{"id":220666,"date":"2022-03-03T22:00:26","date_gmt":"2022-03-03T16:30:26","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=220666"},"modified":"2022-03-03T16:29:37","modified_gmt":"2022-03-03T10:59:37","slug":"has-uniswaps-help-to-ukraine-solved-this-major-problem","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/has-uniswaps-help-to-ukraine-solved-this-major-problem\/","title":{"rendered":"Has Uniswap&#8217;s help to Ukraine solved this major problem"},"content":{"rendered":"<p>Perhaps like nothing else before it, Russia&#8217;s invasion of Ukraine has proved why interoperability in crypto is the need of the hour. As supporters send coins to Ukraine&#8217;s administration and pro-military NGOs, government officials found themselves on the receiving end of diverse crypto-assets &#8211; <a href=\"http:\/\/ambcrypto.com\/how-kraken-et-al-responded-to-ukraines-request-to-sabotage-russian-users\/\" target=\"_blank\" rel=\"noopener\">including NFTs<\/a>.<\/p>\n<p>The question is &#8211; How to deal with the sheer variety?<\/p>\n<h4>Ukraine in the EU-niswap<\/h4>\n<p>The Vice Prime Minister of Ukraine, Mykhailo Fedorov, thanked Uniswap for its &#8220;donate to Ukraine&#8221; feature which would help donators change their assets into Ether. On the minister&#8217;s request, Uniswap added the donation app to its homepage.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ Update: The \ud83c\uddfa\ud83c\udde6 Donate App is now linked from the Uniswap home page. <a href=\"https:\/\/t.co\/liqYXtQoM2\">https:\/\/t.co\/liqYXtQoM2<\/a> <a href=\"https:\/\/t.co\/7MJDFM0eUL\">https:\/\/t.co\/7MJDFM0eUL<\/a><\/p>\n<p>&mdash; Uniswap Labs \ud83e\udd84 (@Uniswap) <a href=\"https:\/\/twitter.com\/Uniswap\/status\/1499162300095344640?ref_src=twsrc%5Etfw\">March 2, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At press time, a Uniswap V3 transfer <a href=\"https:\/\/etherscan.io\/gasTracker\" target=\"_blank\" rel=\"noopener\">cost an average<\/a> of $17.14.<\/p>\n<h4>Is the grass greener here?<\/h4>\n<p>It&#8217;s time to take a closer look at Uniswap&#8217;s condition at the moment. Weighted sentiment for Uniswap has been negative throughout most of February. In March, however, a huge spike took sentiment from -0.99 to 0.367.<\/p>\n<figure id=\"attachment_220673\" aria-describedby=\"caption-attachment-220673\" style=\"width: 2064px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.40.49.png\"><img decoding=\"async\" class=\"wp-image-220673 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.40.49.png\" alt=\"\" width=\"2064\" height=\"844\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.40.49.png 2064w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.40.49-300x123.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.40.49-1024x419.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.40.49-768x314.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.40.49-1536x628.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.40.49-2048x837.png 2048w\" sizes=\"(max-width: 2064px) 100vw, 2064px\" \/><\/a><figcaption id=\"caption-attachment-220673\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/app.santiment.net\/#nft-influencers\" target=\"_blank\" rel=\"noopener\">Santiment<\/a><\/figcaption><\/figure>\n<p>This came on the heels of UNI&#8217;s price performance, which was trading at <a class=\"cmc-link\" href=\"https:\/\/coinmarketcap.com\/currencies\/uniswap\/markets\/\">$9.89<\/a>\u00a0after a rally of 28.91%.<\/p>\n<p>What&#8217;s more, development activity on Uniswap began to rise again after dipping to a low in late February. It remains to be seen if Uniswap&#8217;s involvement in Ukraine&#8217;s fundraising causes will further boost investor interest in UNI and the network as a whole.<\/p>\n<p>For now, the resuming growth and the price rally are positive signs for both devs and investors.<\/p>\n<figure id=\"attachment_220677\" aria-describedby=\"caption-attachment-220677\" style=\"width: 2060px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.46.55.png\"><img decoding=\"async\" class=\"size-full wp-image-220677\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.46.55.png\" alt=\"\" width=\"2060\" height=\"842\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.46.55.png 2060w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.46.55-300x123.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.46.55-1024x419.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.46.55-768x314.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.46.55-1536x628.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/Screen-Shot-2022-03-03-at-14.46.55-2048x837.png 2048w\" sizes=\"(max-width: 2060px) 100vw, 2060px\" \/><\/a><figcaption id=\"caption-attachment-220677\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/app.santiment.net\/#nft-influencers\" target=\"_blank\" rel=\"noopener\">Santiment<\/a><\/figcaption><\/figure>\n<h4>When fundraising isn&#8217;t just fun<\/h4>\n<p>Ukraine&#8217;s call for crypto-donations did not go in vain as users all over the world sent in Bitcoin, Ether, and USDT to the addresses shared by Ukraine&#8217;s official Twitter account.<\/p>\n<p>However, <a href=\"http:\/\/ambcrypto.com\/how-kraken-et-al-responded-to-ukraines-request-to-sabotage-russian-users\/\" target=\"_blank\" rel=\"noopener\">controversy erupted<\/a> after Polkadot founder Gavin Wood promised to donate $5 million &#8211; if the account shared a DOT address. Many <a href=\"http:\/\/ambcrypto.com\/how-kraken-et-al-responded-to-ukraines-request-to-sabotage-russian-users\/\" target=\"_blank\" rel=\"noopener\">criticized Wood<\/a> and claimed he was trying to generate press for DOT, while others pointed out the expense involved in swapping assets.<\/p>\n<p>Finally, a DOT address was posted and Wood donated a little more than 298,367 DOT, worth roughly around <a href=\"https:\/\/polkadot.subscan.io\/extrinsic\/9239466-2\" target=\"_blank\" rel=\"noopener\">$5.7 million at press time<\/a>. All said and done, though, the incident highlighted the need for fast and affordable interoperability tools when making crypto-donations. This is where Uniswap and its ETH transfer options want to fit into the picture.<\/p>\n<p>On that note, a report by Arcane Research\u00a0<a href=\"https:\/\/static1.squarespace.com\/static\/60377b34e7791c1277aaae97\/t\/621e2a03519f5534f2605d09\/1646144011515\/Weekly+update+-+Arcane+Research+%28Week+8%29+2022.pdf\" target=\"_blank\" rel=\"noopener\">stated<\/a>,<\/p>\n<blockquote><p>&#8220;So far, more than $24 million of crypto has been donated to Ukraine, but this number is likely an underestimation since countless smaller NGOs are collecting funds.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Perhaps like nothing else before it, Russia&#8217;s invasion of Ukraine has proved why interoperability in crypto is the need of the hour. As supporters send coins to Ukraine&#8217;s administration and pro-military NGOs, government officials found themselves on the receiving end of diverse crypto-assets &#8211; including NFTs. The question is &#8211; How to deal with the<a href=\"https:\/\/ambcrypto.com\/has-uniswaps-help-to-ukraine-solved-this-major-problem\/\">Continue reading <span class=\"sr-only\">&#8220;Has Uniswap&#8217;s help to Ukraine solved this major problem&#8221;<\/span><\/a><\/p>\n","protected":false},"author":48,"featured_media":220692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-220666","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Has Uniswap&#039;s help to Ukraine solved this major problem - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Weighted sentiment for Uniswap has been negative throughout most of February. 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