Uniswap Labs has Announced plans to launch a new self-custody mobile wallet that will offer users the ability to exchange on L1 or L2 networks without having to switch networks.
According to Uniswap Labs, the wallet will allow users to check price charts and search for any token on various networks, including Ethereum, Polygon, Arbitrum, and Optimism. To ensure maximum security, Uniswap Labs worked with Trail of Bits for the audit of the wallet. In addition, newly created and imported wallet passphrases and private keys will be encrypted and stored on devices using Apple's secure enclave, which is excluded from device backups. Uniswap also shared that users will be able to manually store their seed phrases with a paper copy or encrypt them and store them in Apple iCloud.
1/ Introducing the Uniswap mobile wallet ✨
A fully self-managed open source mobile app from the most trusted name in DeFi.
Now available as a limited early release, via Apple TestFlight. pic.twitter.com/NmO8c0bXMs
— Uniswap Laboratories (@Uniswap) March 3, 2023
Despite having its first build approved in October, Uniswap Labs has been facing issues with the Apple App Store regarding its mobile wallet. Although other self-custody exchange wallets have been approved, Apple rejected the final version of the Uniswap mobile wallet just days before its planned December launch.
Uniswap Labs shared that it responded to Apple's concerns, answered all of their questions, and reiterated that it complied with their guidelines. However, Apple has yet to green light the launch and Uniswap Labs remains in limbo. As a result, Uniswap Labs is offering early access to a few thousand Testflight users while they wait for Apple to approve the release.
Uniswap noted in its announcement:
Apple won't green light our launch and we don't know why. We are stuck in limbo.
Related: Uniswap DAO Debate Shows Developers Still Struggle To Secure Cross-Chain Bridges
On Feb. 6, Cointelegraph reported that members of the The Uniswap community voted to implement Uniswap v3 on the Boba Network layer 2 protocol on Ethereum, which means that the Boba Network will be the sixth chain to implement Uniswap v3. The move was backed by various entities including GFX Labs, Blockchain in Michigan, Gauntlet, and ConsenSys.
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