• Polygon zkEVM has been voted to integrate Uniswap as a voting pass.
• The UNI token holders unanimously voted in favor of the deployment.
• This was made official on April 14th, 2023 at 12:45 PM GMT.
Polygon zkEVM to Integrate Uniswap
Polygon zkEVM is set to integrate Uniswap with a unanimous vote from UNI token holders. This integration will make it easier for users to access decentralized finance (DeFi) protocols such as Uniswap.
UNI Token Holders Vote Unanimously
The vote by UNI token holders was done on April 14th, 2023 at 12:45 PM GMT and passed with a unanimous decision in favor of the deployment of Uniswap on Polygon zkEVM. This will allow Polygon users to access DeFi protocols like Uniswap much more easily and securely.
Benefits of Polygon Integration for Uniswap
By integrating with Polygon, users can benefit from lower trading fees, faster transactions and improved security compared to other blockchain networks. Additionally, the integration will help increase liquidity on the platform by allowing users to take advantage of decentralized exchanges without having to pay high costs associated with Ethereum gas fees.
What is Polygon?
Polygon is an Ethereum scaling solution that uses Layer 2 technology such as Optimistic Rollups and ZK-Rollups. It provides an efficient way for developers to deploy their projects on Ethereum without having to deal with high transaction costs or slow confirmation times associated with using the mainnet directly.
What is Uniswap?
Uniswap is a decentralized exchange protocol built on top of Ethereum that allows users to trade ERC20 tokens without needing a centralized party or order book system in place. The protocol is designed so that any user can add liquidity into a pool which then allows them to trade tokens within it without having any prior experience in trading or financial markets knowledge required.