Blockchain
In accordance with the proposal, GFX Labs shall be answerable for the technical deployment of contracts on the goal chain, and the cross-chain bridge shall be offered by Wormhole. Approval of the proposal by Uniswap governance will end in mentioned Uniswap V3 contract being thought of a canonical deployment on Moonbeam.
The Uniswap DAO voted on this challenge final spring. The proposal progressed via Uni’s governance rails, garnering robust group feedback, passing the temperate test, and eventually passing with a near-unanimous YES vote through the on-chain vote. For that proposal, Nomad was the chosen contract deployer and the cross-chain messaging answer.
Regardless of acquiring the license exemption in Might 2022, Nomad by no means began deploying Uniswap V3 contracts on Moonbeam. From Uniswap’s perspective, that is lucky for the reason that delay enabled Uniswap to flee vulnerability to the Nomad bridge exploit on August 1, 2022.
This up to date proposal will embrace architectural and exercise enhancements for each Polkadot and Moonbeam. The Moonbeam Basis’s earlier $2.5M dedication to the Uniswap Grants Program (UGP) has been excluded owing to adversarial market circumstances, though liquidity incentives can be found through the Moonbeam Basis’s Stage 3 award process. This may qualify for the aforementioned award over the approaching few months, permitting for extra frictionless liquidity bootstrapping on Moonbeam.
The present help price for this proposal is 99.99%. The proposal will finish on Might 17. If this vote passes, like all canonical v3 deployments, this deployment shall be ruled and managed by the protocol.
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