UNISWAP Labs, the main developer behind one of the greatest decentralized exchanges (DEX), UNISWAP, shared Tuesday that its long -awaited, Unichain layer 2 network is now live.
Propelled by the OP OP battery, Unichain – like the other Lays -2 Sur Ethereum – offer faster and cheaper transactions compared to Ethereum Mainnet. Developers can deploy applications on the network, which has been specifically optimized for decentralized finance (DEFI) and aims to serve as a “liquidity house between the channels”, according to Uniswap Labs.
For Laboratoires Uniswap, the advantage of launching a layer-2 is twofold: it will offer better experience to users of Uniswap and similar platforms, and it will create a new income opportunity in the form of network fees. A representative of Uniswap Labs told Coindesk that around “around 20%” of the chain’s income would go directly to the company.
Unichain has been in testing since October 2024 and has been classified by Laboratoires Uniswap as a “Stade-1” Rollup, which means that it has elements of decentralization but retains certain controlled guarantees centralized in this early phase.
The network is built on the OP battery, a modular frame which allows developers to build interoperable-2-2-2 chains based on optimistic rolling technology. Several well-known teams have released their own Layer-2 based on Op Stack, including the “base” of Coinbase, “Ink” by Kraken “World Chain”, and “Soneium” by Sony.
What makes Unichain different?
Dozens of layer 2 channels have appeared in recent years, and the co-founder of Uniswap, Hayden Adams, believes that most of them will ultimately be used for specific use cases rather than serving as Blockchains for general use. “We plan a world of many different use cases, whose trading is a small subset,” Adams told Coindesk in an interview.
In collaboration with Ethereum Research and Development Firm Flashbots, the United team said they had created a trusted execution environment (TEE) on Unichain. The TEE is a secure area for more sensitive transactions and aims to optimize the chain for DEFI by allowing more advanced transactions and a faster transaction purpose.
“Essentially, we want Unichain to be a chain that is good for the creation of liquidity, good for trading, good for applications that must be colocated with them, then well for applications that essentially want access to liquidity but should not Not to be co -installed, ”said Adams.
Rely on optimism
As part of its integration with the “Superchain” ecosystem of optimism, Uniswap Labs agreed to give 2.5% of UNICHAIN’s raw income – or 15% of Unichain’s net income, according to the largest – At the collective of optimism, a consortium of people and businesses who relax the Rollup Tech standard from Optimism. Many chains of the superchain optimism ecosystem have agreed with similar configurations, including Coinbase and Kraken.
In exchange for relying on optimism, Coinbase and Kraken have received subsidies from OP governance tokens of the optimism Foundation, which controls a treasure of tokens reserved to help develop the ecosystem. Coinbase agreed to receive up to 118 million OP tokens, while Kraken accepted 25 million. Uniswap Labs refused to comment if he had his own agreement with the Optimism Foundation.
Before the launch of Unichain, Uniswap Labs announced that 65% of the chain’s net income will go to the Unichain Validation Network – a group of validators and stakers securing the blockchain.
UVN will act as “another layer of transparency and validation of the network,” said Adams.
“A part of the unique character in us as a project that has always been decentralized first, is that we actually reduce the role and power of the sequencer in relation to other things that perform more centralized sequencers”, added Adams.
Read more: Uniswap Developer unveils its own Layer-2 network, Unichain, built on Tech optimism
