Uniswap (UNI) Community Votes to Launch on Binance’s BNB Chain
The community members of decentralized exchange Uniswap have cast their vote to launch the crypto project on Binance's blockchain, BNB Chain.
In a recent proposal submitted to the Uniswap decentralized autonomous organization (DAO), 66% of the members voted to deploy the Ethereum (ETH)-based DEX onto Binance’s blockchain. 84.8 million votes were cast, but only 8.4% of the community participated in the voting process.
Support from key players
The resolution received support from several prominent players in the crypto industry, including ConsenSys, the creators of MetaMask, and GFX Labs. These companies cast 7.03 million, 4.92 million, and 5.76 million votes, respectively.
Opposition from major players
On the other hand, some of the most significant voters against the proposal included Andreessen Horowitz, Jesse Walden (jessewldn), and blockchainucla. These entities cast 15 million, 8 million, and 4.5 million votes, respectively.
No significant impact on the UNI price
The outcome of the vote had little impact on the price of UNI, which is currently trading around $6.5, with a 2% increase from the previous day.