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

by Cryptospacey

0xPlasma Labs obtained preliminary governance approval to deploy the Uniswap V3 protocol to the BNB proof-of-stake (PoS) Chain.

Uniswap deployment

0xPlasma Labs initiated a proposal on Dec. 12, 2022, searching for approval to deploy the Uniswap v3 to BNB Chain.

As per the proposal, Uniswap may benefit from an extra $1 billion of TVL and 1-2 million new customers from BNB Chain.

Following due consideration, the Uniswap governance group has voted to help the temperature test proposal.

Overwhelming vote turnout

Over 80% of members dedicated about 20 million UNI tokens to help the movement, whereas roughly 19.72% voted in opposition to it, in accordance with the voting result.

Shifting ahead, 0xPlasma Labs will submit the proposal for remaining governance approval earlier than the Uniswap v3 protocol will be deployed to the BNB chain.

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