UNISAP team said it has created an interface to exchange altcoins in Ethereum (ETH) donations to the Ukrainian people, explaining that anyone can donate with a single click through this interface.
According to CoinTelegraph, the Decentralized Exchange (DEX) on Tuesday launched an interface that directly transfers ERC-20 tokens, such as Ave and Chainlink (LINK). and DeCentraland, to Ethereum (ETH). These coins are then sent to the official cryptocurrency wallet addresses of the Ukrainian government, all in a single transaction.
In explaining the offering, Unisab claimed that the address shared by the Ukrainian government is located on a central exchange and accepts only Ethereum and Tether (USDT). Thus, the feature simplifies the donation process for anyone who holds ERC-20 tokens on the Unisab list and wishes to donate by connecting their wallet to decentralized exchanges.
However, in a tweet cited by the Unesap team, members of the cryptocurrency community expressed concern that the keys to these wallets are owned by a central Ukrainian exchange and are calling for a more secure custody approach.< /p>
However, the Ukrainian government launched its support for Polkadot's donations (DOT) earlier today. Its founder, Gavin Wood, personally donated $5.8 million in (DOT) to the newly sponsored address.
The Blockchain community has been active in helping Ukraine resist the ongoing war. Aside from donations, efforts such as Non-Perishable Tokens to support Ukrainian artists and the Ukrainian Decentralized Independent Organization have also gained traction.
As of yesterday, according to data tracked by Cointelegraph, crypto donations received by the Ukrainian government and non-profit organizations operating in the country exceeded $53 million.
