Ethereum’s Pending Transactions Surged After Uniswap Launches Governance token

By September 18, 2020DApps
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The number of pending transactions per minute on the Ethereum network jumped shortly after leading decentralized exchange Uniswap announced the launch of its UNI token, coupled with a 400 token airdropped to those who have used the protocol. The decentralized exchange’s announcement revealed it launched the UNI governance token, with...

Crypto exchange OKEx added Uniswap's new UNI token to the array of assets offered on its platform, in addition to trading products around the asset. "Not only has OKEx added support for spot trading of UNI, but it is also providing its users with the most comprehensive range of trading products for this hot DeFi token, including margin, swap trading, coin-margined perpetual swap and Savings, making OKEx the first exchange to offer UNI derivatives," OKEx detailed in a statement Thursday.

For the UNI token, the OKEx crypto exchange will offer comprehensive trading products like spot trading, swap trading, margin trading, perpetual swaps, and much more. Cryptocurrency exchange OKEx has jumped in quickly to include Uniswap‘s newly launched UNI token for the complete range of trading products available on its platform. The announcement comes just within 24 hours after Uniswap unveiled its UNI governance tokens.

A report from crypto data provider, Cross Angle, claims that tokens which first gain traction on Uniswap have consistently provided 208% returns on average once listed by major centralized exchanges. In the past, much had been said about the “Coinbase effect” and “Binance effect”, in which a token's price allegedly...

After failing to hold the $11K mark and exposing what some analysts have described as a general apathy to trade BTC at these levels, Bitcoin (BTC) price is once again flirting with $11,000. As suggested by Cointelegraph contributors Marcel Pechman and Micheal van de Poppe, a move above $11K is...

The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’. Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between the two continuing to grow in favor of ERC-20 assets. This market cap ‘flippening’ points to the fact that the price of Ethereum has corrected more strongly than the ERC-20 ecosystem and has struggled to bounce back in the immediate aftermath.

On Wednesday, Uniswap shocked the world when it suddenly released its own token: UNI. The Ethereum-based decentralized exchange launched the coin with the premise of giving back to their loyal community, who have extensively lauded the product. This meant that every user of the protocol prior to September 1st was...

will be integrating with Chainlink so that the platform’s security audit data for smart contracts, decentralized finance (DeFi) projects, and cryptocurrency exchanges can be accessed by decentralized applications (dApps). Hacken is a cybersecurity, auditing, and consulting firm with a special focus on blockchain security. It provides data related to the...

Uniswap, which uses a unicorn in its logo, is already No. 1 by market value among DeFi applications. (Unsplash, modified by CoinDesk) Earlier this week, analysts with the cryptocurrency analysis firm Arcane Research were musing that new developments appeared to have slowed in the fast-growing blockchain arena of decentralized finance, known as DeFi. But they predicted that any lull was likely to be temporary.

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