Uniswap V3 deploying on Polygon has this impact on UNI prices
Uniswap has been in a downtrend for almost a month now. During this time it has made several records and network developments but they failed to resuscitate the price movement. However, the most recent announcement might do what other developments couldn’t.
A couple of days ago, Uniswap held voting on a proposal that would decide whether or not V3 would be deployed on Polygon. The proposal passed successfully and it received over 72 million votes in favor of deploying the protocol.
Uniswap voting conclusion | Source: Uniswap
For Uniswap users this is a big relief from the high gas fees of Ethereum which continues to push investors away from the network.
Although Polygon’s gas fees too can sometimes climb charts under certain circumstances, on
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