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UniswapUniswapby0x98e3623bCa45BF01D58E833811882777C8C015F80x98e3…15F8

Temperature Check - Deploy Uniswap V3 on Harmony through an Additional Use Grant to Hermes DeFi

Voting ended about 4 years agoSucceeded

Dear Uniswap community,

Since our initial proposal submission 9 days ago to bring Uniswap V3 technology to Harmony, we have seen an extremely positive response from both the Harmony and Uniswap communities. We have integrated community feedback and compiled a revised proposal and have posted it on the Uniswap governance forum: https://gov.uniswap.org/t/temperature-check-deploy-uniswap-v3-on-harmony-through-an-additional-use-grant-to-hermes-defi/16128

In summary, Hermes DeFi is requesting an Additional Use grant from Uniswap to deploy Uniswap V3 based smart contracts to power a new AMM/DEX on the Harmony blockchain.

In exchange for this permission, the Uniswap DAO will receive:

  1. A 10% allocation of HERMES tokens
  2. 25% of platform trading fees, returned as IRIS (decreasing 5% each year for the next 5 years)
  3. 50% of platform trading fees for the IRIS/1UNI pair, which will have a dedicated farm for the foreseeable future.
  4. 2% of IRIS supply (governance token of Hermes).
  5. Lending and borrowing support for 1UNI upon the launch of our lending market.
  6. The ability to bond 1UNI to earn HERMES as a mechanism of protocol-owned liquidity.

Off-Chain Vote

Yes, grant the license.
8.37K 82.8%
No, do not grant the license.
1.74K 17.2%
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Timeline

Feb 09, 2022Proposal created
Feb 09, 2022Proposal vote started
Feb 14, 2022Proposal vote ended