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Uniswap introduces wallet extension, other tools for smarter swaps

source-logo  invezz.com 27 February 2024 15:52, UTC

Uniswap has announced three new tools intended to offer smarter crypto swaps for users.

The tools include the Uniswap Extension, Limit Orders and Data & Insights, the decentralized exchange (DEX) platform outlined in an announcement on Tuesday.

Uniswap unveils new tools for users

The Uniswap Extension is a wallet extension that will live in a browser’s sidebar. This, according to Uniswap, will make it possible for a user to swap crypto or sign transactions from anywhere, any time.

Users can join a waitlist for the Uniswap Extension and get access within the next four to six weeks. To join, one needs a uni.eth username, which has been available since February 23, 2024.

The uni.eth is a readable username that replaces Ethereum addresses. Users can claim a uni.eth username for free via the Uniswap mobile app.

Introducing the Uniswap Extension 🦄

The first wallet to live in your browser’s sidebar.

No more pop-ups. No more transaction windows.

Waitlist opens today 👇 pic.twitter.com/yNNgiju5zj

— Uniswap Labs 🦄 (@Uniswap) February 27, 2024

Limit Orders will allow users to execute swaps at their predefined price and duration, with this open for up to a year on the Ethereum network. The tool offers automated trade execution, which means traders don’t have to “constantly watch the market.”

Meanwhile, Data & Insights pages include updated charts, token detail pages, pool data and other details. These are connected directly into the web app, and means users can swap, buy, send or place limit orders directly from the given page.

All crypto transaction processes, from a users’ research to trade execution will occur from these pages.

These features “expand the Uniswap product suite”, creating an integrated platform that facilitates for swapping. Tapping into these tools will see users access faster, safer and smarter swaps, the platform noted.

Last week, the price of UNI, Unswap’s native governance token, rallied after the Unswap Foundation submitted a proposal to change platform’s revenue mechanism.

If passed, it will allow protocol fees to be distributed to stakers.

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