Uniswap builds interface to swap altcoins into ETH donations for Ukraine

Decentralized exchange Uniswap has actually introduced a user interface to transform ERC-20 tokens, such as Chainlinks LINK, Aave and Decentralands MANA, directly into Ether (ETH). The coins are sent to the main crypto wallet addresses by the Ukrainian government in one transaction.

Uniswap discussed that Ukraines address was found on a centralized platform and accepts Ether (USDT) as payment. The feature makes it easier to contribute to anyone who holds ERC-20 tokens and links their wallet to the DEX.

2/ The address that the Ukrainian federal government shares is a central currency exchange that seems to accept USDT and ETH. We developed this user interface so anybody who wants to contribute however holds other ERC-20 tokens can do so with one click.https:// t.co/ 0BfhARcgxS.
— Uniswap Labs, March 1, 2022 (@Uniswap).

Cointelegraph information reveals that the Ukrainian government as well as non-profit organizations in Ukraine have actually received over $53 million in contributions, according to Cointelegraph. Bitcoin (BTC), Ether and Tether were sent straight to verified wallet addresses by the Ukrainian federal government.

Nonfungible tokens drops for assistance of Ukrainian artists and UkraineDAO are also getting traction, in spite of the lack of contributions.

They stated that the secrets to their wallets were held by a centralized Ukrainian Exchange and asked for a more secure custody technique. Gavin Wood (the creator of Polkadot) personally donated $5.8 million in DOT to the address. Nonfungible tokens drops for support of Ukrainian artists and UkraineDAO are also getting traction, regardless of the lack of contributions.

Cointelegraph information reveals that the Ukrainian government in addition to non-profit organizations in Ukraine have actually gotten over $53 million in contributions, according to Cointelegraph. These numbers are based just on projects tracked and do not include donations made by individuals or via altcoins. Kunas Reserve Fund of Ukraine and Come Back Alive are 2 significant donation efforts. Bitcoin (BTC), Ether and Tether were sent out directly to confirmed wallet addresses by the Ukrainian government. The capital gratitude arising from the ongoing rally in cryptocurrency markets is instrumental for the boost in donations value.
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