Uniswap Labs Launches New Layer-2 Network on Testnet Using Optimism's OP Stack
Uniswap Labs, the creator of the popular decentralized crypto exchange Uniswap, has announced the development of a new layer-2 network. The network was built using Optimism's OP Stack, which has also been utilized by Coinbase and Sony for their own layer-2 networks. The team behind Uniswap is also planning to launch their own blockchain as a layer-2 network on top of Ethereum, with the goal of improving transaction speed, reducing costs, and enhancing liquidity. The new network was set to launch on testnet on Thursday.
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