ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle
Web3 developer ConsenSys has cast 7.03 million UNI votes in favor of Uniswap v3 migrating to BNB Chain.
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Web3 developer ConsenSys has cast 7.03 million UNI votes in favor of Uniswap v3 migrating to BNB Chain.
Deflationary ether issuance rates follow dapp usage, by design
According to the Uniswap DAO forum, venture capital fund Andreessen Horowitz (a16z) has used all 15 million of its UNI tokens to vote against a governance proposal that would deploy Uniswap v3 to BNB Chain on behalf of the Uniswap Community. "The Hash" panel discusses the potential next steps.
A16z didn't quash a proposal to launch Uniswap onto Binance's BNB Chain, but that doesn't mean it couldn't have.
The latest proposal put to a vote by Uniswap, has sparked a debate over its governance on the social network of crypto-lovers Twitter. Changpeng CZ Zhao, CEO of Binance, actually wondered whether the DEX is controlled by a16z's Venture Capital fund.
Cross-chain interoperability will catalyze decentralized finance growth and opportunities. It is pertinent for existing and new protocols to gain traction across robust networks.
After witnessing an explosive rally in January, a majority of major cryptocurrencies are experiencing high volatility or consolidation in the second month of 2023. A sideway rally in the crypto market could be a sign of exhausted bullish momentum and a potential correction in several crypto coins.
Uniswap founder Hayden Adams is slapped with a heavy lawsuit by an ex-partner for not returning favors.
Uniswap v3 is set to be deployed on Boba Network after receiving approval from the Uniswap community. Alan Chiu, co-founder of Enya Labs said that the move will enable developers to construct both on-chain and off-chain DeFi applications utilizing the Uniswap protocol.
Uniswap founder Hayden Adams said he was “sad and disappointed” with recent comments by Balance co-founder Ric Burton.
The proposal submitted by Boba Foundation and FranklinDAO was backed by organizations such as GFX Labs, Blockchain at Michigan, Gauntlet and ConsenSys.
The proposal to deploy Uniswap V3 onto BNB Chain stalled this week as investment firm a16z voted against the integration due to a disagreement over the bridge provider.
As the largest DEX platform on the Ethereum blockchain, Uniswap commands as much as $2.36 billion in the total value of assets in the Dapp's smart contracts, allowing users anywhere in the world to trade crypto without an intermediary.
Andreessen Horowitz (a16z) opposed a final plan to instal Uniswap V3 on the BNB Chain utilising the Wormhole bridge.
Two of crypto's largest VCs—Jump and a16z—are trying to influence Uniswap into using their preferred bridging solution for the protocol's upcoming deployment on BNB Chain.
Recently, Uniswap [UNI] holders who have stuck to the protocol for a long while might need clarity on the operational model of the project.
The crypto investment firm has recently voted against the proposal to deploy the latest Uniswap iteration on the Binance Chain using the Wormhole bridge. A16z Votes Against Proposal After passing an early temperature check, the proposal to deploy the latest version of the decentralized exchange Uniswap on the BNB Chain was brought forth for a full governance vote on the Uniswap DAO.
The successful governance vote will result in the deployment of Uniswap V3 on the Boba Network in the coming weeks.
Enya Labs co-founder Alan Chiu said that the move will allow developers to build on and off-chain DeFi applications on top of Uniswap.
Leading Ethereum DEX, Uniswap, is planning to deploy its V3 exchange on BNB Chain — but a16z is attempting to block it
With less than 2% of voting power, a16z's attempt to influence an on-chain vote on Uniswap looks worse than it actually is.
Crypto bridge aggregator Li.Fi says Uniswap should adopt a more decentralized bridge selection process for cross-chain deployments.
a16z, a venture capital firm, has voiced opposition to the launch of Uniswap v3 on the Binance Smart Chain (BSC).
DeFis have come into existence with the idea of no intermediaries. The sector is going mainstream in the industry, as investors are now evaluating digital assets based on its TVL in DeFi, amongst other factors. Since its inception, the UNI has served as trustless and highly decentralized financial infrastructure.