The DeFi market needs some substance to bring it back alive, and it looks like Big Eyes Coin (BIG) and Uniswap(UNI) are looking to bring back momentum in the DeFi landscape. Big Eyes Coin (BIG) is the new coin and has established itself as the cryptocurrency of the moment. The token launch would further solidify it as the memecoin of the season. The token has done immensely well on presale, raising over $8.54 million in its presale stages. Crypto enthusiasts are looking to be as early as possible on the BIG token because it poses a huge profit potential.
Uniswap has had some recent updates following the completion of a governance vote. The DeFi platform is looking to deploy zkSync, a privacy-focused layer-2 solution that would enable new dynamics for user activities. The new platform will encourage the use of DeFi, and with the launch of memecoin projects like Big Eyes, DeFi traders are looking to have increased volume in the DeFi market.
Uniswap (UNI) – Swapping Central
Uniswap (UNI) is a smart contracts-based decentralized exchange on the Ethereum blockchain that uses the UNI governance token to allow users to trade, supply, and borrow assets. It was one of the earliest decentralized protocols and set a precedent for DeFi before other participants caught onto it.
Matter Labs, which created and maintained zkSync, made the recommendation to the community. The zkSync ecosystem, according to the company, has over 100 projects committed to coming on the mainnet, including top DeFi protocols, infrastructure, and on/off ramps. Matter Labs explained that launching on zkSync will assist both platforms in enrolling new users and improve user engagement on Uniswap by lowering expenses relative to Ethereum without sacrificing security. zkSync, on the other hand, employs a revolutionary technique known as zk-rollups to provide customers with a privacy-focused scaling solution that allows for speedier transactions at reduced prices.
Matter Labs recognizes the opportunity in Uniswap being on an EVM-compatible ZK rollup, as explained in the proposal sent to the community. With over 72 million UNI staked by users, the proposal was approved with nearly 100% of votes cast in favor of deploying Uniswap on zkSync. The action comes after Uniswap Labs said on Thursday that it’s most recent funding round, which Polychain Capital headed, had raised $165 million. With the additional funding, Uniswap can invest more in introducing its non-fungible token and developer tools and move to accommodate mobile users.
What is Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is a DeFi token. Memecoins have changed since Dogecoin(DOGE) emerged; Shiba Inu (SHIB) started using DeFi to create wealth, and Shiba Inu started using DeFi to create wealth. Big Eyes is also launching some improvements to its DeFi offerings.
Big Eyes Coin(BIG) is a community-governed project like Uniswap, and it will allow community holders to submit proposals. Users will also have veto power and can vote for consensus on whether to push for decisions suggested via proposals.
The new cat memecoin is tipped to be the first and most dominant of the several other cat meme projects to emerge. Big Eyes Coin has created an interesting narrative, and the market is swaying towards trying something new and coming on board with Big Eyes Coin. Stage 6 of its presale has been selling fast.
The team behind Big Eyes Coin (BIG) has announced they are doing a bonus tokens giveaway. To get your bonus tokens, users need to use the code: BEYES983 when buying BIG tokens.
To find out more about Big Eyes Coin (BIG), visit the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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