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.