DeFi

Uniswap To Deploy A New Subdomain To Track The Deployment Of V3

Key Points:

The Uniswap community’s proposal on creating v3deployments.uniswap.eth subdomain has been passed.
The proposal seeks to create this subdomain to track the official deployment of V3 on L1 and L2.

On May 5, the Tally voting page shows that the Uniswap community’s proposal on “create v3deployments.uniswap.eth subdomain and populate its text fields” has been voted on the chain, with a final support rate of 99.98%.

Uniswap To Deploy A New Subdomain To Track The Deployment Of V3 2

According to the proposal, the canonical deployment of Uniswap V3 will be recorded in a new subdomain. The proposal seeks to create this subdomain (v3deployments.uniswap.eth) to track the official deployment of V3 on L1 and L2.

Both zkSync and Polygon zkEVM have previously passed governance votes and will be added to this subdomain sometime after the deployment is complete in the future.

This governance proposal would result in 9 function calls. The first transaction establishes the new subdomain, and the following eight add text entries to it.

The text records are formatted as follows: the key is the network number of the chain in question, and the value is a string that includes the address of the bridge sender contract on mainnet associated with the deployment, followed by the UniswapV3Factory address on the destination chain, separated by a space and a comma.

Since 2022, the crypto sector has undergone various changes, but Uniswap has retained its position in the defi area. The platform trade volume has surpassed Coinbase’s for the second month in a row. Another factor that has helped its success is the current PEPE meme fad.

This controversy has heightened interest in non-fungible tokens (NFTs), which are one-of-a-kind digital assets stored on the blockchain. The site has been at the vanguard of the NFT boom, with many users flocking to it to purchase and sell these assets.

As Coincu reported, Uniswap will allow Polygon Laboratories to deploy its V3 on the Polygon Zero Knowledge Ethereum Virtual Machine rollup known as “zkEVM” on behalf of the community, and this idea is gaining momentum.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.