HomeNewsUniswap enables direct donations to the Ukrainian government

Uniswap enables direct donations to the Ukrainian government


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Uniswap, one of the largest decentralized exchanges accessible on the market, has enabled users to compose roar donations to the Ukrainian govt.

1/ To substantiate all individuals who needs to donate ERC-20 tokens to the Ukrainian govt 🇺🇦 can attain so, we constructed an interface that swaps any token for ETH and then sends it straight to the Ukrainian govt in a single transaction.https://t.co/3zuJLpmWNQ https://t.co/Fg3HSdbNSF

— Uniswap Labs 🦄 (@Uniswap) March 1, 2022

The trot follows a swap-wide push to region up donation channels each to the Ukrainian govt and non-earnings operating in the country to serve its defense efforts in the ongoing war with Russia.

Users procure an instantaneous channel to the Ukrainian govt thru Uniswap

Uniswap has changed into the first decentralized swap to open an instantaneous donation channel to Ukraine.

Earlier this day, the swap mentioned that it has constructed an interface that enables users to swap any token for ETH and then sends it straight to the Ukrainian govt. Your whole assignment of swapping and donating the tokens is done in a single transaction, reducing the prices users endure.

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The trot comes appropriate days after the Ukrainian govt presented that it could perchance probably perchance originate up accepting donations in BTC, ETH, and USDT.

Stand with the folk of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.

BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P

ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d18A45e14

— Ukraine / Україна (@Ukraine) February 26, 2022

On March 1st, the country began accepting donations in Polkadot (DOT) as neatly, after Polkadot’s founder Gavin Wood supplied to donate $5 million prices of DOT to the country’s efforts to shield against Russia.

Ukraine’s Ethereum and Tether addresses are hosted on a centralized swap that simplest accepts deposits in USDT and ETH. To provide any individual who needs to donate with an instantaneous channel, Uniswap established a gadget that enables users to swap and send ERC-20 tokens in a single click and a single transaction.

On-chain data exhibits that Ukraine’s BTC handle has up to now bought appropriately over 187 BTC, price $8.3 million at press time. A complete 184.6 BTC has been withdrawn from the handle. Ukraine’s Ethereum handle has up to now bought spherical $308,000 price of a system of ERC-20 tokens, alongside side 14.6 ETH, price spherical $43,700 at press time.

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The country’s Polkadot handle at this time has a steadiness of 310,747 DOT, price appropriates below $6 million.

Disclaimer: This article is for informational capabilities only. It is no longer an immediate offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any merchandise, services, or companies. We do no longer provides funding, tax, neatly suited, or accounting advice. Neither the corporate nor the author is guilty, straight or no longer straight, for any injury or loss precipitated or speculated to be precipitated by or in connection with the usage of or reliance on any insist, items, or services mentioned in this text.


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