Uniswap and Across propose new Ethereum token standard to tackle liquidity fragmentation – CryptoSlate
Uniswap and Across have come together to introduce a new Ethereum token standard aimed at addressing liquidity fragmentation. This new standard is designed to simplify the process of token trading on the Ethereum blockchain.
The collaboration between Uniswap and Across is a significant step towards improving liquidity in the decentralized finance (DeFi) space. By implementing this new token standard, users will have a more seamless experience when trading tokens on the Ethereum network.
Liquidity fragmentation has been a common issue in the DeFi ecosystem, making it difficult for users to easily swap tokens. With this new standard, Uniswap and Across are working towards creating a more unified and efficient trading experience for Ethereum users.
Overall, this partnership highlights the ongoing efforts within the DeFi community to enhance the usability and accessibility of decentralized finance platforms. The new Ethereum token standard proposed by Uniswap and Across is a promising development that has the potential to drive further innovation in the DeFi space.