According to the Snapshot voting page, the Uniswap community passed the temperature check vote for the proposal to "deploy Uniswap V3 on Fantom" with 84.48% support. The vote was jointly initiated by Blockchain Columbia, Fantom and Axelar teams.
It estimates that if the deployment is completed, 30% of Fantom's current DEX trading volume will flow to Uniswap. Based on the above data, Uniswap will receive about $30 million to $40 million in trading volume per week and be deployed on a highly compatible, low-cost chain to test new products and attract users. The deployment and its costs will be covered by the Fantom Foundation and Axelar. Therefore, no grants or subsidies will be provided to Uniswap.
After the on-chain voting is completed, Axelar will be responsible for the deployment of Uniswap V3 smart contracts on Fantom, while Uniswap Labs will be responsible for front-end integration. The review is expected to take approximately 4-6 weeks.
