Unichain, the Decentralized Finance (Defi) Layer-2 solution from Uniswap, has announced the coming launch of a new validation network.
The team behind L2 confirmed that this solution is part of his route map. They noted that it would facilitate the decentralization of the chain by allowing someone to verify a junction.
Unichain reveals route map with validation network
The incoming validation network adds a layer of finality to the Uniswap network.
This will reduce the risk of conflicting blocks and contribute to the overall growth of the Defi Ecosystem of Unichain.
The Unichain of Uniswap in particular went live on the minstet a few weeks ago. It offered users a road for users to bridge, exchange and deliver liquidity via the Uniswap portion and web application.
In essence, the developer team has pursued further decentralization for uniswap.
Source: X
As part of this vision, they were planning to launch a new validation network, Unichain Validation Network (UVN).
An exciting function of UVN is that everyone can perform a node and participate in block verification via the network.
According to a recent update of the Unichain Foundation,
“… During the launch, the Unichain Validation Network (UVN) was designed to promote the decentralization of Unichain and to enable faster finality. The UVN consists of a network of full nodes that blocks and verify the Sequencer messages to Mavet. “
Essential benefits of this L2 innovation
The decentralized node operator platform under UVN will encourage fast block times in the midst of the presence of rollups.
Ultimately, these functions can push Unichain to participate in the Superchain post -Minnet of Optimism.
Moreover, Uniswap Labs said that it could be a stack core contribution.
This step can also lead to the optimism collective receiving part of the gross net income from Unichain.
Initially, Unichain has designated 65% of its network revenues as an incentive for its participants.
This part goes to validators and strikers. Having UVN on the mainnet will distribute these funds for the eligible entities.
In a few months, the test version of the solution is planned to go to the Testnet environment and go to the mainnet.
While the ecosystem is waiting for this rollout, the Unichain Foundation is preparing to use the generated chain income.
This will be a long way to encourage the growth efforts of the ecosystem through its Unichain Growth Reserve.
Uni Price Advantage, $ 15 play?
The news of the validation network led to a positive momentum within the Uniswap -ecosystem.
At the time of this letter, the price of Uni was $ 7.26, a sense of his $ 13.69 high in January. The current price corresponds to an increase of 1.4% within 24 hours.
In the meantime, the light profit is insufficient to cover the losses it has suffered in the last 30 days, resulting in a marking of 21.5%.
If the coin maintains its price repair, Uni can rise to $ 15 and set a new year-to-date (YTD) high.
Analysts identified a cup and handle pattern on the Uniswap Weekly-Grafiek at the start of the year.
At the time, this suggests a potential bullish breakout. For the medium term, market observers in the long term predicted a high price range of $ 28 to $ 32 for Uni.
Some catalysts, including the massive changes that come to Unichain, can help reach these price levels.
