Uniswap responds to Bancor's patent lawsuit, stating it is baseless

ChainCatcher news, according to The Block, Uniswap responded that the lawsuit is "baseless," emphasizing that its protocol code has been publicly available for a long time, and condemned the move as an interference with the momentum of DeFi development. Bancor's actions have sparked controversy on social media, being criticized as "against the spirit of Web3." Uniswap CEO Hayden Adams also mocked the lawsuit in a post, calling it "not worth mentioning."

Previous news, Bancor sued Uniswap for infringing its DEX smart contract technology patent.