Uniswap introduces a browser extension for its wallet, enabling seamless token transactions. Claim your uni.eth username for early access.

Uniswap, the decentralized exchange (DEX), is set to introduce a web extension for its native wallet, enhancing user accessibility.

In the latest update on February 27th, Uniswap revealed the availability of a waitlist for users who have secured a uni.eth username. Access to the Uniswap Extension Beta will be granted in the sequence of username claims, the DEX explained.

Similar to existing self-custody wallets like MetaMask, the Uniswap Wallet extension empowers users to seamlessly execute tasks such as sending, receiving, purchasing, and swapping various tokens and altcoins directly within their web browsers.

The Uniswap Extension marks itself as the first wallet designed to reside in the sidebar of your web browser, eliminating the inconvenience of pop-ups and separate transaction windows. The waitlist for this innovative extension is now open.

The utilization of the uni.eth domain, based on the Ethereum Name Service, allows users to transform their 0x addresses into personalized usernames. Notably, over 100,000 uni.eth subdomains were claimed by users as of February 25th.

Over the past month, Uniswap's native token has experienced an impressive 80% surge in value, triggered by a recent proposal advocating for protocol fee rewards for users. The proposal, submitted by Uniswap Foundation's governance lead, Erin Koen, aims to reward UNI holders who stake and delegate their tokens.

In a follow-up post on February 27th, Koen emphasized that the proposed upgrade would maintain the immutability of the Uniswap DEX, enhance security measures, and ensure the flexibility to experiment in the future. Discussing the benefits of immutability, Koen stated:

"When you look at major protocols which have been hacked in the past, many have occurred due to bugs which have been introduced during protocol upgrades. While there are certainly tradeoffs to this approach, by removing setOwner we are optimizing for future security of stakers."

Ongoing discussions surround the proposal. Notably, Uniswap is gearing up to launch its V4 DEX in Q3 2024 following a significant Ethereum upgrade. This aligns with the DEX's commitment, as previously reported, to allocate $300,000 for V4 development, coupled with a $150 million token launch KPI.