The Uniswap v3 implementation on Polygon is approved by 99.3% of the community

The Uniswap Group approved an administrative choice questioning the implementation of Uniswap v3 contracts on Polygon. The approval was executed via a vote obtained by greater than 72.6 million customers of the decentralized change (DEX).

Uniswap Labs introduced the launch of Uniswap v3 contracts after a vote that obtained 99.3% votes in favor of accepting the proposal. The launch shall be supported by a $20 million fund – $15 million for long-term mining campaigns and $5 million for Uniswap’s acquisition of Polygon (MATIC).

The Uniswap community voted to ship v3 to @0xPolygon through the moderator.

⚡️ Uniswap Labs will launch Uniswap v3 contracts in a number of days.

Listen to your self.

– Uniswap Labs (@Uniswap)

Additionally, Bjelic additionally introduced that the time was proper for Uniswap to associate with Polygon, citing the second community as “the second strongest DeFi in the trade, after Ethereum.” Uniswap’s community, monetary and technical capabilities.

The petition was printed by the CEO of Polygon Mihailo Bjelic on November 20 and was open for voting till December 18, arguing that “the implementation of Uniswap v3 on Polygon can carry many advantages”, corresponding to rising the quantity of customers, important financial savings for customers, rising community companies. , further funding, market seize, and a return to the unique imaginative and prescient of DeFi.

Source: Uniswap

earlier than the vote on the chain to approve the ruling UP010, Bjelic launched a contract and temperature survey to learn how individuals really feel about the risk of implementing Uniswap v3:

“Consensus Check 17 handed with 44 million (98.87%) YES votes and 500,000 (1.13%) NO votes. Heat Check 7 handed with 7.79 million (~100%) YES votes and 101 (~0%) NO votes.”

While Polygon is making an attempt to remain aggressive in opposition to the Ethereum ecosystem, the community has introduced a $200 million cope with Seven Seven Six, an organization owned by Reddit co-founder Alexis Ohanian.

As reported by Cointelegraph, the mission will focus on supporting and internet hosting video games and social networks constructed on Polygon’s infrastructure. Polygon’s robust progress this yr has been fueled by the implementation of greater than 3,000 on-chain purposes and the launch of different protocols and migrations. Cross the chain.

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