TechFlow News — The Uniswap on-chain vote regarding "Deploying Uniswap V3 on Avalanche" has passed with a 95.08% approval rate. This proposal takes into account that the commercial use restriction period for Uniswap V3's core code copyright will expire on April 1, after which numerous projects will have the legal right to copy and fork Uniswap V3's code for commercial purposes. Therefore, Uniswap V3 has decided to deploy on Avalanche ahead of the emergence of many imitators, ensuring Uniswap secures a leading position in Avalanche’s DEX market and competes with existing DEX Trader Joe on Avalanche.
Additionally, the proposal will utilize LayerZero to facilitate cross-chain messaging between Ethereum and Avalanche. Following approval, LayerZero Labs will deploy the Uniswap V3 smart contracts on Avalanche’s C-Chain, while Uniswap Labs will handle frontend integration updates and include Avalanche in its automatic routing system. The contract deployment is expected to take approximately five weeks to complete.Source link
