- The Uniswap community agreed to Polygon’s proposal for its zkEVM launch.
- No DEX has been able to capture Uniswap’s dominance in trading volume.
The Uniswap [UNI] governance proposal to have the Polygon [MATIC] zkEVM integrated into the project’s V3 has been deemed successful.
According to the voting results which ended on 14 April, every member of the Uniswap community agreed to the proposal, with a resounding 42,44 million in support.
How much are 1,10,100 UNIs worth today?
The suggestion, which was brought forward by Jack Melnik of Polygon Labs, centered the launch around the zkEVM’s validation and off-chain transaction computation.
Early on the trend despite a mild threat
It further noted that the Ethereum [ETH] L2 possession of tools capable of creating transparent smart contracts deployment could favor the Uniswap ecosystem. Defending its position as to why this is the right time for such a partnership, the proposal read:
“There’s significant value in Uniswap being available on an EVM-compatible ZK rollup. Deploying early on zkEVM helps solidify Uniswap’s place as the number one DEX and a thought leader”
A few weeks back, Polygon
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Author: Victor Olanrewaju
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