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Uniswap Labs announces mainnet launch for L2 network Unichain

  • Uniswap Labs has rolled out the mainnet of its layer-2 network Unichain.
  • The launch comes nearly four months after Uniswap’s unveiling of the EVM-compatible L2.
  • Day 1 launch partners include Coinbase and Circle.

Uniswap has announced the mainnet launch of Unichain, the decentralized Superchain layer 2 network.

The Uniswap Labs team revealed the roll out of the mainnet for the Ethereum-compatible L2 on Feb. 11.

Unichain goes live nearly four months after Unichain’s unveiling in October 2024. The platform has undergone rigorous testing in the period since, with over 95 million transactions and more than 14.7 million smart contracts deployed on testnet.

Unichain mainnet also launches with almost 100 crypto products on-chain, including by  Coinbase, Uniswap, Circle, Lido, and Morpho. The platform expects more products and protocols to go live on the network startng today.

Commenting on the launch, Uniswap Labs chief executive officer Hayden Adams said:

“Unichain is the next big step ‒ an L2 designed for DeFi. Launching as a stage 1 rollup with 1 second blocktimes, it only gets better from here. In the months and years to come, we will be launching many new improvements to accelerate blockchain scaling.”

Adams shared the comments via a post on X.

Uniswap’s v4 went live in late January, adding to the improvements delivered in v2 and v3.

The latest upgrade brought the highest level of customizability and lowest costs. Uniswap v4 is live on Ethereum, Base, BNB Chain, Polygon, Arbitrum, Zora Network, OP Mainnet,Blast, and World Chain and Avalanche.

The post Uniswap Labs announces mainnet launch for L2 network Unichain appeared first on CoinJournal.

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TON integrates with interoperability protocol LayerZero

  • TON has patnered with LayerZero, tapping the protocol for interoperability.
  • Integration will boost TON’s cross-chain ecosystem.

The Open Network (TON) has announced integration with the interoperability protocol LayerZero aimed at enhancing its crosschain asset transfers.

The TON network integration primary goal is to scale cross chain transfer to at least 100 blockchains. Among the chains to be connected include Ethereum, Tron, Solana  and many more.

The integration will make TON deal with the liquidity limitations and limited access to other chain networks. Users will  have access to some of the major crypto assets offered  on  a wide range of blockchain through the LayerZero protocol.

TON and LayerZero integration

According to a press release, the major partners behind the integration include USDT, stablecoin Ethena and the cross-chain bridge Stargate.

The integration will allow users to have a luxury of seamless transfer of their USDT tokens from Ethereum blockchain, Tron and the other connected chains to the TON blockchain. LayerZero-based cross-chain bridge platform Stargate will provide an entry point for crypto traders to bridge their crypto assets.

Integration also opens more networks to TON, enhancing interoperability and also connect widely to other networks.

According to a press release, “TON is now able to deliver sustainable liquidity and improve accessibility to its ecosystem, setting the stage for widespread adoption.

TON Foundation has made other major cross-chain integrations in the past to make its user access  USDT on  TON. This new development is an acceleration to have its ecosystem and Toncoin, on multiple blockchains among them Bitcoin.

Among the foundation’s past cross-chain projects is the TON Apllication Chain that is used to build applications within Ethereum Virtual Machine on TON.

We believe this integration marks a significant step forward for TON when it comes to uniting ecosystems and bringing greater interoperability to the broader crypto ecosystem,” Max Pertsovskiy, TON Foundation’s Chief Operating Officer, said.

The post TON integrates with interoperability protocol LayerZero appeared first on CoinJournal.