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The deployment of Uniswap v3 contracts will be supported by a fund that will provide $ 20 million for development for a long-term campaign to extract liquidity and the overall implementation of this technology at Polygon.
The community was in favor of the management proposal. He needed to deploy Uniswap v3 contracts along the PoS chain. The approval comes in the form of online voting. Approximately 72.6 million people from the community took part in the voting.
Uniswap Labs announced that it will deploy Uniswap v3 contracts based on a vote with 99.3% of the votes in favor. This will be supported by the foundation. A total of $ 20 million was allocated, and they will be distributed as follows: 15 million will go to the development of a campaign to extract liquidity, and the remaining 5 million will be used as a whole to implement the technology at Polygon (MATIC).
Bjelic himself made a statement that this is the most suitable time for deploying Uniswap on Polygon.
This proposal was announced by the general director of Polygon Bjelich in the second half of November, but the voting was opened only yesterday, but today we see the result in the form of 99.3% of votes in favor.
Prior to voting on the UP010 governance proposal, Bjelic made efforts to determine the community sentiment behind the deployment of Uniswap v3:
“Consensus check 17 passed with 44 million (98.87%) YES votes and 500 thousand (1.13%) NO votes. The temperature test 7 passed 7.79 million (~ 100%) YES and 101 (~ 0%) NO ”.
Polygon has a drive to maintain its position in the Ethereum ecosystem, and as a result, the community has announced a $ 200M initiative with Seven Seven Six, a venture capital firm owned by Reddit co-founder Alexis Ohanyan.
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