Uniswap v3 Launches on Celo

Published on: 14.07.2022
Uniswap v3 Launches on Celo

Uniswap v3 Launches on Celo, so Celo users can now access the Uniswap DEX and pools.

The pools, beginning with the Moss carbon credit token pool, will bring access and liquidity to the voluntary carbon market, paving the way for other protocols to integrate programmable carbon credits on Celo to accelerate climate action.

To build decentralized financial (DeFi) products and services that advance a regenerative rather than extractive economy utilizing the pools on Uniswap v3’s pioneering concentrated liquidity architecture, the Celo Foundation’s DeFi for the People initiative has pledged funds to bolster regenerative finance (ReFi) liquidity.

Dive Into #ReFiSummer

The first phase of this green liquidity campaign led by the Climate Collective is the next highlight of #ReFi Summer — an effort to invite crypto enthusiasts and the crypto-curious to join the Celo community in leading a journey toward more collective planet-beneficial action. Together, they can create true change by harnessing the power of ReFi to make a lasting positive impact on the planet.

Uniswap v3 Launches on Celo, the Celo Foundation will seed initial liquidity in the CELO / wETH pair. The pair will help users bridge from other EVM-compatible chains to acquire MCO2 and future ReFi assets, and holding wETH supports Celo’s ecosystem and the Celo blockchain’s carbon-negative footprint.

Celo community aims to show the world what a carbon-negative, regenerative economic system could look like. Uniswap’s goal of creating a trustless and decentralized financial infrastructure. To power the next generation of development aligns. Celo Foundation’s mission to create the conditions of prosperity for all.

About Celo

Celo is a carbon-negative, L1 protocol with a rich ecosystem of global partners. It’s building Web3, mobile-first applications to create a more accessible and inclusive global financial system.

Website | Twitter

About Uniswap

The Uniswap Protocol is an open-source protocol for providing liquidity and trading ERC20 tokens on Ethereum. It eliminates trusted intermediaries and unnecessary forms of rent extraction, allowing for safe, accessible, and efficient exchange activity. The protocol is non-upgradable and designed to be censorship resistant.

Website | Twitter

SOURCE:

https://medium.com/celoorg/refi-summer-heats-up-uniswap-v3-and-green-asset-pools-launch-on-celo-9322308ddcab

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