Saturday, January 28, 2023
Home Latest News Bitcoin News Uniswap: Interface To Helps Ukraine's Donation

Uniswap: Interface To Helps Ukraine’s Donation

Uniswap team uncover their plan in order to help Ukraine.

They build the interface to everyone who wants to donate in simply way, just in one click.

This interface made for everyone who holds ERC-20 tokens, but still have desire to donate.

On Tuesday, decentralized exchange Uniswap launched an interface that directly converts ERC-20 tokens.

Such as Aave, Chainlink’s LINK and Decentraland’s MANA — to Ether or ETH.

Then the coins will automatically send to the official crypto wallet addresses of the Ukrainian government.

It is all in only a single transaction, simpler for anyone.

Source: Twitter.com/Uniswap

Moreover, Uniswap claims that the address that share from Ukraine located on a centralized exchange and only accepts Ether and Tether (USDT).

Therefore, the feature simplifies the donation process for anyone who holds ERC-20 tokens on Uniswap’s list then want to donate by connecting their wallet to the DEX.

In a tweet cited by the Uniswap team, some members in the crypto community express concern about the keys to these wallets are held by a centralized Ukrainian exchange.

Other than that, they also ask for more secure custody approach.

Previously, Polkadot’s DOT already give a support to Ukraine.

Gavin Wood the Polkadot’s founder, personally donated $5.8 million in DOT to the newly supported address.

The blockchain community always cover and help Ukraine resist an ongoing war.

Not only donation that Ukraine gets but also other efforts from many sides.

Such as nonfungible tokens drops to support Ukrainian artists and Ukraine DAO have also gained traction these time.

- Advertisment -

Most Popular

DTI: There Is No Exact Rules Of Crypto

DTI or The Philippine Department of Trade and Industry waved off a Binance ban proposal, Due to the lack of regulatory stance on cryptocurrencies from...

ATM Installations Of Crypto Will Dominated By U.S.

ATM Installations Of Crypto Will Dominates By U.S. U.S. dominates crypto due to China our from the competition The US picked up the slack to become...

Indian Taxes Increase, Companies Decrease Amount Of Employee

Indian taxes increase! India's new cryptocurrency tax has dealt a heavy blow to the crypto exchanges in the country, A moment ago, an announcement related to...

Riot Blockchain Moves Their Miner To Texas

Riot Blockchain the Crypto mining firm start relocating their rigs Moving from its New York data facility, With the majority intended to end up in central...

Bitmex Banned Russians From Their Platforms

BitMEX is major cryptocurrency exchange It aims to increase compliance with the European sanctions against Russia By preparing to enforce major restrictions for its Russian users. Then...

ECB Officials Will Consider Newest Crypto Law

ECB officials will get ready for crypto growth As crypto grown so fast, Many countries started to prepare anything related to the digital assets Regulators from 19...

Rumors KuCoin Bankrupt, CEO Gives A Statement

KuCoin is a crypto exchange that used by many users these few times As we know that the line's condition these days shows not really...

U.S. Lawmakers: There Is Inequality In Crypto Industry

U.S. Lawmakers seeing a problem A problem in crypto industry development According to some U.S. lawmakers in the House Financial Services Committee, The lack of diversity in...

Grayscale Investments File Disapproved, CEO Disappointed

Grayscale Investments launched a legal challenge It against the Securities and Exchange Commission (SEC) Previously, they are denied to convert their application From Grayscale Bitcoin Trust (GBTC) Into...