Conflux initiated a proposal in the Uniswap community to deploy Uniswap V3 on the Conflux Network to introduce Web2 users to DeFi, increase penetration in the Asian market, and enter the rapidly expanding Conflux ecosystem. The proposal believes that Conflux’s cooperation with Xiaohongshu and China Telecom has led to an influx of a large number of Web2 users. Uniswap can increase liquidity by deploying on Conflux and provide users with new trading opportunities.

The proposal states that after the on-chain vote, the Conflux Foundation can deploy Uniswap V3 on Conflux eSpace, which is expected to take five weeks; a snapshot vote will then be conducted to determine the cross-chain bridge solution, and Multichain will be a possible solution. In terms of incentives, the Conflux Foundation provides a wide range of funding programs and additional rewards for projects built on Uniswap V3 on the Conflux network.