Tag: UNI
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Uniswap (UNI) and Aave (AAVE) at Risk of Short Squeeze as Market Sentiment Shifts
Short Squeeze Alert for Uniswap (UNI) In the 12-hour time frame, UNI has recorded $39.14 million in short positions compared to $32.83 million in long positions, accounting for 54.39% of the former. However, the 24-hour period is where UNI’s significance becomes more evident, with $113.58 million in shorts (52.77%) open. Given its current liquidity, a […]
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Community members of Uniswap (UNI) vote to launch the Ethereum-based DEX on the BNB Chain.
The decentralized exchange (DEX) Uniswap (UNI) community has decided to launch the cryptocurrency project on Binance’s blockchain, BNB Chain. The decentralized autonomous organization (DAO) of Uniswap voted 66% in favor of implementing the Ethereum (ETH)-based DEX onto the BNB Chain in a fresh proposal. Despite just 8.4% of the population voting, the statistics shows that […]
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Uniswap is poised to maintain its position as the top DEX; the public is in favor of it.
With the deployment, the DEX will get access to the substantial user base of BNB Chain. Community members have accepted the implementation of Uniswap v3 on the BNB Chain, with Wormhole acting as the cross-chain bridge for the latest version of the platform, despite criticism from its major backer Andreessen Horowitz (a16z). Together, these addresses […]
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Uniswap V3 Deployment to BNB Chain Approved Despite a16z Opposition
Deployment of Uniswap V3 by Majority Vote Adopted The Motion Is Adopted The deployment of Uniswap V3 (UNI) to BNB Chain (BNB) was opposed by Andreessen Horowitz (a16z), which used its 15 million votes on February 6; however, the proposal was accepted on February 10 with 65.89% of the vote in favor. According to the […]
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Uniswap DAO Votes in Favor of Major Change: Unveiling the Future of Decentralized Trading
Referendum on Uniswap Ends with a Majority Vote The referendum on the Uniswap DAO is over, and the results are in. A astounding 66% of the DAO delegates voted in favor of the modification that was implemented on Friday, according to the site that tallied the results. Important Players Comment on the Vote The motion […]
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Uniswap UNI Token Holders Approve Move to Binance BNB Chain: A16z and ConsenSys Cast Their Votes
Move to Binance Chain Approved by Uniswap Governance 80% of Uniswap’s UNI governance token owners have voted in favor of moving the decentralized exchange to the Binance Chain, an Ethereum rival. The Concern of A16z with the Proposal A venture investor from California named Andreessen Horowitz (a16z), who cast 15 million UNI votes against the […]