Key Highlights
- The decentralized exchange Uniswap has been warped over to StarkNet by the Ethereum development team Nethermind.
- Uniswap is not connected to the project.
The decentralized exchange (DEX) Uniswap v3 on “Warp,” a project created to enable Ethereum users to swap tokens on the more scalable Ethereum layer-2 network StarkNet, has been “transpiled and compiled,” according to Ethereum development company Nethermind.
Team leader Jorik Schellekens revealed the accomplishment in a post on Medium on October 9.
What is Warp?
Warp is a Solidity to Cairo transpiler that enables Solidity-based Ethereum projects to move their codebase to StarkNet and take advantage of its lower costs. Facilitating the transfer of Ethereum apps to StarkNet is the main objective of Nethermind’s Warp project.
Currently, warp successfully transpiles and deploys each Solidity file in the Uniswap v3 repository with only a small number of source changes. The team intends to develop Warp’s functionality in the future in order to add additional Ethereum-based projects to StarkNet.
Core idea behind this
The fundamental idea is to provide StarkNet users with access to Uniswap, although one that is not associated with the exchange. Theoretically, since StarkNet has lower transaction costs than the main Ethereum blockchain, it should be less expensive for Ethereum users to transfer tokens if they’re utilizing that network. The plugin is currently under development, and testing will continue.
Projects on Ethereum are challenging to transfer to StarkNet since the latter utilizes Cairo while the former uses Solidity. The code must therefore be translated in order for it to function in another language.
