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, looking 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 assist the temperature test proposal.
Overwhelming vote turnout
Over 80% of contributors dedicated about 20 million UNI tokens to assist the movement, whereas roughly 19.72% voted in opposition to it, in keeping with the voting result.
Transferring ahead, 0xPlasma Labs will submit the proposal for remaining governance approval earlier than the Uniswap v3 protocol might be deployed to the BNB chain.
