Uniswap DAO Approves Boba Network Deployment in Latest Community Vote With its deployment on Boba Network, Uniswap has the opportunity to expand its community to include the users within Boba’s multichain ecosystem, significantly increasing both its total value locked and its transaction volume. Version 3 (v3) of the decentralized exchange Uniswap will soon be deployed on Boba Network following a favorable community vote. Boba Network is a separate blockchain that works atop Ethereum and allows for cheaper and faster user transactions. Decentralized exchanges (DEX) like Uniswap rely on smart contracts instead of third parties to provide users with financial services, such as lending and borrowing. The Uniswap community voted overwhelmingly in favor of the move. The proposal was backed by FranklinDAO and Ethereum development and investment lab ConsenSys. &quot;The Boba Foundation is granted an additional use grant to use the Uniswap v3 Core software code,&quot; the proposal stated. &quot;As part of this additional use grant, the Boba Foundation receives license to use the Uniswap Code to fully deploy the Uniswap Protocol v3 onto the Boba Network [layer 2] on the Ethereum blockchain.&quot; Read More: <a rel="noreferrer nofollow noopener" href="https://www.coindesk.com/tech/2023/02/07/uniswap-dao-approves-boba-network-deployment-in-latest-community-vote/" target="_blank">https://www.coindesk.com/tech/2023/02/07/uniswap-dao-approves-boba-network-deployment-in-latest-community-vote/</a>