DeFi startup Uniswap Labs to launch a new self-custodial mobile wallet that will enable users to swap on L1 or L2 networks seamlessly without having to switch networks, according to an official announcement.
The new wallet will provide access to price charts and the ability to search for tokens across different networks such as Ethereum, Polygon, Arbitrum, and Optimism. The company collaborated with Trail of Bits to conduct a thorough security audit of the wallet, ensuring the highest level of protection. The wallet will encrypt seed phrases and private keys of both newly created and imported wallets and store them in Apple's secure enclave, which is not included in device backups. Uniswap Labs also disclosed that users will be able to manually store their seed phrases on paper or encrypt and store them on Apple iCloud.
1/ Introducing the Uniswap mobile wallet 🦄✨
— Uniswap Labs 🦄 (@Uniswap) March 3, 2023
A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi.
Now available as a limited early release - through Apple TestFlight. pic.twitter.com/NmO8c0bXMs
However, the wallet is still in early access stage, the final build of Uniswap's mobile wallet was rejected by Apple.
"Apple approved our first build in October but rejected the final build just a few days before our December launch. Since then, we've responded to their concerns, answered every question, and reiterated that we are 100% compliant with their guidelines. " Uniswap Labs said in the announcement.
"Other self-custody swapping wallets have been approved, but Apple won't green-light our launch and we don't know why. We are stuck in limbo. " Uniswap Labs added.
As a result, Uniswap Labs is opening up their internal TestFlight app to 10,000 users - max number of Testflight users Uniswap can have without Apple’s approval. The TestFlight app is functionally the same, safe to use, and can be updated to the App Store version after Apple approves it.
8/ So, if we have to wait for Apple, we thought it’d be more fun if we waited together🤝
— Uniswap Labs 🦄 (@Uniswap) March 3, 2023
That’s why we’re opening up our internal TestFlight app to 10,000 users (max we can have w/o Apple’s approval 😞), so that our community can experience the magic of the Uniswap mobile wallet
Uniswap will share access codes across multiple channels and timezones starting today. With the TestFlight app, users will be able to:
- Trade tokens directly with the most trusted DeFi protocol
- Seamlessly switch between Mainnet, Polygon, Arbitrum, and Optimism
- Discover top tokens by market cap, price charts, and volume
- Favorite tokens and wallet addresses to stay up to date on trends and activity
- WalletConnect to any app on Mainnet or L2s
- Back up your seed phrase on iCloud or manually
- Get notified when transactions complete - on any device - with push notifications
- And, it's completely open-sourced
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