Uniswap has integrated the Blast network, and v2 LP can obtain native income
Decentralized trading platform Uniswap has officially integrated Blast Layer 2 network into its interface, allowing users to directly exchange tokens and provide liquidity on app.uniswap.org. This marks the first time Uniswap users can earn native rewards through LP positions, thanks to Blast's rebase function.Reportedly, Blast network provides native rewards for ETH and USDB stablecoins, and optimizes users' trading experience by reducing transaction fees and speeding up exchange rates (compared to Ethereum mainnet). Users can start exchanging tokens on Blast by selecting it as the network.In addition, regarding liquidity provision, Blast supports both Uniswap v2 and Uniswap v3, but native rewards are only available in v2 pools. It is noteworthy that due to the centralized liquidity technology implementation of Uniswap v3, LPs in v3 pools on Blast will not receive native rewards. At the same time, Blast's rebase mechanism brings new risk considerations for liquidity providers on Uniswap v3, especially in negative rebase scenarios. Therefore, it is recommended that users providing rebase token liquidity on Blast choose Uniswap v2.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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