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Uniswap Community Gives Green Light to Deploy Project on BNB Chain

Uniswap Community Gives Green Light to Deploy Project on BNB Chain

Uniswap users have voted, according to the results of a preliminary voting, in favor of deploying the third version of the decentralized exchange protocol on the BNB Chain blockchain.

The proposal, which was put forward by Plasma Labs during the so-called “temperature check” (Temperature Check), has received the support of the owners of 20 million UNI, which is 80% of the participants.

The project is expected to submit a governance proposal for a formal community vote over the coming weeks.

The developers of the project have cited the following as reasons for Uniswap’s addition of BNB Chain support: a growing network user base that will provide a new market, high transaction speed and low commissions as well as the benefits of expanding cooperation with Binance and other projects in the ecosystem.