Uniswap Expands Reach: Deploys v2 Protocol On Six New Chains Including Arbitrum And Polygon
Summary
Uniswap deploys v2 protocol on six additional chains including Arbitrum, Polygon, Optimism, Base, Binance Smart Chain, and Avalanche to simplify experience for Liquidity Providers and reduce gas costs. The v2 protocol offers a more straightforward approach and is more cost-efficient. Despite UNI token's 4.4% price drop, it has shown significant price increases in the past fourteen and thirty days. Uniswap's ecosystem exhibits substantial growth in market capitalization and total value locked, despite a decline in UNI token trading volume.
