Bianca
Thu Jan 23 2025
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5 answers
1493
Why does Uniswap use Weth?
Uniswap uses WETH because it allows for increased liquidity on the Ethereum network. WETH, or Wrapped Ether, is an ERC-20 compatible version of Ether that enables it to interact with other ERC-20 assets. This facilitates easier trading and exchange on the decentralized platform.
Davide
Fri Jan 03 2025
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6 answers
1207
Why does OpenSea use Weth?
I am wondering why OpenSea, a popular NFT marketplace, specifically chose to use Weth. I understand that Weth stands for Wrapped Ethereum, but what advantages does it offer to the platform and its users?
