Uniswap Labs has announced plans to release a new self-custodial mobile wallet that will offer users the ability to swap on layer-1 or layer-2 networks without having to switch blockchain.
According to Uniswap Labs, the wallet will allow users to check price charts and search for any token across various networks, including Ethereum, Polygon, Arbitrum and Optimism. To ensure maximum security, Uniswap Labs worked with Trail of Bits for the audit of the wallet. Additionally, the seed phrases and private keys of both imported and newly created wallets will be encrypted and stored on devices using Apple’s Secure Enclave, which is excluded from device backups. Uniswap also shared that users will be able to manually store their seed phrases with a paper copy or encrypt and store it on iCloud.