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The CEO of 0xPlasma Labs, Ilia, has proposed deploying Uniswap (
$2.81 ) v3 to BNB (
$555.49 ) Chain (Binance), which could bring in an additional $1 billon in Total Value Locked (TVL) and 1-2 million new users. Currently, the proposal is in the discussion stage.
0xPlasma Labs released a proposal to deploy Uniswap ( $2.81 ) v3 to BNB ( $555.49 ) Chain (Binance), from which additional $1B of TVL and 1-2M new users can be obtained. The proposal is currently only in the discussion stage. https://t.co/MnABDTWEMl
— Wu Blockchain (@WuBlockchain) December 12, 2022
Ilia, a long-time supporter and contributor to the Uniswap ( $2.81 ) ecosystem, proposed discussing the possibility of deploying Uniswap ( $2.81 ) v3 on the BNB ( $555.49 ) Chain with the community.
“The Uniswap ( $2.81 ) ecosystem is crucial in developing the global decentralized finance (DeFi) ecosystem. However, it has not yet deployed its protocol to the second-largest blockchain infrastructure by volume and user base, BNB ( $555.49 ) Chain.
Ilia discussed the “miss opportunity” for Uniswap ( $2.81 ) , suggesting the platform could “expand its reach and potentially drive further growth and adoption of DeFi.”
Ilia highlighted that the deployment of Uniswap ( $2.81 ) on the BNB ( $555.49 ) chain could bring several benefits to the Uniswap ( $2.81 ) ecosystem, including:
An additional $1 billion in TVL and increased trading volume – leading to earned fees for liquidity providers.1-2 million new users and increased adoption of UNI tokens.Greater respect and appreciation from DeFi developersMore adoption for the Uniswap ( $2.81 ) NFT platform, as BNB ( $555.49 ) chain has a weaker infrastructure for NFTs.
Ilia concluded his proposal in a concise statement:
“This is an important decision. Let’s discuss it!”
Journalist at CryptoSlate
Josh has been writing for a decade and is passionate about mainstream crypto adoption, bringing positive financial change to the masses through crypto and decentralized finance as a whole.
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