Home Crypto News 0xPlasma Labs receives initial approval to deploy Uniswap v3 to BNB Chain

0xPlasma Labs receives initial approval to deploy Uniswap v3 to BNB Chain

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0xPlasma Labs has received the first governance approval to deploy the Uniswap V3 protocol on the BNB Proof of Stake (PoS) chain.

Uniswap deployment

0xPlasma Labs launched a proposal on December 12, 2022, seeking approval to deploy Uniswap v3 on the BNB chain.

according to suggestion, Uniswap could benefit from an additional $1 billion in TVL and 1-2 million new users from the BNB chain.

After much consideration, the Uniswap governance community voted in favor of the temperature check proposal.

overwhelming voter turnout

More than 80% of participants supported the motion with approximately 20 million UNI tokens, while approximately 19.72% voted against. Voteresult.

Going forward, 0xPlasma Labs will submit a proposal for final governance approval before the Uniswap v3 protocol is deployed on the BNB chain.

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