20 May 2020

Uniswap launches V2 on mainnet

Uniswap, a leading decentralized exchange, announced it has deployed the long-awaited second version of the protocol to mainnet. V2 includes a number of technical improvements including ERC20/ERC20 swaps, enhanced price oracles, adjustable protocol fees, and flash swaps. The team has set up a migration portal to move liquidity from v1 to v2 as well as an updated interface to get started with the new version which already has $5 million in liquidity and $1.3 million in trading volume over the last 24 hours.

Why it matters - The protocol fee is the one upgrade that will not have an immediate impact as it is set to zero and won’t change for the foreseeable future. However, it has significant ramifications for the sustainability of the protocol as it provides a means for longer-term funding. It also hints at a decentralized governance process in the future that could include the introduction of a token to facilitate these changes similar to Compound’s recently launched governance token. - V2 provides a number of upgrades that enhance the user experience and should grow the total liquidity and volume of one of the leading decentralized exchanges. This comes at a time when a number of other DEXs have major protocol upgrades including Kyber's Katalyst and IDEX 2.0

The Kin engineering team has submitted a proposal to migrate Kin from its current Stellar-based chain over to Solana. Kik Iterative Inc., the creators of the Kin cryptoasset, said that Stellar’s five-second block times and limited metadata space within transactions were unsuitable for Kin’s user exp...
Crypto exchanges Bittrex and Binance have (reluctantly) agreed to support Steem hard fork 0.23, which seized the assets from 64 former witnesses (totaling 23.6 million STEEM). These witnesses reportedly led the creation of Steem’s contentious clone, Hive, back in March and blocked current Steem supp...
25 May 2020
3 coins to keep an eye on | Issue #79
Inside last week's 13% range, three bearish daily candles were able to take the price 10% lower to close the week at $8,715. This level is approximately the same as the previous week's close. Will it hold as support? Meanwhile, the altcoin marketcap has been relatively stable, with the week's starting and ending price hove...

3 coins to keep an eye on 👀