The hottest trend in crypto has been highlighted by the quickly rising popularity of Uniswap, spearheading the DeFi revolution.
Uniswap is a decentralized exchange, where users can buy and provide liquidity, directly from crypto wallets, all built on Ethereum. Affectionately, named after Ethereum’s most notorious mascot, the Unicorn, as often represented by Ethereum’s co-founder Vitalik’s clothing at past Ethereum Devcon events.
And a true tech Unicorn Uniswap has become, often out-performing many of the World’s leading exchanges in daily volume, and perpetually causing congestion on the Ethereum network since launch, driving up gas fees to all-time highs during periods of high volume.
Last week, to everyone’s pleasant surprise, Uniswap Airdropped 400 tokens to each Ethereum wallet address who traded on the platform prior to September 1st. Unlike many Airdrops in the past, which have often diluted the token’s value as recipients sell their free tokens, in true Uniswap fashion, the token’s value continued to rise, hitting a high of $7.15, before seeing a correction with the rest of the cryptocurrency market.
At Voyager, we’re excited to announce that as of yesterday the Uniswap (UNI) token is now available for trading and transfers on Voyager. Whether you’re looking to buy or trade UNI tokens, to get access to one of the hottest coins in crypto, or cash out your Uniswap token airdrop, you can do all of the above on Voyager.
As Voyager expands, we continue to give our customers a unique level of access to the DeFi market. In recent months, we’ve listed Compound (COMP), Uma (UMA), yearn.finance (YFI), Polkadot (DOT), and now Uniswap (UNI), so customers can buy, trade, and transfer these assets to access the DeFi World.
Top Market Movers
- Orchid (OXT) +16%
- Celo (CELO) +9%
- Band Protocol (BAND) +3%
- DigiByte (DGB) +2.5%
Europe Embraces Crypto & Prepares for Digital Euro
This week the European Union’s executive branch laid out plans and an extensive framework for digital assets. A new bill will be created and submitted called, “Regulation on Markets in Crypto Assets (MiCA), which, for the first time, will outline what constitutes a wide-array of different types of digital assets, provide rules and regulations for digital asset custody and give businesses greater regulatory clarity on how to operate in the EU and interface with the cryptocurrency market (Source).
It was also recently reported that the smart contract platform Tezos, was chosen by the French central bank’s digital currency trials to begin the initial tests on the French central bank’s digital Euro trials.
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