[RFC] Deploy Uniswap v3 on X Layer

Based on the general consensus and comments by @0xkeyrock.eth and @kfx, we agree to go ahead without the $UNI matching for the time being

Blockworks Research will vote for this deployment without any incentives based on the prior discussion from previous delegates. If there’s established precedent that Uniswap has launched elsewhere with low TVL without incentives than that precendent should remain. However, we would like to revisit this discussion if possible at a later date.

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The following reflects the views of L2BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.

We’ll be voting AGAINST the proposal.

Having followed the discussion around the proposal both in the forum and on Telegram, we see that OKX’s TVL is considerably low and liquidity too concentrated to warrant incentives at this point. Additionally, with OKX team deciding not to go forward with incentives at this time anyway, we don’t see a reason to vote in favor of the proposal regardless of their TVL.

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We greatly appreciate the valuable feedback provided by all the Uniswap delegates such @Doo_StableLab @0xkeyrock.eth @kaereste @BlockworksResearch and @Juanbug. Also special thanks to @wario for committing to support this deployment with Revert Finance

X Layer will submit a new follow up proposal for the Uniswap onboarding package once we are able to build a stronger case for the same based on feedback provided by Uniswap delegates.

Based on the above feedback, our counter proposal is as follows:

  • Uniswap to provide the front end cost for Oku Trade
  • X Layer to provide $1m of liquidity for a minimum of 6 months via a community multisig as stated in the above proposal

A new snapshot vote will be created for the counter proposal in the coming days

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Snapshot vote for our revised proposal is now live: https://snapshot.org/#/uniswapgovernance.eth/proposal/0x6ded62e81a99ac1c6e9539aa79f5c15d0abaf6d41ae9f862d3e43d0b95139cda

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Thank you for accepting feedback from the community. Therefore, we support the revised proposal.

We offer again from SEED Gov to be on part of Uniswap Delegates to be one of the signers of the community multisig, you can count on us.

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Onchain vote is now live

https://www.tally.xyz/gov/uniswap/proposal/67

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Consistent with our vote in the Temp Check (For), we voted in favor of this proposal, understanding that it is beneficial for Uniswap to deploy in X Layer, taking charge only of the cost of the frontend and without assigning incentives for the moment, committing the proponent to allocate 1M for liquidity for a minimum term of 6 months via community multisig.

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Gm everyone

The results are in for the Deploy Uniswap v3 on X Layer on-chain proposal.

See how the community voted and more Uniswap stats:

https://dhive.io/proposal/1041

The following reflects the views of L2BEAT’s governance team, composed of @krst and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.

Unfortunately, we missed the voting deadline both on Snapshot and Tally. However, we wanted to comment to signal our support for the proposal. If we hadn’t missed the voting timeframe, we would have voted in favor.