Uniswap has integrated the Blast network, and v2 LP can obtain native income

According to ChainCatcher news, the decentralized trading platform Uniswap has officially integrated the Blast Layer 2 network on its interface. Users can now exchange tokens and provide liquidity directly on app.uniswap.org. This marks the first time Uniswap users will be able to earn native returns on LP positions, thanks to Blast’s rebasing functionality.

It is reported that the Blast network provides native income for ETH and USDB stablecoins, and optimizes users’ trading experience by reducing transaction fees and speeding up exchanges (compared to the Ethereum mainnet). Users can start exchanging tokens on Blast by selecting Blast as the network.

In addition, in terms of providing liquidity, Blast supports both Uniswap v2 and Uniswap v3, but native income is only available in the v2 pool. In particular, due to the centralized liquidity technology implementation characteristics of Uniswap v3, LPs in the v3 pool on Blast will not receive native benefits. At the same time, Blast’s rebasing mechanism brings new risk considerations for liquidity providers on Uniswap v3, especially in the case of negative rebasing. Therefore, those offering liquidity for rebased tokens on Blast are recommended to choose Uniswap v2.