Uniswap v3 to be Deployed on Boba Network
Uniswap, a decentralized exchange (DEX), is set to deploy its version 3 (v3) on Boba Network, a separate blockchain that works atop Ethereum. This follows a favorable community vote. Uniswap is a smart contract–based platform that allows users to access financial services such as lending and borrowing without relying on third parties. Boba Network provides users with faster and cheaper transactions. With the deployment of Uniswap v3 on Boba Network, users can now access Uniswap‘s services with greater speed and at a lower cost. This is a major step forward in the world of decentralized finance and will provide users with greater access to financial services.
Uniswap Community Votes Overwhelmingly in Favor of Boba Foundation Use Grant
The Uniswap community has voted overwhelmingly in favor of the Boba Foundation‘s proposal to use the Uniswap V3 Core software code. The proposal was backed by FranklinDAO and Ethereum development and investment lab ConsenSys. As part of the additional use grant, the Boba Foundation will receive a license to use the Uniswap Code to fully deploy the Uniswap Protocol v3 onto the Boba Network L2 on the Ethereum blockchain. This move will allow the Boba Foundation to take advantage of the Uniswap Protocol’s advanced features and provide users with a more secure and efficient way to trade digital assets. The Uniswap community’s support of the Boba Foundation’s proposal is a testament to the power of the Uniswap Protocol and its ability to provide users with a reliable and secure platform for digital asset trading.
Uniswap Expands to Boba Network
Uniswap, the leading decentralized exchange, is expanding its reach to Boba Network, a multichain ecosystem. With this deployment, Uniswap has the opportunity to increase its total value locked and transaction volume by tapping into Boba‘s user base. As of Tuesday, Boba Network holds over $4.5 million in locked value, and the Boba Foundation has committed to $1 million worth of BOBA tokens to foster the adoption of Uniswap v3 on the Boba Network. This move is expected to bring more liquidity and trading opportunities to Uniswap users, as well as to Boba Network users. With this expansion, Uniswap is poised to become even more popular and successful.
Uniswap and Boba Foundation Partner to Boost Adoption
Uniswap, the leading decentralized exchange, has partnered with the Boba Foundation to distribute tokens to promising Boba–based projects. The tokens will be sent to a multisig wallet co–owned by the Uniswap Grants Program and the Boba Foundation, with the aim of boosting the adoption of Uniswap V3 on the Boba Network. This move is expected to attract more Asia–based traders to Uniswap, as Boba already has a strong presence in the region. Boba developers have stated that Uniswap has the opportunity to bolster its presence in key Asian markets, and the partnership is a step in the right direction. With this partnership, Uniswap and Boba Foundation are looking to increase the adoption of Uniswap V3 and expand its reach to Asia–based traders.
