Uniswap Increases Multi-Chain Presence by Deploying on OKX-Sponsored X Layer
Key Takeaways:Strategic Integration into the OKX EcosystemInvesting in Native Assets and BridgingSimplified Asset TransfersStandards of Liquidity Provision and SecurityProgressing on the Phase Two of the DeFi Rollup
This step is the fundamental part of what the OKX management termed as phase two of their decentralized finance strategy. The initial stage was concerned with X Layer mainnet initial launch and the provision of technical basis. It is now oriented towards the onboarding of blue-chip DeFi protocols that have the potential to generate volume and utility of the OKB token, which is the native asset of gas charges on the network.
Placing Uniswap as the choice of decentralized exchange on the chain, the OKX is actually closing the divide between its 50 million centralized exchange clients and the self-custodial trading sphere. The fact that institutional trading tools are available on a low-cost network implies the exchange is aiming at a wide group of market participants, including the casual swappers and the high-frequency trading companies.
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