Coinbase has unveiled a new liquidity solution called verified Polish who aims to make trade on chains safer and more transparent for institutional and retail users.
The position, that was announced On March 18, the risks of the counterparties reduces decentralization by combining identity verification with liquidity pools. Decentralized Finance has made it possible for users to act without needing between intermediaries, but because fund providers are anonymous, liquidity pools have often been risky.
To resolve this, verified Polish users must link their Coinbase wallet, Prime Onchain wallet or portfolios of third parties using a Coinbase Verifications reference. This gives on-chain transactions an extra layer of trust by ensuring that liquidity providers are verified.
Based on the uniswap (UNI) V4 protocol, uses verified Polish “Hooks” to enable advanced smart contract functionality, allowing trade functions to be adjusted. Moreover, the platform works together with Gauntlet to optimize the health of the liquidity pool.
Transactions take place on the base, the Layer-2 network of Coinbase, which helps to lower costs and improve the speed. Currently verified Polish is available in the US, Singapore, the Netherlands, the British Virgin Islands, the Cayman Islands and the Channel Islands.
For institutions, verified Polish offers concentrated liquidity and controlled access, so that only verified users can deliver or deliver commercial assets. For a safer trade environment, institutions can communicate via APIs or Prime Onchain wallet.
Retail traders can also use verified Polish for direct, intermediary-free trade with verified liquidity. Users can handle maintaining full control over their assets by linking a wallet.
The launch comes at a time of renewed interest in Coinbase. A research analysis by Bernstein, as reported By Yahoo Finance on March 18, predicted that Coinbase shares could rise more than 60% and reached $ 310, referring to favorable changes to the US. The report called Coinbase the “Amazon of Crypto” and emphasized its strong position as a leader in the crypto infrastructure.
Trump’s recent pro-crypto initiatives, such as his executive order to set up a Bitcoin reserve, have also increased hope for the future of industry. As CoinBase grows on the chain, the way it seems ready to take advantage of these developments.
