Uniswap V4 is officially launched

Panews News on January 31. According to the official UNISWAP news, Uniswap V4 is now online and became the latest version of the Uniswap protocol. After hundreds of community members' code contributions, nine independent audit, the largest security competition in history, and $ 15.5 million vulnerability bounty, Uniswap V4 is now enabled in multiple chains such as Ethereum, Polygon, Arbitrum. This update makes the agreement a highly customized developer platform. Through the "HOOKS" plug -in, developers can customize logic for the functions of flow pools, exchange, and handling fees.

According to the data, Uniswap V4 provides lower trading costs. The cost of new pond creation is 99.99%lower than the previous version, and support ETH transactions pairs, which significantly saves GAS fees. At the same time, there is no key security loophole in this version, and all code is made public. The community contributes and audit. Liquidity providers can be migrated to V4 through the UNISWAP application, and the exchange process of traders will also automatically pass through the V4 liquidity pool.