Uniswap launches Uniswap Labs Ventures to invest in Web3 projects. Anchor Protocol plans to expand to Polkadot’s Acala network. VVS Finance announces its next IGO partner: Argo.

APR 18, 2022

Key Takeaways

Uniswap (UNI) launches a venture unit, Uniswap Labs Ventures, to invest in Web3 projects. Also, a new ‘swap widget’ that allows any website to swap tokens directly without visiting the platform, is launched.
A month after launching on Avalanche, Terra’s Anchor Protocol (ANC) continues its expansion into a new network – Polkadot’s Acala network.
Tornado Cash adds Chainalysis tool to block crypto wallet sanctioned by the U.S. Office of Foreign Assets Control (OFAC). This blockade only applies to the DApp’s front end, but not the underlying smart contract.
VVS Finance (VVS) announced the launch of its next Initial Gem Offering (IGO) with Argo Finance (ARGO), the first liquid staking protocol built on top of the Cronos-chain that aims to maximise the capital efficiency of CRO across the Cronos ecosystem.
This week’s price and volume indices were negative at -7.10% and -31.04%, respectively, while the volatility index was positive at +15.65%.