The CEO of 0xPlasma Labs, Ilia, has proposed deploying Uniswap v3 to BNB Chain (Binance), which might herald a further $1 billon in Complete Worth Locked (TVL) and 1-2 million new customers. At present, the proposal is within the dialogue stage.
0xPlasma Labs launched a proposal to deploy Uniswap v3 to BNB Chain (Binance), from which extra $1B of TVL and 1-2M new customers will be obtained. The proposal is presently solely within the dialogue stage. https://t.co/MnABDTWEMl
— Wu Blockchain (@WuBlockchain) December 12, 2022
Ilia, a long-time supporter and contributor to the Uniswap ecosystem, proposed discussing the potential for deploying Uniswap v3 on the BNB Chain with the group.
“The Uniswap ecosystem is essential in growing the worldwide decentralized finance (DeFi) ecosystem. Nevertheless, it has not but deployed its protocol to the second-largest blockchain infrastructure by quantity and consumer base, BNB Chain.
Ilia mentioned the “miss alternative” for Uniswap, suggesting the platform might “increase its attain and probably drive additional progress and adoption of DeFi.”
Ilia highlighted that the deployment of Uniswap on the BNB chain might carry a number of advantages to the Uniswap ecosystem, together with:
- A further $1 billion in TVL and elevated buying and selling quantity – resulting in earned charges for liquidity suppliers.
- 1-2 million new customers and elevated adoption of UNI tokens.
- Better respect and appreciation from DeFi builders
- Extra adoption for the Uniswap NFT platform, as BNB chain has a weaker infrastructure for NFTs.
Ilia concluded his proposal in a concise assertion:
“This is a vital resolution. Let’s focus on it!”