Uniswap v3 to deploy on Boba Network after approval by its DAO

2023-2-7 12:34

Uniswap DAO has approved the deployment of Uniswap v3 on Boba Network. The approval follows a favourable community vote. The deployment will increase the total value locked and transaction volume on Uniswap.

Version 3 (v3) of Uniswap will be deployed on Boba Network (BOBA/USD) in the coming weeks following the recent approval by the Uniswap DAO. The DAO community conducted a vote on the proposal, which was backed by ConsenSys and FranklinDAO, and a majority voted for the deployment.

Following the deployment, Uniswap will have the opportunity to expand its community by including users from the Boba Network ecosystem which will significantly increase the decentralized exchange’s total value locked and transaction volume. As of press time, Boba Network had a total value locked (TVL) of $4,589,305.

The deployment will also bolster Uniswap’s presence in key Asian markets where Boba enjoys strong adoption.

The news comes roughly two weeks after the Uniswap community voted for Uniswap to be deployed on BNB Chain.

Uniswap ecosystem expansion

The deployment is an interesting development since Boba Network is built on Ethereum and it allows users to enjoy cheaper and faster transactions and decentralized exchanges (DEXs) like Uniswap use smart contracts rather than third parties to provide their customers with financial services like borrowing and lending.

According to the proposal:

“The Boba Foundation is granted an additional use grant to use the Uniswap V3 Core software code. As part of this additional use grant, the Boba Foundation receives a license to use the Uniswap Code to fully deploy the Uniswap Protocol v3 onto the Boba Network L2 on the Ethereum blockchain.”

Boba Network also told a popular media outlet that it had committed about $1 million worth of BOBA tokens to boost the adoption of Uniswap v3 on Boba. The tokens will be forwarded to a multi-sig wallet co-owned by Boba Foundation and Uniswap Grant Program. They will then be distributed to promising Boba-based projects.

The post Uniswap v3 to deploy on Boba Network after approval by its DAO appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Uniswap (UNI) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $6.3433
Капитализация $0 Rank 99999
Цена в час новости $ 6.8177 (-100%)

uniswap dao approval deployment boba network increase

Источник: coinjournal.net

uniswap dao → Результатов: 21


Фото:

Binance CEO predicts DEXs will overtake CEXs, top DEX tokens to get early

Uniswap UNI/USD, THORChain RUNE/USD, and Curve DAO CRV/USD are some of the best decentralized exchange (DEX) tokens you can get on July 11, 2022. Changpeng “CZ” Zhao, the CEO of the largest centralized exchange (CEX) in the world, Binance, predicted that DeFi and DEXs would be far superior to CEXs in the next decade in […] The post Binance CEO predicts DEXs will overtake CEXs, top DEX tokens to get early appeared first on Invezz.

2022-7-12 13:09


BLOCKS Launches Silver and Gold Tokenized Community Tiers, Token Listed on Uniswap

BLOCKS— the first DAO LLC registered in Wyoming, U.S., aiming to move traditional industries onto the blockchain–, has launched their tokenized community tiers. BLOCKS Activates the Silver and Gold Tokenized Community Tiers on Discord As per a recent press statement, the platform has two membership tiers distinguished primarily by BLOCK token holding. The launch is […]

2021-11-3 21:09


Uniswap добавит в листинг токены блокчейн-экосистемы DAO.vc

6 сентября в 02:59 (МСК) децентрализованная биржа Uniswap проведет листинг токена управления международной венчурной экосистемы DAO. vc (DAOvc). Об этом сообщается в официальном пресс-релизе проекта.

2021-9-2 18:10


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Uniswap community rejects UNI V3 Fees proposal, UNI price declines

Uniswap community rejects fee proposal: UNI token price declines by 7%. Approximately 60% of voters voted against the proposal signaling a cautious approach to governance. The proposal rejection underscores the complexities of decentralized platforms like Uniswap.

Pullix presale ends; PLX token lists on Uniswap today

PLX token price has increased by 250% through its presale stages. The presale has ended and the token now awaits listing on crypto exchanges. The first exchange to list PLX is expected to Uniswap with BitMart following after.

NuggetRush, Uniswap, Cardano – the trending trio?

Cardano (ADA) could rally as the market is filled with bullish sentiments.   Uniswap is implementing upgrades designed to increase its network activity.   NuggetRush has sold over 202 million NUGX tokens as its presale attracts gamers from all over the crypto industry.