What To Watch For As Uniswap Launches V3 On Wednesday

What To Watch For As Uniswap Launches V3 On Wednesday

Uniswap (CRYPTO: UNI) is the largest decentralized exchange built on the Ethereum (CRYPTO: ETH) blockchain. The exchange allows users to swap cryptocurrencies without creating an account.

The company is scheduled to launch “Uniswap v3” on the Ethereum mainnet on Wednesday. Uniswap v3 is the newest version of the exchange and introduces concentrated liquidity and multiple-tier fees. Uniswap states the new features will make the exchange “the most flexible and efficient automated market maker ever designed” making gas fees cheaper on Ethereum transactions.

Uniswap was up 1.85% at $43.06 at the last check.

Below is a technical analysis of …

Full story available on Benzinga.com