Uniswap Community votes to provide V3 on polygon, contract support comes in a few days - Defi

Uniswap Community votes to provide V3 on polygon, contract support comes in a few days - Defi

One of the largest decentralized stock exchanges (Dex) platforms in relation to the trade volume, uniswap, has announced that the Dex Community has agreed to a governance proposal to support the polygon blockchain.

Uniswap to support Polygon POS Blockchain

In terms of trade volume, the statistics show that Uniswap version three (V3) has the largest 24-hour trade volume with 1.5 billion dollar exchanged during the last day. Insofar as Total-Value Locked (TVL) is affected in defi, uniswap has 8.6 billion US dollar on December 19, 2021. This is the second largest TVL under the 21.8 billion US dollar from Curve Finance. On December 18, the official Uniswap Labs-Twitter account notified voted, the provision of uniswap V3 contracts in the polygon (Matic) network.

"The Uniswap Community voted to provide V3 on polygon as part of the governance process. Uniswap Labs are provided uniswap V3 contracts within a few days. Stay tuned," Uniswap Labs said on Saturday.

Uniswap has already taken over two Layer 2 protocols (L2), including Arbitrum One and Optimism. Both protocols use optimistic rollups so that users can save transfer fees if they use the EtherUem network. While l2fees.info states that it costs $ 31.74 to exchanging onchain via layer-one (L1), swaps with arbitrum cost 2.63 US dollar and swaps with optimism costs 2.29 US dollar.

Mihailo Bjelic, CEO from Polygon: "Polygon Pos can bring many advantages uniswap '

Mihailo Bjelic, CEO from Polygon, provided the Uniswap November, as he said that "Polygon Pos can bring many advantages" for the Dex. Bjelic also insisted that "polygon POS is a tramper -proof" and "polygon is aligned with Ethereum and its values". When Bjelic published the proposal, a supporter was wrote that: "I would like to see that uniswap v3 Polygon chain. and high fees. ”

The polygon blockchain was integrated into a number of platforms such as Curve, Aave and OpenSea. However, Curve Finance supports seven different blockchains, which also include Avalanche, Fantom, Arbitrum, Harmony and Xdai. Polygon recently A 200-billion-dollion Placed to strengthen social media with web3 and blockchain technology. In addition, after the acquisition of the hermez-netzwerk (now polygon Hermez ) for 250 million US dollars in August, Polygon $ 400 million for the Mir protocol.

What do you think about uniswap support the polygon network? Let us know your opinion on this topic in the comments below.

Jamie Redman

Jamie Redman is News Lead at Bitcoin.com News and a Finanztech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 4,900 articles for Bitcoin.com news about the disruptive protocols that arise today.


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