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

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 about 20 million UNI tokens, while about 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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