CandleFocus

IOTA Excited to Join Uniswap’s Multichain Future: Exploring Feeless Transactions and Scalability

Florian Meindl from IOTA has expressed interest in joining Uniswap's multichain marketplace, as it aligns with IOTA's commitment to scalability, feeless transactions, and secure data transfer. IOTA is exploring potential collaborations with Uniswap to enhance the DeFi ecosystem. Uniswap is a decentralized exchange that allows users to provide and swap liquidity across multiple chains, and they recently introduced the UniswapX platform, offering gas-free cross-chain swaps with enhanced liquidity. IOTA has achieved $5 million in total-value-locked (TVL) on its Ethereum Virtual Machine (EVM) and is focused on advancing its 2.0 blockchain and integrating smart contracts into Software-Defined Networking (SDN) for security purposes.

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