Ethereum

Polygon

Celo

Avalanche

Uniswap

Optimism

Uniswap, the largest decentralized exchange by trading volume, recently went live on the Avalanche network. The latest move expanded the DeFi exchange to seven chains, the others being Ethereum, Polygon, Optimism, Arbitrum, BNB Chain, and Celo.Avalanche recently took to Twitter to share the news of Uniswap’s expansion to its network<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8d8cc1dee10646c19a916440a48d02b1.png" />Support for the Avalanche network was enabled on Uniswap V3 nearly four months after the latter’s community voted in favor of a proposal for the same. According to the temperature check <a href="https://snapshot.org/#/uniswap/proposal/0xa47404722b9c8a6fb850cf5de79e8a95f073f06393290949644a627bfe85bced" rel="noopener noreferrer nofollow">vote</a> held in March 2023, the proposal to deploy Uniswap V3 on Avalanche was approved by an overwhelming majority. More than 91% of the voters were in favor of the deployment.The proposal was brought forward by Abdullah Umar, Blockchain at Michigan’s Head of Governance, on February 25, 2023. According to the proposal on Uniswap’s <a href="https://gov.uniswap.org/t/deploy-uniswap-v3-on-avalanche/20587" rel="noopener noreferrer nofollow">governance forum</a>, Umar underscored the importance of expanding to popular EVM chains in anticipation of the expiry of its Business Source License (BSL) on April 1, 2023.The BSL expiry gave Uniswap the right to duplicate itself and use the forked code for commercial purposes. Avalanche was selected due to its consistent growth and the demand for a concentrated liquidity automated market maker (AMM). The vote ended on March 9, 2023, but the proposal wasn’t executed until July 12, 2023.Read full article at <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">C</a><a href="https://cryptotale.org/decentralized-exchange-uniswap-goes-live-on-the-avalanche-network/" rel="noopener noreferrer nofollow">ryptoTale.</a>

Decentralized Exchange Uniswap Goes Live On the Avalanche Network

CryptoTale

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