Uniswap (UNI) Integrates ZKsync for Enhanced Trading Experience

Uniswap
(UNI),
a
leading
decentralized
exchange,
has
announced
the
integration
of
ZKsync,
a
Layer
2
scaling
solution,
into
its
platform.
This
development
aims
to
provide
users
with
lower
gas
fees
and
faster
transaction
times,
enhancing
the
overall
trading
experience,
according
to

Uniswap
Protocol.

Enhanced
Performance
with
ZKsync

ZKsync
utilizes
zero-knowledge
proofs
to
scale
on-chain
throughput.
This
technology
allows
for
significant
improvements
in
transaction
speed
and
cost
efficiency
compared
to
the
Ethereum
mainnet.
Users
can
now
take
advantage
of
these
benefits
by
swapping
tokens
and
providing
liquidity
through
the
Uniswap
interface.

To
start
swapping
on
ZKsync,
users
can
navigate
to

app.uniswap.org,
select
the
network
button,
and
choose
ZKsync.
The
process
is
designed
to
be
seamless,
ensuring
that
even
those
new
to
Layer
2
solutions
can
easily
make
the
transition.

Liquidity
Provision
on
ZKsync

In
addition
to
swapping
tokens,
users
can
provide
liquidity
on
ZKsync
using
the
Uniswap
interface.
By
visiting

app.uniswap.org/pool
and
selecting
the
ZKsync
network,
users
can
create
a
new
liquidity
position
by
choosing
their
preferred
token
pair.

This
integration
is
expected
to
attract
more
liquidity
providers
to
the
Uniswap
platform,
as
the
lower
gas
fees
and
faster
transaction
times
on
ZKsync
offer
a
more
efficient
environment
for
liquidity
provision.

Celebratory
Quest
with
Layer3

To
celebrate
the
launch
of
ZKsync
on
Uniswap,
the
platform
has
partnered
with
Layer3
to
offer
a
special
Quest
for
users.
Participants
can
earn
CUBEs
and
XP
by
swapping
tokens
and
providing
liquidity
on
ZKsync
through
the
Uniswap
interface.
More
details
about
the
Quest
can
be
found
on
the
Layer3
website.

The
integration
of
ZKsync
marks
a
significant
step
forward
for
Uniswap
in
its
mission
to
provide
a
more
scalable
and
cost-effective
trading
environment.
As
DeFi
continues
to
evolve,
such
innovations
are
crucial
for
maintaining
user
engagement
and
ensuring
the
long-term
viability
of
decentralized
exchanges.

Image
source:
Shutterstock