$34.06
1H
-0.41%$0.1402
24H
-8.66%$3.23
7D
-13.7%$5.42
30D
-6.02%$2.18
Since its inception, the Uniswap Protocol (”Uniswap”) has served as trustless and highly decentralized financial infrastructure. Having proven product-market fit for highly decentralized financial infrastructure with a platform that has thrived independently, Uniswap is now particularly well-positioned for community-led growth, development, and self-sustainability. The introduction of UNI (ERC-20) serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.
Though some insurance plans on Nexus Mutual can be relatively costly to take out, with charges of up to 60% of the protected amount per year, others are far more reasonable at as low as 2.6% per year.
According to Buterin, a highly secure price oracle is a vital ingredient for any successful decentralized financial ecosystem.
New generation blockchains increase throughput to several thousand transactions per second with new engineering solutions such as PBFT proof of stake.
Ethereum has been one of the best-performing digital assets this year. The digital coin’s year-to-date gains are over 480% and despite its slight slide, its value is up by 65% over the last 30 days and 7.4% in the last 24 hours.
As of the press moment, Uniswap has generated $7.1 million in fees over the past 24 hours. Meanwhile, Bitcoin’s 1-day fees reached $4.6 million. Both Uniswap and Bitcoin are remaining behind Ethereum the daily fees’ revenue of which has reached $117.2 million.
