Uniswap (UNI), the world’s largest decentralized cryptocurrency exchange (DEX) by trading volume, has received the first community approval for the BNB Chain integration.
Unsiwap V3’s BNB Chain integration, which was put to vote by OxPlasma Labs, was first approved by the community. Approximately 20 million piece UNI 80% of the vote was in favor, in which the token was used and thousands of community members participated. However, a pre-vote for the formal acceptance of the offer one last community further voting will take place.
Such a large percentage of community approval is the highest in the platform’s governance history, according to OxPlasma Labs. “consensus” was recorded as.
On the other hand, the final vote to merge Uniswap V3 and BNB Chain is scheduled to begin in a few weeks. This integration has at least 1 billion dollars additional liquidity and 1-2 million new users 0xPlasma developers, who stated that they will provide
Deployment to BNB Chain could help Uniswap capitalize on the growing popularity of DeFi in the Binance ecosystem. On the other hand, BNB Chain offers unique features such as staking and cross-chain support that can extend the functionality of Uniswap V3.