Uniswap, the decentralized exchange, is planning to introduce a web extension for its native wallet. This extension will allow users to perform various actions, such as sending, receiving, buying, and swapping tokens and altcoins, directly from their web browsers. Uniswap made this announcement on the 27th of February, revealing that a waitlist is available for users who have claimed a uni.eth username. The new wallet extension is similar to popular self-custody wallets like MetaMask. It aims to provide a seamless user experience by eliminating pop-ups and transaction windows.
๐ **Web Extension For Native Wallet**
Uniswap has unveiled its plans to launch a web extension for its native wallet. Users can look forward to the following features:
โ The wallet extension will be the first of its kind to reside in the browserโs sidebar.
โ No more annoying pop-ups or separate transaction windows.
โ A waitlist is already open for users who have claimed a uni.eth username.
๐ Uniswap intends to make it convenient for users to interact with their wallets and perform various actions directly from their web browsers.
The eth.uni domain is established based on the Ethereum Name Service (ENS). This enables users to convert their 0x addresses into usernames. Since the 25th of February, over 100,000 uni.eth subdomains have already been claimed.
๐ **New Proposal**
The UNI tokenโs value has experienced a surge thanks to a proposal put forth by the Uniswap Foundation. The proposal aims to upgrade the protocolโs governance system. Erin Koen, the governance lead of the Uniswap Foundation, submitted the proposal. According to the proposal, UNI token holders who have staked and delegated their tokens will be rewarded.
๐ The proposal seeks to enhance the governance system of Uniswap, maintain the exchangeโs immutability, optimize security, and preserve its ability to experiment in the future.
Erin Koen further stated that the proposal would remove the risk of bugs being introduced and user funds being hacked in the future. The proposal aims to prioritize the future security of stakers by eliminating the setOwner function, which has been responsible for bugs in other protocols.
๐ **Uniswap v4 Launch Date**
The Uniswap Foundation recently revealed the tentative launch date for Uniswap v4. The highly awaited upgrade is scheduled to launch in Q3 2024. The announcement came after the scheduling of the Dencun launch on Mainnet in March 2024.
๐ Uniswap v4 is generating significant momentum, with the community showing great interest. The latest version will introduce numerous features, including community-built Hooks, events, and Twitter Spaces.
๐ฅ๐ **Hot Take: Uniswap Enhances User Experience**
Uniswapโs plan to launch a web extension for its native wallet is an exciting development that will greatly improve the user experience. By eliminating pop-ups and transaction windows, users will be able to seamlessly send, receive, buy, and swap tokens and altcoins directly from their web browsers. The waitlist for users who have claimed a uni.eth username indicates the high demand for this extension. Moreover, the proposal to upgrade the protocolโs governance system and reward staked and delegated UNI token holders demonstrates Uniswapโs commitment to its user community. With the upcoming launch of Uniswap v4, the momentum is building, and crypto enthusiasts can look forward to an enhanced decentralized exchange experience.
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