Uniswap officially launched on Binance Chain

Uniswap announced the launch of BNB Chain on the 15th. It said that, like Polygon and Arbitrum, BNB Chain provides faster and cheaper transactions than Ethereum, allowing Uniswap to gain more users.

According to DeFi Llama, Uniswap has previously integrated five blockchains, and the assets parked on Ethereum are the largest: US$3.21 billion.

However, it remains to be seen whether Uniswap can compete with PancakeSwap, BNB Chain’s current largest currency exchange protocol. PancakeSwap integrates three blockchains, and BNB Chain has 2.35 billion parked assets.

The proposal was once rejected by a16z

The "Deploy BNB Chain" proposal launched by the currency exchange platform Uniswap on February 3, when the governance vote began on February 5, due to the huge voting power of the venture capital institution a16z (15 million votes), it was strongly inclined to veto, triggering Binance founder Changpeng Zhao complain. However, many large vote positions soon appeared, overwhelming a16z’s opposition votes. The first place was Ethereum technology company Consensys with 7 million votes, and the second place was Compound founder Robert Leshner’s 5.76 million votes. These large vote positions were added one after another after the a16z vote, which significantly reversed the election after 2/6, and finally decided the result on 2/10.

This article, the founders of Consensys and Compound are pouring votes to fight against a16z, Uniswap is listed on Binance Chain to compete with Pancake. It first appeared on Chain News ABMedia.