{"id":12225,"date":"2024-04-02T19:28:00","date_gmt":"2024-04-02T16:28:00","guid":{"rendered":"https:\/\/forklog.com\/en\/uniswap-integrates-blast-layer-2-solution\/"},"modified":"2024-04-02T19:28:00","modified_gmt":"2024-04-02T16:28:00","slug":"uniswap-integrates-blast-layer-2-solution","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/uniswap-integrates-blast-layer-2-solution\/","title":{"rendered":"Uniswap Integrates Blast Layer 2 Solution"},"content":{"rendered":"<p>The Uniswap Labs team has deployed the eponymous protocol on the Blast Layer 2 solution.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Ready for takeoff<\/p>\n<p>Uniswap is now live on Blast? <a href=\"https:\/\/t.co\/uukRWHnY8K\">pic.twitter.com\/uukRWHnY8K<\/a><\/p>\n<p>\u2014 Uniswap Labs ? (@Uniswap) <a href=\"https:\/\/twitter.com\/Uniswap\/status\/1775174375089578410?ref_src=twsrc%5Etfw\">April 2, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cWith this launch, Uniswap users can for the first time earn native income from their LP positions thanks to Blast&#8217;s rebalancing functionality,\u201d stated <a href=\"https:\/\/blog.uniswap.org\/blast-is-now-live-on-uniswap\">the project&#8217;s blog<\/a>.<\/cite><\/p><\/blockquote>\n<p>Support for the L2 solution will soon be available in the mobile application of the <span data-descr=\"decentralized\/non-custodial exchange\" class=\"old_tooltip\">DEX<\/span>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cLiquidity providers in pools with <span data-descr=\"A stablecoin operating on the Blast platform. It allows earning income in USDB similar to interest on a deposit.\" class=\"old_tooltip\">USDB<\/span> or WETH tokens can earn native income (as if they stored these coins in a Blast wallet),\u201d the developers emphasized.<\/cite><\/p><\/blockquote>\n<p>According to them, such functionality is supported only in the second version of the exchange. Uniswap v3 users do not have access to \u201cnative income\u201d due to the technical implementation specifics of concentrated liquidity.<\/p>\n<p>The <span data-descr=\"total value of assets locked in the smart contracts of decentralized applications\" class=\"old_tooltip\">TVL<\/span> of the leading DEX, considering 15 supported networks, exceeds $5.8 billion, according to <a href=\"https:\/\/defillama.com\/protocols\/Dexes\">DeFi Llama<\/a>.<\/p>\n<p>Blast is an <span data-descr=\"Ethereum Virtual Machine\" class=\"old_tooltip\">EVM<\/span>-compatible scaling protocol utilizing Optimistic Rollups. The platform offers a passive income of 4-5% per annum.<\/p>\n<p>The project was launched in November 2023 by the founder of the NFT marketplace Blur under the pseudonym Pacman. Initially, the protocol did not even have a test network and offered users to deposit coins via a bridge.\u00a0<\/p>\n<p>At the time of writing, the ecosystem&#8217;s TVL stands at $1.27 billion. Blast ranks sixth in the <a href=\"https:\/\/defillama.com\/chains\" title=\"DeFi Llama ranking\">DeFi Llama ranking<\/a>. <\/p>\n<p>The Blast mainnet launch <a href=\"https:\/\/forklog.com\/en\/news\/blast-developers-announce-mainnet-launch-date\">took place on February 29<\/a>. Shortly thereafter, users <a href=\"https:\/\/forklog.com\/en\/news\/blast-mainnet-launch-sees-1-3-billion-withdrawn-by-users\">withdrew<\/a> $1.3 billion from the protocol.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Uniswap Labs team has deployed the eponymous protocol on the Blast Layer 2 solution.<\/p>\n","protected":false},"author":1,"featured_media":12224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1270,787,1391],"class_list":["post-12225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blast","tag-dex","tag-uniswap-uni"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=12225"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/12224"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=12225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=12225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=12225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}