Uniswap discussion

[FP91G]

n the latest sign of the rapid convergence of Wall Street and crypto, the world’s biggest asset manager is moving into decentralized finance or DeFi. BlackRock on Wednesday revealed it will be bringing its Treasury-backed digital token BUIDL onto Uniswap, a leading DeFi platform, where it will be bought and sold by institutional traders. As part of the tie-up, BlackRock is also purchasing an undisclosed amount of Uniswap’s own UNI token.
Link
The new arrangement, which is being undertaken with tokenization firm Securitize, is a significant milestone for the DeFi sector, which many view as one of the most useful applications in crypto. Unlike traditional trading, which relies on centralized intermediaries to record and settle trades, platforms like Uniswap rely on smart contracts to match buyers and sellers via liquidity pools and automated market makers. Currently, there is around $100 billion worth of capital sitting on DeFi platforms.

[Abiky]

n the latest sign of the rapid convergence of Wall Street and crypto, the world’s biggest asset manager is moving into decentralized finance or DeFi. BlackRock on Wednesday revealed it will be bringing its Treasury-backed digital token BUIDL onto Uniswap, a leading DeFi platform, where it will be bought and sold by institutional traders. As part of the tie-up, BlackRock is also purchasing an undisclosed amount of Uniswap’s own UNI token.
Link
The new arrangement, which is being undertaken with tokenization firm Securitize, is a significant milestone for the DeFi sector, which many view as one of the most useful applications in crypto. Unlike traditional trading, which relies on centralized intermediaries to record and settle trades, platforms like Uniswap rely on smart contracts to match buyers and sellers via liquidity pools and automated market makers. Currently, there is around $100 billion worth of capital sitting on DeFi platforms.

Good news. But UNI is still below the ATH price. Not even a "bullish" market has been any help. Not sure how would "Wall Street" getting involved into Uniswap be any benefit to its decentralization. I mean, institutionalization of the protocol will eventually lead to tighter regulations. Besides, there have been cases in the past where Uniswap Labs "blacklisted" certain addresses from using the Uniswap exchange. I think this had something to do with the OFAC sanctioned addresses by the US. This is censorship at its finest. I guess that explains the low market sentiment for the UNI token. We'll see what the future will bring.

[TastyChillySauce00]

n the latest sign of the rapid convergence of Wall Street and crypto, the world’s biggest asset manager is moving into decentralized finance or DeFi. BlackRock on Wednesday revealed it will be bringing its Treasury-backed digital token BUIDL onto Uniswap, a leading DeFi platform, where it will be bought and sold by institutional traders. As part of the tie-up, BlackRock is also purchasing an undisclosed amount of Uniswap’s own UNI token.
Link
The new arrangement, which is being undertaken with tokenization firm Securitize, is a significant milestone for the DeFi sector, which many view as one of the most useful applications in crypto. Unlike traditional trading, which relies on centralized intermediaries to record and settle trades, platforms like Uniswap rely on smart contracts to match buyers and sellers via liquidity pools and automated market makers. Currently, there is around $100 billion worth of capital sitting on DeFi platforms.

This is genuinely good news for Uniswap but why after a sudden massive surge in the chart the price goes back down again though?



I was expecting more impact with the news about UNI being bought by black rock and BUIDL integration to Uniswap since it's not a simple thing but nothing happens.