Uniswap v3 contracts deployment on Polygon approved with 99.3% consensus

Uniswap v3 contracts deployment on Polygon approved with 99.3% consensus

The deployment of Uniswap v3 contracts will be supported by a $20 million fund for a long-term liquidity mining campaign and the overall adoption of Uniswap on Polygon. The Uniswap community has approved the governance proposal that sought deployment of Uniswap v3 contracts over the Polygon PoS Chain. The approval comes in the form of an on-chain vote that saw the participation of over 72.6 million users from the community.Uniswap Labs announced to deploy Uniswap v3 contracts based on the votes that reflected over 99.3% approval consensus and will be supported by a $20 million fund — $15....


Related News

Community Voted, Why Uniswap Will Be Deployed On Polygon

Popular decentralized automated market maker (AMM) Uniswap will deploy its smart contracts on Polygon, the Ethereum scaling solution, Proof-of-Stake (PoS) chain. The announcement was made via Twitter by the official handle of Uniswap Labs after the completion of a community vote. Related Reading | Uniswap Community Reacts Against The New Proposal, Here is Why The AMM will be rollout on Polygon on its third iteration (V3), per the initial proposal. The motion was passed with 72 million votes in favor and 503,009 against which suggest the proposal has wide acceptance within UNI holders.....

Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a...

One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap version three (v3) commands the largest 24-hour trade volume with $1.5 billion swapped during the last day. As far as total-value locked (TVL) in defi is concerned, Uniswap has $8.6 billion on December 19, 2021. That’s the second-largest TVL below Curve Finance’s $21.8....

POL Smart Contracts Deployed On Testnet: Here’s Why It Is Super-Important For...

In a tweet on October 4, Sandeep Nailwail, the co-founder of Polygon, revealed that POL Contracts have been deployed on the Goerli testnet, describing the release as a significant “step on their journey of creating Polygon 2.0.” The deployment of these smart contracts also saw the release of two Polygon Improvement Proposals (PIPs), PIP-24 and PIP-25.  […]

Uniswap v3 looks set for layer-two scaling on both Arbitrum and Optimism

Uniswap is now planning layer-two deployments on both Arbitrum and Optimism. The Uniswap community has voted in favor of launching the leading decentralized exchange’s v3 iteration on layer-two scaling solution, Arbitrum.Uniswap’s creator, Hayden Adams, announced the vote on May 27, revealing the proposal’s governance vote received 41.35 million votes in favor and zero opposing votes from UNI token holders.He noted that work is already underway to plan the deployment and design its interface. 2/ Assuming the snapshot passes we intend to support the community by deploying the v3 smart....

This is why Uniswap v3 could have “insane efficiency”

With a tentative deployment date set for May 5th, 2021, the third iteration of decentralized exchange Uniswap is amongst the most hype projects in the crypto space. Its newest features offer its user more flexibility to leverage earning strategies. However, the creator of Uniswap, Hayden Adams, claims there is much more to the update. Via […]