tldr; Uniswap Labs has released two new smart contracts, Permit2 and Universal Router, that allow token approvals to be shared and managed across different applications creating a more unified, cost-efficient, and safer UX. Universal Router unifies ERC20 and NFT swapping into a single swap router. As more projects integrate with these contracts, we can standardize token approvals across all applications.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.