Proposal #16

Deploy Uniswap v3 on Celo

executed

Payment status

Description

Deploy Uniswap v3 on Celo

Dear Uniswap community,

A few weeks ago we (Blockchain at Michigan in partnership with the Celo Foundation and the Celo Climate Collective) submitted a proposal to deploy Uniswap V3 on Celo to launch “Green Asset” Liquidity Pools and expand access to Uniswap to the 6B smartphone users around the world.

We initiated the Temperature Check and Consensus Check on Snapshot, where the proposal received strong support from the Uniswap community (~100%) voted yes for the proposal. Before putting forth the formal on-chain governance proposal, we wanted to ensure we worked closely with Uniswap Labs and the Uniswap community to put forth clear documentation on the cross-chain governance bridging. We believe this proposal is a first step in a long and fruitful collaboration between the Celo and Uniswap communities—a journey we are particularly excited to embark on.

We’re excited to initiate the formal governance proposal. We’d love to receive your support in this proposal. The proposal discussion can be found here

Description

In partnership with the Celo Foundation and the Celo Climate Collective, we propose to authorize the deployment of the Uniswap protocol to Celo on behalf of the community.

Celo is a mobile-first, carbon-negative, EVM-compatible blockchain. Specifically, we propose launching Uniswap on the Celo platform to:

Increase Uniswap’s presence through $10M in financial incentives to Uniswap users, as well as additional grant funding provided by the Celo Foundation to utilize Uniswap as a financial building block
Bring Uniswap V3’s increased capital efficiency to the 6B smartphone users around the world
Create green asset liquidity pools with natural capital backed assets such as tokenized carbon credits (e.g. MCO2, TCO2, and GNT) and future nature backed assets issued on Celo like land and forests
Use Uniswap as a decentralized mechanism to rebalance the Celo Reserve with nature backed assets rather than relying on centralized exchanges
Foster pathways for future green use cases on Uniswap

Overall, we believe the Uniswap community’s mission of creating a trustless and decentralized financial infrastructure accessible to anyone aligns with Celo’s vision of tackling climate change and achieving prosperity for all. The full proposal including information on incentives and governance bridging can be found here

For59,556,015100%

Against1,470

Abstain206,276

Quorum100%

Timeline

Pending
Active
· block 14,637,578
block 14,637,578 → 14,677,898
Succeeded
· block 14,677,898
Queued
· block 14,744,592
Executed
· block 14,776,273

Votes863

0x2B1A…5fF4For · 13,500,027 UNI

0x7AE1…E585For · 4,624,785 UNI

0x2b08…2f86For · 4,609,984 UNI

0x47C1…4770For · 4,500,000 UNI

0x32b8…bA9fFor · 3,501,375 UNI

0x8d07…A265For · 3,500,479 UNI

0x067b…4A76For · 3,300,347 UNI

0x0703…961bFor · 3,000,000 UNI

0x13BD…8548For · 2,500,037 UNI

0x535b…723AFor · 2,500,001 UNI

0xFd72…6873For · 2,500,000 UNI

0xdC1F…E432For · 2,500,000 UNI

0x590f…D954For · 2,500,000 UNI

0xB777…E1a5For · 2,500,000 UNI

0x29f3…666eFor · 2,500,000 UNI

0xaA73…F02cFor · 1,000,000 UNI

0x5B3b…7c98For · 501,012 UNI

0xA7F6…d555Abstain · 206,276 UNI

0x0ae2…4281For · 12,031 UNI

0xF484…b4FcAgainst · 1,470 UNI

0x1a67…1fA3For · 686 UNI

0x9810…A2d6For · 400 UNI

0xB584…BF2FFor · 399 UNI

0xd352…8E0cFor · 398 UNI

0x4714…fc11For · 359 UNI

0x17df…3335For · 335 UNI

0xEf19…58f8For · 326 UNI

Celo needs a better Swap.

0x3CfC…5fe9For · 320 UNI

0xCEeF…8eC4For · 250 UNI

0x45E6…33f1For · 139 UNI

0xB7BD…4AD1For · 134 UNI

0x92a4…060eFor · 119 UNI

0xd7b2…4489For · 101 UNI

0xAB88…afA2For · 100 UNI

0xD036…1Bf8For · 90 UNI

0x6E20…304bFor · 64 UNI

0xEccC…1D15For · 57 UNI

0xa227…1d47For · 51 UNI

0xF6f7…2F72For · 40 UNI

0xB6bd…65BCFor · 35 UNI

0x987f…e999For · 32 UNI

0x04b6…a34eFor · 29 UNI

0x810d…B139For · 25 UNI

0x60C6…aC7AFor · 22 UNI

0x4C07…896dFor · 19 UNI

0x4Aad…c213For · 16 UNI

0x3919…caDfFor · 16 UNI

0x6A62…eB17For · 12 UNI

0xf63f…c5d8For · 12 UNI

0x910c…3598For · 12 UNI

Voting timeline

Proposal actions

Caller

setText

node, key, value

nodebytes32: 0xa35d592ec6e5289a387cba1d5f82be794f495bd5a361a1fb314687c6aefea1f4
keystring: Celo Uni v3 Additional Use Grant
valuestring: The Celo Foundation and cLabs (“Celo”) … (683 chars)
The Celo Foundation and cLabs (“Celo”) are granted an additional use grant to use the Uniswap V3 Core software code (which is made available to Celo subject to license available at https://github.com/Uniswap/v3-core/blob/main/LICENSE (the “Uniswap Code”)). As part of this additional use grant, Celo receives license to use the Uniswap Code for the purposes of a full deployment of the Uniswap Protocol v3 onto the Celo blockchain. Celo is permitted to use subcontractors to do this work. This license is conditional on Celo complying with the terms of the Business Source License 1.1, made available at https://github.com/Uniswap/v3-core/blob/main/LICENSE.

Deploy Uniswap v3 on Celo

Dear Uniswap community,

We’re excited to initiate the formal governance proposal. We’d love to receive your support in this proposal. The proposal discussion can be found here

Description

In partnership with the Celo Foundation and the Celo Climate Collective, we propose to authorize the deployment of the Uniswap protocol to Celo on behalf of the community.

Celo is a mobile-first, carbon-negative, EVM-compatible blockchain. Specifically, we propose launching Uniswap on the Celo platform to:

Increase Uniswap’s presence through $10M in financial incentives to Uniswap users, as well as additional grant funding provided by the Celo Foundation to utilize Uniswap as a financial building block

Bring Uniswap V3’s increased capital efficiency to the 6B smartphone users around the world

Create green asset liquidity pools with natural capital backed assets such as tokenized carbon credits (e.g. MCO2, TCO2, and GNT) and future nature backed assets issued on Celo like land and forests

Use Uniswap as a decentralized mechanism to rebalance the Celo Reserve with nature backed assets rather than relying on centralized exchanges

Foster pathways for future green use cases on Uniswap

The Celo Foundation and cLabs (“Celo”) are granted an additional use grant to use the Uniswap V3 Core software code (which is made available to Celo subject to license available at https://github.com/Uniswap/v3-core/blob/main/LICENSE (the “Uniswap Code”)). As part of this additional use grant, Celo receives license to use the Uniswap Code for the purposes of a full deployment of the Uniswap Protocol v3 onto the Celo blockchain. Celo is permitted to use subcontractors to do this work. This license is conditional on Celo complying with the terms of the Business Source License 1.1, made available at https://github.com/Uniswap/v3-core/blob/main/LICENSE.