The results are in and the Uniswap community has spoken – an overwhelming 80% of UNI token holders voted in favor of the decentralized exchange’s move to the Binance-backed BNB Chain.
This is a huge show of support and a clear indication that the community sees the potential benefits of this move.
As one of the leading decentralized exchanges, Uniswap has been at the forefront of the decentralized finance (DeFi) movement. But with the V3 protocol accounting for $2.6 billion of the $3.4 billion worth of tokens locked up across five blockchains, it’s clear that there’s still room for growth and improvement.
That’s where BNB Chain comes in. With its large and growing user base, high transaction speeds and low fees, it provides the perfect platform for Uniswap’s DEX services to thrive. And with unique features like staking and cross-chain support, it has the potential to take Uniswap to new heights, possibly bringing in an additional $1 billion in liquidity and attract millions of new users.