Ilia, the CEO of 0xPlasma Labs has suggested that Uniswap v3 be deployed to BNB Chain, Binance. This could result in $1 billion in additional Total Value Locked, (TVL), and 1-2 million more users. The proposal is currently under discussion.
0xPlasmaLabs has released a proposal for Uniswap v3 deployment to BNB Chain, Binance. From which an additional $1B of TVL can be obtained and 1-2M new users may be obtained. The proposal is currently in the discussion stage. https://t.co/MnABDTWEMl
— Wu Blockchain (@WuBlockchain) December 12, 2022
Ilia, a long-standing supporter of the Uniswap ecosystem and a contributor, proposed discussing The possibility to deploy Uniswap v3 via the BNB Chain together with the community
“The Uniswap ecosystem is crucial in developing the global decentralized finance (DeFi) ecosystem. But, the protocol has not been deployed to BNB Chain, which is the second-largest and most popular blockchain infrastructure, in volume and users.
Ilia discussed the “miss opportunity” for Uniswap, suggesting the platform could “expand its reach and potentially drive further growth and adoption of DeFi.”
Ilia pointed out that the deployment of Uniswap onto the BNB chain could bring many benefits to the Uniswap eco-system, including:
- An additional $1 billion in TVL and increased trading volume – leading to earned fees for liquidity providers.
- 1-2 million more users and an increased use of UNI tokens.
- DeFi developers receive more respect and appreciation
- More people will adopt the Uniswap NFT Platform, since BNB chain has a weaker NFT infrastructure.
Ilia ended his proposal with a succinct statement.
“This is an important decision. Let’s discuss it!”