Uniswap Foundation Proposes Cross-Chain Deployment and Creation of New Uniswap.eth Subdomains

04/07/2023 01:19 • AI & Tech Insights • 102 views

On April 7th, Erin Koen, the new governance director of the Uniswap Foundation, released a heat check proposal on cross chain deployment and the creation of new Uniswap. eth sub domains after the expiration of the Commercial Source Code License (BSL). Erin Koen stated that it would be beneficial to determine an official Uniswap V3 deployment for each chain after the BSL expires, in order to provide security guarantees for users and clarify Uniswap governance. In addition, in order to maintain consistency with the governance process recommended after the BSL expires, the Uniswap Foundation recommends creating a new ENS sub domain v3 deployments. uniswap.eth to track the official deployment of Uniswap v3 on L1 and L2. The deadline for this vote is April 14th at 06:29.

Uniswap Foundation serves as the governance director and issues a heat check proposal for cross chain deployment after the expiration of commercial source licenses

The Uniswap Foundation has been gaining quite a bit of attention lately with their latest proposal to create a new Uniswap.eth subdomain after the Commercial Source Code License (BSL) expires. Erin Koen, the new governance director at the Uniswap Foundation, released a heat check proposal on April 7th that outlines cross-chain deployment and the benefits of creating new Uniswap subdomains. In this article, we will discuss the proposal and its implications for the Uniswap community.

Overview of the Proposal

Erin Koen’s proposal emphasizes the importance of deploying Uniswap V3 on each chain after the BSL expires in order to provide security guarantees for users and clarify Uniswap governance. It is recommended that an official Uniswap V3 deployment be determined for each chain after the BSL expires. Furthermore, the Uniswap Foundation recommends creating a new ENS subdomain, v3.deployments.uniswap.eth, to track the official deployment of Uniswap V3 on L1 and L2.
The proposal highlights that the creation of subdomains will help maintain consistency with the governance process recommended after the BSL expires. The idea is to establish these subdomains as a best practice so that other projects inspired by Uniswap can follow suit.

The Benefits of Creating New Subdomains

The proposal also stresses the importance of creating new Uniswap.eth subdomains, which will allow for greater flexibility in the future. In the current Uniswap ecosystem, there is only one subdomain, uniswap.eth, which is used for all governance decisions. However, as Uniswap continues to grow, this subdomain may become overcrowded and difficult to manage.
Creating new subdomains for specific purposes, such as tracking official deployments or handling specific governance decisions, will provide a more organized and streamlined approach to Uniswap governance. Additionally, it will allow for scalability and future-proofing as the Uniswap ecosystem expands.

The Vote

The deadline for voting on this proposal is April 14th at 06:29. If the proposal is approved, the Uniswap Foundation will move forward with the deployment of Uniswap V3 on each chain and the creation of the new ENS subdomain, v3.deployments.uniswap.eth.

Conclusion

The Uniswap Foundation’s proposal to create new Uniswap.eth subdomains and deploy Uniswap V3 on each chain is an exciting development for the Uniswap community. The proposal’s emphasis on security guarantees, clarity in governance, and scalability will help ensure Uniswap’s continued success. Furthermore, creating the new subdomains will allow for greater flexibility and a more streamlined approach to governance decisions.

FAQs:

1. What is the deadline for voting on this proposal?
– April 14th at 06:29.
2. Why is it important to create new Uniswap.eth subdomains?
– Creating new subdomains will allow for greater flexibility, scalability, and a more organized approach to governance decisions.
3. What will happen if the proposal is approved?
– The Uniswap Foundation will move forward with the deployment of Uniswap V3 on each chain and the creation of the new ENS subdomain, v3.deployments.uniswap.eth.

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