Uniswap Labs has announced the launch of its long-awaited layer-2 network, Unichain. Unichain, built on Optimism's OP stack, offers faster and cheaper transactions compared to Ethereum's mainnet, and is optimized for DeFi. The launch of Unichain will provide a better user experience for Uniswap and other platforms, as well as create a new revenue opportunity. Unichain is classified as a "stage-1" rollup and has a Trusted Execution Environment (TEE) for secure and advanced transactions. Uniswap Labs has agreed to give a portion of Unichain's revenue to the Optimism Collective and the Unichain Validation Network, which secures the blockchain. Many other projects, including Coinbase and Kraken, have also built on Optimism's technology.



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