Uniswap V3 Deployed to Boba Network: Faster, Cheaper Transactions Now Available!

  • The Boba Foundation and FranklinDAO proposal to deploy Uniswap v3 on the Boba Network L2 on Ethereum was successful, with a majority of the community voting in favor.
  • Boba Network is the only multichain layer-2 blockchain scaling solution and smart contract platform that enables Web3-Web2 interoperability.
  • Enya Labs is the primary contributor to Boba Network, helping customers and organizations create hybrid on-chain/off-chain DeFi applications atop of Uniswap.

Uniswap Community Votes to Deploy on Boba Network’s Ethereum Layer-2

Proposal Approved by Majority Vote

The Boba Foundation on behalf of the Boba network community is pleased to announce that the governance vote to deploy Uniswap v3 on the Boba Network L2 on Ethereum was successful. Reputable groups like FranklinDAO (formerly Penn Blockchain), GFX Labs, Blockchain at Michigan, Gauntlet, and ConsenSys supported this proposition. A majority of 51.01 million out of 40 million voted in favor of it.

About Boba Network

Boba Network is a multichain layer-2 blockchain scaling solution based on optimism which allows lightning fast transactions with fees significantly lower than layer-1. It supports smart contracts which allow developers to make use off-chain computation and real world data for improved experiences. It has already released multichain support for Avalanche, BNB, Moonbeam, and Fantom.

Enya Labs – Primary Contributor To Boba Network

Enya Labs is a pioneer software framework with focus distributed systems engineering and application development founded by Stanford academics and alumni. Its goal is to maximize potentials of rollup technology for more open communication between web 2 & 3 platforms as well as enabling interoperability between them.

Hybrid Computing Technology For Improved Experiences

With help from better smart contracts enabled by hybrid computing technology brought by Enya labs , developers will be able to provide improved experiences for decentralized apps while allowing users access power of web 2 interfaces within web 3 protocols via interoperability enabled by Boba network .

Uniswap V3 Deployment On The Horizon