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DeFi News

Uniswap v4 Launch Set for Q3 After Ethereum’s Dencun Upgrade

At the same time, the decentralized exchange (DEX) will be launched on the testnet while final adjustments are made.

Written By Dishita Malvania
Published February 16, 2024 4:13 PM·Updated 1 year ago
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Uniswap v4 Launch Set for Q3 After Ethereum’s Dencun Upgrade

The Uniswap Foundation, which backs the DeFi protocol Uniswap, revealed the scheduled release date for Uniswap v4 following the impending Dencun upgrade on Ethereum. 

Now that the launch of Dencun on Mainnet has been scheduled for March 2024, we're excited to provide an update to the community! 🎉

Uniswap v4's launch is tentatively set for Q3 2024.

From community-built Hooks (https://t.co/WyaGr1Ti1t), to events, to Twitter Spaces, the…

— Uniswap Foundation (@UniswapFND) February 15, 2024

In a statement on the Twitter platform, the foundation outlined its roadmap, detailing the upcoming rollout. They emphasized that they are currently in the “Code Freeze” stage, focusing on finalizing core code, conducting tests, optimizing gas usage, enhancing security, and completing peripheral aspects.

The Uniswap Foundation plans to subject the code of Uniswap v4 to thorough audits by both audit firms and a community audit contest, aiming for it to be the most meticulously reviewed code ever deployed on Ethereum. 

At the same time, the decentralized exchange (DEX) will be launched on the testnet while final adjustments are made. The third phase involves the deployment of Uniswap v4 to the Ethereum mainnet in the third quarter of 2024, with the understanding that this timing is subject to change depending on the progress of the upcoming Dencun upgrade on Ethereum.

The Dencun upgrade for the Ethereum network was activated on the Goerli testnet on January 17. This upgrade includes several Ethereum Improvement Proposals (EIPs), such as EIP-4844, which enables proto-danksharding, a feature aimed at reducing transaction fees on layer 2.

Also Read: Dencun’s Ethereum Mainnet Blob Upgrade Set for March 13

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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