Uniswap Community Supported for Deployment on BNB Chain

As a result of voting, Uniswap users supported the deployment of the third version of the decentralized exchange protocol on the BNB Chain network.

On January 22, as part of a preliminary vote, the community approved the initiative. Wormhole was chosen as a cross-chain bridge between Ethereum and BNB Chain.

According to the results of February 10, 65.89% of participants were in favor of the relevant Plasma Labs proposal, 33.57% were against. Among the latter was the venture capital company Andreessen Horowitz, which used all 15 million tokens available to it.

Data: Tally.

On Feb. 6, Philippe Zentner, founder and CEO of DEX aggregator Li Finance, warned Uniswap against the Wormhole-only option. In his opinion, an independent solution with several cross-chain bridges is “a win-win option for everyone.”

Recall that Cinneamhain Ventures partner Adam Cochran suggested that Uniswap allows the introduction of a user verification system in the next version of the protocol.

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