Conflux proposes deploying Uniswap v3, establishing $2M liquidity pool for CFX pairs

Conflux, a regulatory-compliant public blockchain primarily based in China, seeks to deploy v3 on its community, in accordance with a proposal on Uniswap’s governance discussion board on April 7. The transfer comes days after the Uniswap v3 code license expired, enabling builders to fork the protocol and deploy their very own decentralized trade.

As per the proposal, the deployment would supply “entry to tens of millions of potential new customers, notably within the Chinese language and Asian markets.” In keeping with Conflux, the blockchain skilled a spike in visitors within the first quarter of 2023. The community has a market capitalization of almost $1 billion and has $45 million in complete worth locked on-chain.

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