Uniswap Labs, the main developer behind one of the largest decentralized exchanges (Dex), Uniswap, shared on Tuesday that its long -awaited layer 2, Unichain, is now live.
Promoted by Optimism’s Op Stack, Unichain, like other layers 2 in Ethereum, it offers faster and faster transactions compared to Ethereum’s principal. Developers can implement applications on the network, which has been specifically optimized for decentralized finances (DEFI) and aims to serve as “the liquidity home in all chains,” according to Uniswap Labs.
For Uniswap Labs, the benefit of launching a layer 2 is double: it will provide a better experience for UNISWAP users and similar platforms, and create a new income opportunity in the form of network rates. A UNISWAP Labs representative told Coindesk that “about 20%” of the chain revenues will go directly to the company.
Unichain has been in evidence since October 2024 and is classified by Uniswap Labs as a curled up “stage 1”, which means it has elements of decentralization, but retains some safeguards controlled centrally in this early phase.
The network is based on the OP Pila, a modular frame that allows developers to build interoperable layers of layer 2 based on optimistic optimistic technology of optimism. Several known teams have come out with their own OP Stack, including the ‘base’ of Coinbase, ‘Ink Kraken’, ‘World Chain’ and ‘Soneium’ of Sony.
What makes Unichain different?
Dozens of layers of layers 2 have appeared in recent years, and the co -founder of UNISWAP, Hayden Adams, believes that most of them will be used for specific use cases instead of serving as chains of general use blocks. “We are anticipating a world of many, many different cases, of which trade is a small subset,” Adams to Coindesk told an interview.
In collaboration with the research and development firm of Ethereum Flashbots, the UNISWAP team said it has created a confidence execution environment (TEE) in Unichain. The TEE is a safe area for more sensitive transactions and is intended to optimize the defi chain allowing more advanced operations and a faster transactions purpose.
“Essentially, we want Unichain to be a chain that is good for the creation of liquidity, good for trade, that is good for the applications that must be located with them and then good for applications that essentially want access to liquidity but that They should not be co -locked, ”said Adams.
Building optimism
As part of its integration with the “Superchain” ecosystem of Optimism, Uniswap Labs has agreed Consortium of people and companies that Steward Optimism Roll Technology. Many of the chains in the optimism superchain ecosystem have agreed similar configurations, including Coinbase and Kraken.
In exchange for based on optimism, both Coinbase and Kraken received subsidies from the Optimism Optimism governance tokens, which controls a Treasure of Tokens aimed at helping to cultivate the ecosystem. Coinbase agreed to receive up to 118 million OP tokens, while Kraken agreed 25 million. Uniswap Labs refused to comment if he had his own deal with the Optimism Foundation.
Before the launch of Unichain Mainnet, Uniswap Labs announced that 65% of the net revenues of the chain will go to the Unichain validation network, a group of validators and stakers that ensure the block chain.
UVN will act as “another layer of transparency and validation of the network,” Adams said.
“Part of the singularity about us as a project that has always been decentralized first, is that we are actually reducing the role and power of the sequencer in relation to other things that are executing more centralized sequencers,” Adams added.
Read more: Uniswap Developer presents the Capa 2, Unichain Network, based on optimism technology
