arbitrum, Polygon, Optimism, Base, BSC, and Avalanche.
- Uniswap v2 pools cover the entire price range by default, minimizing the need for active “Liquidity Pooling.
Uniswap, the Smart Contract-based decentralized cryptocurrency exchange (DEX), announced the deployment of its v2 protocol on six new chains. According to a post on X, the deployments would allow users to execute functions directly on those chains through the protocol’s interface. The said chains include Arbitrum, Polygon, Optimism, Base, Binance Smart Chain (BSC), and Avalanche.
You all love v2 so much, we’re bringing it to you everywhere pic.twitter.com/OQLrPH0A2z— Uniswap Labs (@Uniswap) February 20, 2024
Explaining the impact of the recent deployment, Unsiwap noted that the fresh development will offer simpler experiences for liquidity pools (LPs) based on users’ requests. The project measured v2’s simplicity against the more complex v3, which offers more advanced capabilities for more active LPs.
Meanwhile, Uniswap highlighted that v2 pools cover the e…
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