The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
DeFi Exchanges
What Are DeFi Exchanges?
Decentralized finance (DeFi) exchanges are digital platforms that allow users to trade cryptocurrencies and other digital assets in a decentralized manner without the need for a central authority or intermediary. These exchanges are built on blockchain technology, which enables them to operate on a peer-to-peer basis. This means that transactions are directly between users without a bank or financial institution acting as a middleman. DeFi exchanges typically offer a wide range of trading pairs, including popular cryptocurrencies such as Ethereum,…
Block Education
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