In the grand theater of Paris, the Artificial Intelligence Action Summit bore witness to a grand unveiling! The curtain rose, revealing the collaboration between Unichain and Transak. With a wave of Transak’s payment wand, Unichain’s users can now effortlessly convert their fiat into crypto assets.
Yeshu Agarwal, Co-founder & CTO of Transak, declared, “Innovation thrives at the crossroads of accessibility and technology. Unichain’s vision to be a high-performance rollup that scales Ethereum and fuels DeFi aligns perfectly with our mission at Transak: to make decentralized finance available to all.”
Unichain, the mighty superchain, tackles long-standing DeFi challenges like high transaction fees, slow processing speeds, and liquidity fragmentation. By constructing a superhighway on Ethereum, Unichain slashes transaction costs by up to 95% compared to Ethereum Layer 1 and achieves lightning-fast one-second block times. Future enhancements aim to reach dizzying speeds of 200-250 milliseconds!
Enter Transak, the trusty sidekick, enhancing Unichain’s accessibility with a secure and user-friendly onboarding process. Transak’s fiat-to-crypto gateway enables Unichain users to:
– Instantly buy crypto assets like UNI and ETH directly on Unichain 💸
– Complete multi-level KYC processes in under 30 seconds for swift DeFi participation 🚀
– Effortlessly convert Unichain-based assets back to fiat currency 💳
Mark Toda, Head of Protocols at Uniswap Labs, praised Transak’s infrastructure, stating, “This collaboration propels Unichain’s capabilities by providing a seamless fiat-to-crypto experience. Together, we advance the goal of a more inclusive and accessible DeFi industry.”
Since early 2024, Transak has been an integral part of the Uniswap Wallet, enabling users to onboard into DeFi through familiar payment methods. This partnership has already empowered users worldwide to purchase crypto assets directly within the Uniswap Wallet.
So, dear readers, prepare to embark on a magical journey with Unichain and Transak as they pave the way for a more inclusive and efficient DeFi landscape! ✨
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2025-02-11 20:23