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Uniswap Rolls Out Token Launchpad as Bankr, SushiSwap Hint at Countermove

Source
JOON HYOUNG LEE

Summary

  • Global DEX Uniswap (UNI) said it has launched its own Robinhood Chain-based launchpad, poolstrade.
  • Users can directly issue and trade tokens on poolstrade through smart contracts.
  • Rivals Bankr and SushiSwap have signaled a possible partnership, with a shift in token launch infrastructure and roles in user acquisition and token distribution under discussion.

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Photo: Uniswap (UNI)
Photo: Uniswap (UNI)

Uniswap, the global decentralized exchange, has launched its own token issuance platform.

BlockBeats and other outlets reported on Aug. 6 that Uniswap rolled out poolstrade, a Robinhood Chain-based launchpad. Users can issue and trade tokens directly on the platform through smart contracts.

Competing players are also moving quickly, including Bankr and SushiSwap. The two sides signaled a potential partnership on social media around the timing of poolstrade's debut, according to the reports.

There is also speculation that Bankr could shift its existing token launch structure, based on Doppler and Uniswap V4, to SushiSwap. In that scenario, Bankr would take on the role of a distribution partner handling user acquisition and token distribution.

Specific details of any cooperation have yet to be disclosed.

#Launchpad
#Decentralization
JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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