The Paligan network will be added to Uni Swap soon

Voting for the addition of Paligan to the networks covered by the decentralized exchange office of Uni Swap ended yesterday, with 99.3% of voters agreeing with the plan. Uni Swap has said it will soon deploy its smart contracts in the Paligan network.

To Report Kevin Telegraph, the Uni-Swap decentralized exchange community, recently approved an important governance plan under which smart contracts of the third version of Uni-Swap will be deployed in the Paligan network. The scheme was implemented through a kind of intra-chain election, in which 76.2 million users participated.

Uniswap Labs has said it will deploy third-party Uni Swap contracts in the Paligan network, with 99.3 per cent of voters agreeing to the plan, and a $ 20 million fund has been set up to implement it. $ 15 million of this amount will be spent on the protocol’s long-term liquidity extraction campaign, and the remaining $ 5 million will be spent on the overall acceptance of Uni Swap in Paligan.

Uni Swap Labs wrote on Twitter yesterday:

Uni-Swap Society Votes to Establish Third Edition of Uni-Swap in Paligan, through a Governance Process [مثبت] have given. Uni Swap Labs will release the third version contracts within a few days [در شبکه پالیگان] Will run.

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Paligan co-founder Mihailo Bjelic said now was a good time to deploy Uni Swap in Paligan, noting that Paligan was the second most powerful decentralized financial ecosystem (DeFi) after Atrium’s main network. Bejlic tends to persuade others to accept Uni Swap financially and technically.

Bejlic announced the proposal on November 20, and users had until December 18 to register their vote. The proposal suggested that deploying the Paligan network could have many benefits. Increasing the number of users, saving on their costs, increasing protocol activity, generating more revenue, capturing the decentralized exchange market, and returning to Difai’s main vision are some of the benefits Bejlic mentioned.

Prior to the intra-chain vote on the plan, Bejlic had published several polls to find out how users felt about the launch of the third version of Uni Swap on the Paligan network.

Finally, the following results were obtained:

The user consensus survey was approved with 44 million votes in favor (98.87%) and 500,000 votes against (1.13%). In another poll, 7.79 million people (almost 100 percent of users) agreed and 101 people (almost zero percent of users) opposed the plan.

Paligan is always trying to maintain its competitive position against the Atrium ecosystem. As a result, it plans to launch a $ 200 million project in partnership with Seven Seven Six. Sun Sun Six is ​​a venture capital firm co-founded by Reddis founder Alexis Ohanian.

The $ 200 million project focuses on supporting and hosting gaming and social networking applications built on the Paligan Network infrastructure. Paligan has grown exponentially this year, launching a total of more than 3,000 decentralized applications and various protocols on the network, and some protocols have migrated to Paligan from other networks.