Home > NEWS > Uniswap holders propose ditching Ethereum for BNB Chain to deploy v3 protocol

Uniswap holders propose ditching Ethereum for BNB Chain to deploy v3 protocol

80% of UNI holders voted to support the deployment of the Uniswap protocol’s v3 to BNB Chain, while the remaining voters voted against the move.

The proposal to deploy the Uniswap v3 protocol to BNB Chain for "ambient temperature verification" was strongly supported by the Uniswap community at the governance seminar.

UNI (UNI), which owns Uniswap, governs 80% of the voting network of the dynamic password, and agrees to deploy the third version of the decentralized exchange protocol on BNB Chain, a competitor of Ethereum.

In a proposal released on January 17, Ilia Maksimenka, CEO of Plasma finance, a decentralized financial industry agreement, explained why Uniswap v3 protocol should be deployed to BNB Chain, and wrote:

"For us, this is the right opportunity to deploy Uniswap in BNB PoS Chain. There are many factors (one of them is the expiration of the license)."

After discussing the governance community forum, Uniswap Community conducted a "body temperature check" public opinion survey to understand whether the community allowed this idea. 80% of the votes are suitable for deployment, while the remaining 20% are boycotted by online voting.

The blockchain software enterprise ConsenSys applies this measure. According to Cameron O'Donnell, a DAO governance investment analyst at ConsenSys, although there are concentration problems, the company still believes that the well-known brands of the agreement are "independent and not limited to all special chains". O'Donnell explained:

"Regardless of personal opinion, Uniswap's entry into the BSC sales market also provides a reliable and complete decentralized exchange medium for current and future customers."

In addition, ConsensSys executives also stressed that the company felt that Uniswap must be "chain agnostic" in order to better provide services to all customers in the Web3 indoor space

After the governance proposal is approved, the Plasma Finance team may take about five to seven weeks to deploy the necessary blockchain smart contracts to BNB Chain.

On December 22, BNB Chain surpassed Ethereum in the number of unique detailed addresses. BSC scanner data shows that blockchain technology has 233 million detailed addresses, while only 217 million unique detailed addresses are available on Ethernet. However, although the chain claims to be a "larger tier 1 blockchain technology", the data and BTC Internet's 1 billion unique detailed addresses are very different.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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