Uniswap launches a chain, will UNI gain power?

Uniswap Labs has released Unichain, a major product development after V4 and UniswapX. Unichain is an Optimism super chain based on the OP Stack, designed to expand the roadmap for cross-chain DeFi and Ethereum. The Unichain testnet is live, with the mainnet launching later this year. The Uniswap Foundation will provide funding and project support to help developers develop on Unichain. Unichain uses the OP Stack super chain as the basic environment, combined with the Intent Bridge, to promote the seamless flow of liquidity between chains and provide users with fast, cheap, and extensive liquidity access. Unichain can reduce users’ transaction costs by about 95% in the short term. UNI does have real use cases in Unichain, as it is used as a pledge token to become a validator in UVN (Unichain Validator Network).

Source: Unichain official website

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