ConsenSys provides 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle

Web3 infrastructure developer ConsenSys, the maker of the favored MetaMask digital pockets, has forged 7.03 million votes in favor of a proposal that will see decentralized change Uniswap’s v3 protocol deployed on BNB Chain, in response to information from Tally. The votes are denominated by the variety of underlying UNI owned by ConsenSys, which is value an estimated $47.5 million. On the time of writing, 77.56% of members had been in favor of the proposal, with 22.07% towards it. The week-long voting course of will shut on Feb. 10.

As Cointelegraph beforehand reported, enterprise capital agency Andreessen Horowitz forged a vote towards the proposal. A16z, which reportedly holds 55 million UNI tokens, voted 15 million UNI towards the transfer resulting from its reliance on the Wormhole bridge and as an alternative supported utilizing LayerZero because the interoperability protocol. LayerZero Labs is a part of a16z’s portfolio and raised $135 million in a funding spherical in March, with a $1 billion valuation.

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