Temperature Check: Uniswap V3 Deployment On Fantom

A proposal to launch Uniswap’s third generation DEX or V3 on Fantom’s blockchain is currently undergoing a “temperature check” governance vote.The proposal highlighted a market opportunity that could pull in $30-40 million in weekly trading volume while onboarding a scalable network with low transaction fees for usersFantom seems next in line of EVM chains eyed by the leading decentralized exchange after expanding to BNB Chain, DeFi’s second-largest ecosystem by TVL. The Uniswap DAO is currently considering launching the third iteration of its decentralized exchange protocol on Fantom, a layer 1 blockchain with a proof of stake (PoS) consensus model and Ethereum Virtual Machine-compatibility (EVM).