Uniswap Governance Approach: The Official Deployment on L1 and L2 After BSL Expiration

On March 31, according to official news, due to the expiration of the commercial source code license (BSL) for Uniswap v3 on April 1, 2023, the Uniswap Foundation proposed a Uniswap governance approach to determine the “official” Uniswap deployment on L1 and L2 after the expiration of the BSL on April 1, and is currently collecting feedback from the community to facilitate this process.

Uniswap Foundation: For BSL expiring tomorrow, it has proposed governance for “official” Uniswap deployments on L1 and L2

Introduction

On March 31, Uniswap foundation announced their proposal to determine the official deployment of Uniswap v3 after the expiration of the commercial source code license (BSL) on April 1, 2023. The proposal involves a Uniswap governance approach on determining the deployment of Uniswap on L1 and L2 after the expiration of BSL. The current proposal is collecting feedback from the community to simplify the decision-making process.

Uniswap v3 and BSL

Uniswap v3 is the latest version of the Uniswap protocol, a decentralized exchange that enables the exchange of ERC-20 tokens without the need for an intermediary. BSL is a commercial source code license that secures the software’s commercial use. It limits the number of transactions that can occur within a period and prohibits the creation of an experimental fork or reproduction of the software.

Current Deployment

Currently, Uniswap v3 has two deployment locations, L1 and L2. L1 refers to the Ethereum blockchain, while L2 refers to the layer-2 Ethereum scaling solutions. The current deployment of Uniswap v3 is under the BSL license, which will expire on April 1, 2023.

The Proposal

The Uniswap governance approach proposal seeks to determine the official deployment of Uniswap on L1 and L2 after the expiration of BSL. The proposal has two main phases:

Phase 1: Feedback Collection

The Uniswap foundation will collect feedback from the community on the proposed implementation of L1 and L2 deployment after the expiration of BSL. The feedback collection phase aims to understand the community’s preferences and concerns regarding the deployment location of Uniswap v3 after BSL expiration.

Phase 2: Governance Decision

After collecting feedback, the Uniswap foundation will use a governance decision-making process to determine the deployment location of Uniswap v3. The governance decision-making process will involve token holders, liquidity providers, and other community members.

Benefits of the Proposal

The Uniswap governance approach proposal brings several benefits to the Uniswap protocol and the community, including:

Simplifying Decision-Making Process

The community has been voicing its concerns about the confusion surrounding the deployment decision of Uniswap v3 after BSL expiration. The governance approach proposal aims to simplify the decision-making process by involving the community in the decision-making process.

Improving Protocol Security

The governance approach proposal will improve the Uniswap protocol’s security by strengthening the community’s involvement in the decision-making process.

Promoting Community Engagement

The governance approach proposal promotes community engagement by creating room for the community to express its preferences and concerns. The proposal ensures the community associates with the decision-making process.

Conclusion

The Uniswap governance approach proposal is a positive step towards involving the community in the decision-making process of the Uniswap protocol. By collecting feedback and using a governance decision-making process, the community can ensure the Uniswap protocol’s smooth functioning and security.

FAQs

1. What is Uniswap v3?

Uniswap v3 is the latest version of the Uniswap protocol, a decentralized exchange that enables the exchange of ERC-20 tokens without the need for an intermediary.

2. What is BSL?

BSL is a commercial source code license that secures the software’s commercial use. It limits the number of transactions that can occur within a period and prohibits the creation of an experimental fork or reproduction of the software.

3. How will the community benefit from the governance approach proposal?

The governance approach proposal promotes community engagement by creating room for the community to express its preferences and concerns. The proposal ensures the community associates with the decision-making process.