[RFC] Nibiru Application for Canonical Uniswap V3 Deployment

1

Proposal Summary

  • The purpose of this post is to apply canonical Uniswap V3 deployment on Nibiru
  • All of the Uni v3 contracts have already been deployed
  • No further actions need to be taken by the DAO

About Nibiru

Nibiru is a high-performance blockchain that integrates multiple virtual machines (MultiVM) into its architecture, achieving fast finality with a block time of less than 1.8 seconds and robust security. Backed by $20.5 million in funding from NGC Ventures, HashKey Capital, Kraken Ventures, and Tribe Capital, Nibiru enables developers to build and deploy smart contracts across different virtual machines, such as the Ethereum Virtual Machine (EVM) and WebAssembly (Wasm), without the need for secondary chains or rollups. This monolithic architecture ensures parallel execution, strong consensus, and a streamlined user experience—suiting both sophisticated DeFi use cases and more retail-friendly applications like memecoins and NFTs.

As a multiVM smart contract platform, Nibiru dissolves the technical barriers that traditionally fragment ecosystems, allowing dApps optimized for different VMs to trustlessly interact and share liquidity. This interoperability ensures that any application can benefit from being deployed on Nibiru, gaining access to new audiences while providing users with useful utility. Since the mainnet launch, a diverse array of protocols across various sectors are establishing a foothold on Nibiru, working together to catalyze the ecosystem’s growth.

Integration Overview

GFX Labs, a key contributor to the Uniswap ecosystem, has deployed the Uniswap v3 contracts as well as Oku on Nibiru. Oku offers advanced trading features, including market and limit orders, and supports liquidity provider (LP) strategies for efficient rebalancing. ​

With this deployment, the Nibiru team has been actively recommending Uniswap to its dApp partners as the go-to platform for liquidity, as well as providing incentives for TVL growth via points as part of Nibiru’s EVM mainnet campaign.

Expanding Uniswap Features

Nibiru is working with dApp partners to expand functionality for Uniswap. For instance, Swify is underway to create a minimalist user-friendly front-end for interacting with the Uniswap v3 contracts.

A large part of Nibiru’s growth strategy is supporting structured products, which require deep liquidity pools for liquidation engines and yield strategies. For example, LayerBank and Friendly’s lending markets will rely on Uniswap’s liquidity to support their liquidation engine. Meanwhile Ichi will provide automated, single-token liquidity vaults that dynamically manage users’ concentrated liquidity positions on Uniswap.

Key Yield-Bearing Assets

Nibiru leverages the latest interoperability technologies such as LayerZero and Stargate to facilitate seamless cross-chain asset transfers. This allows yield-bearing stablecoins like SyrupUSDC and oUSD to be bridged to Nibiru and take part in these structured products. Nibiru plans to commit TVL for these assets on Uniswap to bootstrap liquidity, as well as include them in the points program.

Another example is B^2 Network, which is bridging over uBTC via Hyperlane for additional yield opportunities, and plans are also in place to bootstrap liquidity on Uniswap for uBTC.

Nibiru Chain’s high-performance infrastructure and multiVM smart contract platform, combined with its strategic integrations and business development efforts, positions it as a valuable, ongoing partner for Uniswap’s growth. By targeting specific use cases and structured products, Nibiru enhances Uniswap’s reach and utility across the blockchain landscape.

Proposal Stakeholders

Proposer: Nibiru Foundation

Deployer: GFX Labs

Bridge Provider: Wormhole

Target Chain: Nibiru

Proposal Sponsor: N/A

Deployment Details

As is the case with all canonical v3 deployments, this deployment will be subject to Ethereum Layer 1 Uniswap Protocol governance and control. The text record of the uniswap.eth ENS subdomain titled v3-deployments.uniswap.eth will be amended by the Accountability Committee to include the reference to the stated v3 contracts. The below contracts have been verified.

Timeline

Uniswap V3 has already been deployed on Nibiru.

2

This proposal has successfully completed the optimistic approval period, canonicalizing the associated contracts as the official v3 deployment on Nibiru. The UAC will update the v3-deployments.uniswap.eth registry to reflect this addition.

1 Like