Uniswap builds interface to swap altcoins into ETH donations for Ukraine - BitcoinEthereumNews.com
On Tuesday, decentralized exchange Uniswap शुभारंभ an interface that directly converts ERC-20 tokens — such as Aave, Chainlink‘s LINK and Decentraland’s MANA — to Ether (ETH). The coins are then sent to the official crypto wallet addresses of the Ukrainian government, all in a single transaction. In explaining the rollout, Uniswap claimed that the address shared by Ukraine is located on a centralized exchange and only accepts Ether and Tether (USDT). Thus, the feature simplifies the donation process for anyone holding ERC-20 tokens on Uniswaps list and who wishes to donate by conecting their wallet to the DEX. 2/ The address shared by the Ukrainian government is a centralized exchange that appears to accept only USDT and ETH. We built this interface so anyone who wants to donate but holds other ERC-20 tokens can do so with one click.https://t.co/0BfhARcgxS - Uniswap Labs (@Uniswap) मार्च २०,२०२१ But in a tweet आह्वान किया by the Uniswap team, some members of the crypto community express concern that “The keys to these wallets are held by a centralized Ukrainian exchange” and are asking for a more “secure custody approach.” Nevertheless, Ukraine rolled out support for donations in Polkadot‘s DOT earlier today. Polkadot’s founder, Gavin Wood, personally donated $5.8