The placement of Uniswap v3 contracts on the POS Polygon network was approved by the Uniswap community in the format of a network vote, which included the opinion of 72.6 million community users. More than 99.3% of the votes were positive. About $20 million will be allocated from the funds for long-term liquidity extraction and $5 million for the implementation of Uniswap at the landfill (MATIC).
According to Polygon CEO, Mikhail Bjelic, it will be beneficial for Uniswap to develop its activities on Polygon at the moment, similar to the weight of the DeFi ecosystem immediately after Ethereum L1. The entrepreneur also added that he has the opportunity to sponsor the implementation of Uniswap in financial and technological terms. This company can bring a number of advantages, ranging from an increase in the number of users, their higher activity, ending with more economical solutions for users and high income for the company. As well as taking over the market and returning to the original vision of DeFi.
Before the voting began, Mikhail Bielich published a set of consensus checks to assess the loyalty of the audience, which was to decide the fate of Uniswap v3. And the results were as positive as possible.
As Polygon strives to maintain competitiveness in the Ethereum ecosystem, the community has announced a $200 million initiative with Seven Seven Six, a venture capital firm owned by Reddit co-founder Alexis Ohanian.
According to Cointelegraph, the main activity will be based on providing gaming applications and social networking platforms built on the Polygon infrastructure. The popularity of Polygon this year is due to the launch of more than 3,000 decentralized network applications, the launch of other protocols and cross-chain migration.