Uniswap's innovative StablePair Hook could reshape decentralized finance by enhancing stablecoin trading efficiency and liquidity on Ethereum.
CryptoBriefing•Editorial Team15 Sept
Uniswap's DualPool Hook could revolutionize stablecoin trading by optimizing liquidity use, potentially increasing DeFi market efficiency and participation.
CryptoBriefing•Editorial Team10 Sept
Uniswap Labs has launched StablePair Hook, a Uniswap v4 tool that uses dynamic fees for stablecoin pairs such as USDC/USDT.
The Block•Yogita Khatri10 Sept
The complaint says Uniswap’s counsel sent three letters before Unicoin’s Sept. 28 launch and seeks declarations on its marks and domains.
Cointelegraph•Cointelegraph by Zoltan Vardai10 Sept
Unicoin has sued Uniswap Labs in New York federal court, seeking declarations that its UNICOIN brand does not infringe Uniswap’s trademarks and asking the court to cancel Uniswap’s federal UNI trademark registration. Unicoin said in a Sept. 8 complaint shared…
Uniswap Labs' enhanced support for hook builders fosters innovation, enabling diverse, secure, and user-friendly DeFi solutions on its platform.
CryptoBriefing•Editorial Team8 Sept
Pons (PONS) climbed to a record high of $0.73 on Friday after Uniswap Labs disclosed a purchase of the token, lifting the price roughly 41% in a day. The milestone adds to a rally, which has lifted the meme coin 2534.7% in the past month and divided traders sharply. Uniswap Purchase Follows Weeks of Launchpad
BeInCrypto•Kamina Bashir4 Sept
Could Uniswap V4 hooks turn launchpads into strategic extensions of exchange liquidity?
AMBCrypto•Gladys Makena4 Sept
Uniswap Labs has purchased PONS, the token of a Robinhood Chain launchpad generating $5.95 million in daily fees, as PONS climbed to a new all-time high above $0.52. Pons said Thursday that Uniswap Labs had “purchased $PONS for long-term alignment,”…
Pons said Uniswap Labs purchased its token "for long-term alignment" four weeks after Uniswap Labs put a rival launchpad on Robinhood Chain. Neither company disclosed the size of the purchase, the price paid, or the wallet holding it.
The Defiant•The Defiant Team3 Sept
TradePools said test tokens built while developing Pools no longer send creator fees to Uniswap Labs, with past and future fees redirected to an ETH-for-burn mechanism.
The Defiant•The Defiant Team13 Aug
Pools opened four and a half hours behind its own countdown. Uniswap Labs claims the product and disclaims every token on it, including FRONG, the frog memecoin named after its teaser video that leads the platform at a $12.1 million valuation.
The Defiant•The Defiant Team5 Aug
Activating protocol fees on Uniswap v4 pools could enhance UNI token value through increased burns, but may impact liquidity provider returns.
CryptoBriefing•Editorial Team10 Jul
The digital cooperative governing Uniswap, the biggest decentralised exchange, is voting on a proposal to take back some $42 million worth of governance tokens from delegates. Between 2022 and 2023, Uniswap’s decentralised autonomous organisation, or DAO, loaned out 12.5 million UNI to the nonprofit Uniswap Foundation and several top delegates in a bid to boost governance participation. According to Erin Koen, the proposal’s author and governance lead at Uniswap Labs, the protocol’s governance is now much more active, meaning that the loaned tokens have served their purpose. “Today, Uniswap’s governance environment looks very different,” Koen said. “UNI holders have been actively delegating voting power, and since DUNI was established, passed proposals have averaged roughly 75 million votes in turnout, exceeding quorum by approximately 88%.” DUNI, Uniswap’s Decentralized Unincorporated Nonprofit Association, is a legal entity that recognises onchain governance votes as legally binding and shields DAO members from personal liability for collective decisions. Truly decentralised? The proposal to take back the loaned tokens comes as Uniswap Labs and the Uniswap Foundation work to address criticism that the protocol’s governance system isn’t as decentralised as it appears to be. Critics have previously argued that the Uniswap Foundation holds too much influence. They say it often makes key decisions unilaterally or pushes proposals without sufficient community input. Others lament how much of the decision-making at the DAO happens behind the scenes, and how large token holders and venture capital firms — in Uniswap’s case a16z crypto — dominate voting power, creating circumstances where smaller holders have little real say. The situation has even attracted the attention of US Representatives. Sean Casten, a Democrat from Illinois, questioned Uniswap DAO’s decentralisation during a hearing regarding the Clarity Act in June. Misalignment issue In response, Uniswap Labs and the Uniswap Foundation authored a proposal aiming to align incentives across Uniswap Labs, the Foundation, and the DAO, which passed a DAO vote in December. Its main objectives are to add fees to the Uniswap protocol and use the proceeds to buy UNI tokens and remove them from circulation, accelerate protocol growth, and to merge the Uniswap Labs and the Foundation, among other things. That, in addition to other changes, such as setting up a legal entity for the DAO, incentivising governance participation, and reforming governance processes are all aimed at increasing governance decentralisation. There are now 56 delegates with greater than 1 million UNI of voting power, according to data compiled by Snapshot, a DAO voting platform. Taking back the loaned governance tokens also resolves a potential incentive misalignment, Koen said. When the tokens were distributed, the Uniswap community selected delegates based on their participation in governance. However, it didn’t ensure alignment between delegates’ voting power and economic exposure. In other words, delegates with little of their own skin in the game could potentially command an outsized amount of voting power in the DAO. “The potential for this misalignment should not persist indefinitely when the original reason for implementing it is no longer a concern,” Koen said. The vote to return the governance tokens to the DAO ends on May 8. So far, 53% of votes have been cast in favour, 46% voting to abstain, and a negligible amount against the proposal. Tim Craig is DL News’ Edinburgh-based DeFi Correspondent. Reach out with tips at tim@dlnews.com .