Uniswap Officially Expands To BNB After Successful Governance Proposal

Uniswap, the biggest decentralized exchange protocol by trade volume, has launched on BNB Chain, a decentralized EVM-compatible smart contract blockchain founded by Binance. The move follows a successful governance proposal to deploy on BNB Chain in February, as well as contentious governance deliberations to determine a bridge solution for the deployment.

With this expansion, Uniswap Protocol users will be able to trade and swap tokens across the network by taking advantage of the comparatively low transaction fees of BNB Chain.

Also, with the flourishing and devoted community of BNB Chain, as well as its scalability and accessibility, it has quickly become a launchpad for all things Web3, where protocols looking to reach a larger audience can grow, says Alvin Kan, the Director of Growth for BNB Chain.

He said that the team is encouraged by the continued dedication of Uniswap to providing value to its users and laying the groundwork for the future of decentralization.