Peercoin On Uniswap|Access Increases Usage|Swap With ERC-20 Tokens Using MetaMask|February 2022

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Detailed gold coin UniSwap UNI token of defi sector

In a move to broaden the usage, Peercoin is now listed on Uniswap.  This allows Peercoin to be converted into ERC-20 tokens, making it available to long term investors.  Peercoin plans to expand to  other EVM-based blockchains in 2022.

THE HAGUE, NETHERLANDS and SAN FRANCISCO — February 9, 2022 — Peercoin, the original pioneer of Proof of Stake consensus, today announced that it has successfully listed on Uniswap, Ethereum’s leading decentralized exchange protocol.

The debut of Wrapped Peercoin (wPPC) on Uniswap is the culmination of months of development and testing of wrapmeister, a custom-built cross-chain bridge software that enables dApp developers to convert Peercoin into ERC-20 tokens for use on the Ethereum blockchain. The cross-chain bridge can be found at //bridge.peercoin.net/.

This listing on Uniswap acts to introduce wPPC to the broader community of developers and long-term investors seeking an eco-friendly medium of exchange and storage of value.  By listing on Uniswap, wPPC can be readily swapped with any other ERC-20 token by users of MetaMask wallet.  wPPC can be imported into MetaMask by click of a button on bridge.peercoin.net or manually by entering the official contract address of 0x044d078F1c86508e13328842Cc75AC021B272958 in the MetaMask settings. Contract address can be verified at //twitter.com/peercoinppc/status/1488189855528112130?s=21

A safe and secure cross-chain initiative is a key part of ongoing efforts by the Peercoin community to broaden access to Peercoin and to increase its usage. In a recent blog article, Peercoin’s Project Lead, Peerchemist, succinctly explained the inherent need: “Each blockchain is an isolated island, but there is an ever-increasing desire to cross-connect them and make them interoperable.”

The 2022 product roadmap for wrapmeister includes plans to expand the use of wPPC beyond Ethereum to other EVM-based blockchains. dApp developers are eagerly anticipating wPPC’s debut on the Polygon blockchain in late February.  Interested beta testers are invited to participate in the discussion links listed below.

About Peercoin

The Peercoin blockchain network is an open-source decentralized ledger, completely governed by users of the currency. Peercoin (PPC) first came online in 2012, making it one of the earliest pioneering blockchains. The key innovation of Peercoin is its invention of Proof of Stake, an alternative consensus protocol to Bitcoin’s Proof of Work. It is also recognized as a “green blockchain” with low power requirements. As of February 9, 2022, Peercoin had a circulating supply of 27,385,313 PPC with a target inflation rate of 2% per year.

About Peercoin Foundation

The Peercoin Foundation was established with the mission of promoting and supporting the continued education, development, and overall progression of the Peercoin project. The foundation seeks to empower future Peercoin team members by providing the tools necessary to perpetuate Peercoin’s long standing reputation for bringing world-first innovations to the Blockchain. The Peercoin Foundation makes no claims over intellectual property related to Peercoin and the Peercoin project, unless explicitly stated otherwise.

Official Links:

Website – //www.peercoin.net/
Wrapmeister – //bridge.peercoin.net/

Source: GoBlockchain Network

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