March 3, 2022 – Singapore, Singapore
UTrade V2, an upgraded trading platform for the Unifi protocol, is coming to TRONDAO. Launching uTrade V2 at TRON DAO is an essential step in bridging TRON DAO with multiple blockchains into one large DeFi marketplace managed by the community through UNFI tokens.
The Unifi Protocol is at the forefront of Web3.0 technology with multiple innovative products that facilitate interoperability across multiple blockchains. Unifi Protocol products run on nine other blockchains, including Ethereum, Avalanche, BNB chains, BitTorrent chains and more.
The combination of trading (uTrade) and staking (uStake) on the selected chain is just a click away. The Unifi team is constantly working behind the scenes to develop exciting new outcomes that solve many of the problems retailers and institutional participants face in the Web 3.0 space.
Justin Sun, the founder of TRON, said:
“The future isn’t far from where decentralized storage, decentralized applications, digital assets, and crypto wallets are prevalent. As we step into the more interconnected cross-chain future with Web 3.0, the Unifi protocol. It’s exciting to see continuous innovation from long-term TRON developers like. “
The long-standing relationship between Unifi Protocol and TRONDAO dates back to 2018. The team behind UnifiProtocol (then Sesameseed) created the first ever TRC10 token on the TRON blockchain. Like-minded people gathered around the vision of participating in a decentralized community, making Sesame seed the number one “super presentative” for almost a year.
The resulting community created an unstoppable team of volunteers, brought a range of groundbreaking products to market, and finally launched uTrade first in 2020. The legacy of advanced innovation is the foundation of the leading-edge growth company Unifi Protocol. State-of-the-art Web 3.0 technology.
Juliun Brabon, CEO and co-founder of Unifi Protocol, added:
“Our goals for a decentralized future were so well aligned that we established ourselves at TRON over four years ago. From the entry of” Super Representative “to the past, multi-chain bridges and backs. We have not stopped development on networks, which is a pioneering concept such as tokens. The TRON ecosystem is thriving and the perfect environment for exciting innovation. “
The TRON network offers high throughput and high scalability, delivering a total value lock (TVL) of over $ 8 billion.
With the upcoming integration of uTrade V2 and all its features, TRONDAO will further improve its DeFi capabilities.
Features of uTrade V2 on TRON network
Testing of uTrade V2 on the TRON network has been completed and the trading platform is set to run in the coming weeks. At startup, users will be able to seamlessly connect to their Tronlink wallet. All transaction fees collected are in TRX and are used to assist uTrade’s reward token UP.
uTrade V2’s upgraded smart contracts introduce many new features along with what users may be more familiar with using other trading platforms.
These include:
- Token routing
- User-added list
- Addition of one-sided liquidity
- Developer-friendly, customizable smart contracts for launching new tokens and projects
For more information on uTrade V2 and other Unifi Protocol ecosystems, see our recent blog post.
About Unifi Protocol
Unifi Protocol creates innovative and easy-to-understand solutions for Web3.0 applications. Since 2018, the Unifi team has started as a volunteer team with a vision of a decentralized future and has brought groundbreaking blockchain products to market. This legacy of advanced innovation is the foundation of the Unifi Protocol, a company that is now at the forefront of Web3.0 technology.
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About TRONDAO
TRON is dedicated to accelerating the decentralization of the Internet through blockchain technology and decentralized applications (DApps). Founded by HE Must in Sun in September 2017, the TRON network has been producing remarkable results since the launch of the mainnet in May 2018. July 2018 also demonstrated the ecosystem integration of BitTorrent, a pioneer of decentralized services with approximately 100 million monthly active users.
The TRON network has gained incredible momentum in recent years, with over 79 million users on the blockchain, over 2.8 billion transactions, and a total value of over $ 8 billion locked. .. In addition, TRON overtook USDT in Ethereum in April 2021 to host the largest circulating supply of USD Tether stablecoins in the world. The TRON network completed full decentralization in December 2021 and is now a purely community controlled DAO.
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contact address
Steve Green, Unifi Protocol
Alexis Schreiber, TRON
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