The app chain promises faster and cheaper transactions and cross-chain interoperability, according to Uniswap.
Uniswap, the most popular decentralized exchange (DEX), has launched its own application-specific layer-2 blockchain network, Unichain, developer Uniswap Labs announced on Oct. 10.
The app chain, which is still on testnet, promises to deliver faster and cheaper transactions and enhanced interoperability across blockchain networks, Uniswap said.
“Unichain will deliver the speed and cost savings already enabled by L2s, but with better access to liquidity across chains and more decentralization,” Hayden Adams, Uniswap Labs’ CEO, said in a statement.
