Uniswap: UniswapX is now live on the interface
Uniswap announced on X platform that UniswapX has launched on the interface and will provide the best prices for trading.
Uniswap DAO’s proposal to “diversify treasury assets” has passed the temperature check vote
Snapshot page displays that the Uniswap DAO has passed the "Implementing Treasury Asset Diversification" proposal with a final support rate of 75.97%.The proposal suggests the establishment of an advisory committee to help Uniswap achieve fund diversification. The proposal states that in addition to diversification, the committee's goal is to explore how to transform the Uniswap treasury from a dormant reserve in the form of UNI tokens into a fund pool that can earn profits and additional income for the DAO. The committee, called the Uniswap Treasury Working Group, will explore managing the protocol's reserve funds and creating additional income for the project, while proposing a budget of $74,000 for eight weeks of research work for committee members.
Uniswap: 97.5% of transactions under $125,000 outperform Ethereum on Layer 2 network
Decentralized exchange Uniswap has released a research report on the advantages of Uniswap trading on Layer 2 networks. The research shows that 97.5% of trades under $125,000 perform better on Layer 2 networks than on Ethereum. The concentration of liquidity on Layer 2 networks is also 75% higher than on Ethereum, thus improving the capital efficiency of liquidity providers. Due to lower transaction costs, liquidity providers can rebalance their Uniswap positions more frequently. On average, liquidity providers operating across the full price range on Layer 2 enjoy arbitrage profits about 20% higher than on the mainnet. These research data were obtained before the Dencun hard fork, suggesting that efficiency will be even higher with the introduction of blob transactions.
A certain whale has purchased a total of 1.088 million UNI in March, with an average purchase price of US$11.84.
According to data from Whale Alert, a whale withdrew 86,000 UNI tokens worth $1.22 million from Binance half an hour ago. It is reported that the address has accumulated a total of 1.088 million UNI tokens with an average purchase price of $11.84 in March.
UniSwap: Current price orders have been launched on the Web App
According to official sources, UniSwap Labs announced that the Limit Orders feature has been launched on the Web App. This means that users can independently set the price for trading tokens without having to excessively focus on market data. UniSwap stated that the cost of limit orders is zero, there is no minimum swap requirement, and no need to deposit funds.
Uniswap V3 Fees: Factory Owner amendment was not passed, with 59.89% of the votes against
The Uniswap V3 Fees Factory Owner Amendment proposed by Michigan Blockchain, 404 DAO, and GFX Labs was not passed, with 30 million UNI (59.89% of the total) cast as opposing votes. Representatives such as teemulaumhonkasalo.eth and Wintermute (wintermutegovernance.eth) also voted against the proposal.It is reported that the proposal would have allowed DAO to change the fee mechanism in the future. In the proposal put forward by the Uniswap Foundation, V3FactoryOwner.sol did not have the function to set a new owner for UniswapV3Factory.sol. If the proposal had been passed, no one would have been able to change V3FactoryOwner.sol, and this would have been a permanent change.
Uniswap announces upcoming plugin extension
According to an official announcement, Uniswap announced that it will soon launch a plugin extension program that seamlessly integrates with web applications and mobile applications, allowing users to access all their favorite Uniswap features directly from the sidebar of the website.
Wallets related to Uniswap sold 41,000 UNI and still hold 358,000 UNI
Lookonchain monitoring data shows that today's UNI price has risen by more than 20%. Wallets related to Uniswap (team/investors/advisors) sold 41,000 UNI (worth $608,000) after the price increase. The wallet also sold 43,000 UNI (worth $485,000) after the UNI price increase on February 14th. Currently, the wallet still holds 358,326 UNI (worth $5.83 million).
Uniswap has initiated a proposal to activate Uniswap protocol governance and has exceeded the quorum
The proposal to activate the Uniswap protocol governance initiated by Uniswap has been passed by the required number of votes (10 million UNI) based on the snapshot page information. Currently, 100% of the votes support the proposal, and the voting will end on March 6th. The next step will be on-chain voting, which will last for 7 days and require 40 million UNI as the required number of votes.
UNI breaks through $13, hitting a new high in the past two years
According to OKX market information on March 2nd, UNI broke through $13 and is currently priced at $13.22, reaching a new high in this round of rebound and also the highest since February 2022. Prior to this news, Uniswap had initiated a "Activate Uniswap Protocol Governance" proposal vote, with a current approval rate of 100%.
