After passing the Temperature Check vote with 7M UNI voting in favor of deploying Uniswap v3 on Gnosis Chain (GC), and Consensus Check with 14M UNI voting, we are now posting this proposal as an on-chain governance proposal. To ensure the proposal executes as expected, we have provided a simulation of the transactions.
Here is a link to the Consensus Check Discussion.
In production since 2018 (as the xDai Chain), the rebranded Gnosis Chain is rapidly evolving with a new focus and mission. Gnosis Chain (GC) provides a real-world value chain that closely mirrors the Ethereum 2.0 ecosystem. This includes a beacon chain framework, rollups, and other vital functionality. GC will serve in a front-running capacity for important Ethereum 2.0 updates.
Tuned parameters on Gnosis Chain enable faster blocks and epochs, low-cost stable transactions, and the opportunity to construct trustless bridges and conduct seamless transfers between GC and the Ethereum 2.0 mainnet.
The Gnosis Chain team is committed to ecosystem development, adoption, and growth as the Eth2.0 landscape comes into focus. With a mission to "accelerate Ethereum," Gnosis Chain is poised for expansion. With this in mind, we propose a Uniswap v3 deployment to Gnosis Chain. We believe there are many benefits for both Uniswap Labs and Uniswap users, some of which include:
A DeFi ecosystem primed for growth. Once deployed, Uniswap would become a cornerstone DeFi engine for protocols using and interacting within the ecosystem. Perpetual Protocol is a flagship protocol on GC that relies on Uniswap v3. This deployment will enable Perpetual to continue to flourish on the Gnosis Chain. Additional bluechip app deployments with growing TVL include Curve, Sushiswap, and Tornado Cash, with many new and promising DeFi projects choosing Gnosis Chain as their home base. A list of current projects is available at https://gnosischain.world/
An iterative environment. Uniswap Labs can experiment with new functionality and alpha test new features in a real-value environment (which differs from a test environment in that users behave differently with value on the line, token supply is limited, real adversaries exist, etc). Uniswap can spot and remediate any final potential issues stemming from important Ethereum updates prior to mainnet activation and take advantage of optimized slot and epoch times for faster iteration.
Tight Ethereum compatibility. Tools, resources, projects, and protocols supported by Ethereum are already supported on Gnosis Chain, with more onboarding regularly. Gnosis Safe is facilitating daily operations for many existing projects. A trustless bridge architecture designed to connect Ethereum and Gnosis Chain is in the works. The Gnosis Beacon Chain validator set is expanding rapidly bringing massive decentralization to the chain.
The primary differences separating the GBC from the Ethereum Beacon chain include 5-second blocks and < 2-minute epochs, stable transactions with a max target of $.01 per 100K gas, and an economically and geographically diverse validator set, and a lower-stakes, lower-TVL environment.
Unique chain characteristics. Stable, low-cost transactions provide unique opportunities for Uniswap users. When gas costs are known and have a low impact on trade decisions, new strategies and approaches emerge which are currently untenable on the Ethereum mainnet or other chains with wide-ranging fee variability.
User incentives. A large directive for the Gnosis Chain is to increase the user base and on-chain activity by strategically allocating funds from the GnosisDAO treasury to promote adoption. An ecosystem fund has been created for this purpose, and we propose to use a portion of these funds to promote Uniswap v3 on Gnosis Chain. We propose providing up to $10M to incentivize the adoption of Uniswap v3 on Gnosis Chain.
The $10M will be provided in GNO to foster the usage of Uniswap v3 on Gnosis Chain. The incentives should be designed together with other projects, which are operating on top of Uniswap v3 such as Perpetual Protocol, Gelato, or Stakewise. This should allow for more sustainable utilization of Uniswap as Gnosis Chain doesn't have a team dedicated to Uniswap v3. The GNO can be used to incentivize liquidity but should not be limited to this use case. Anything increasing usage of Uniswap v3, including building new applications on top of Uniswap v3 should be supported. The goal is to spend the $10M in the time period of 2 years. Funds not used after two years would go back to GnosisDAO. The spending is limited to $10M and the transferred amount of GNO as part of the proposal. GnosisDAO can decide to top up this amount based on the outcome of this initiative.
Since the Temperature Check, we have discussed with stakeholders within the Uniswap ecosystem, who have expressed a desire to see trust-minimized bridges used for governance for new Uniswap v3 deployments. In addition, we've also seen the Nomad team's proposal to deploy v3 on Moonbeam, which includes a section addressing this, as well as documenting the current fragmented approach to governance across various v3 deployments.
In the interest of taking a standardized approach to cross-chain governance of v3 deployments moving forward, we've partnered with the Nomad team to leverage the Nomad generalized message passing channels to manage the governance of the Uniswap v3 deployment on Gnosis Chain.
We believe that Nomad is the best solution for cross-chain governance, as it:
Nomad will be deployed on Gnosis Chain shortly and will leverage Gnosis Zodiac Modules as part of its governance stack.
We are excited about partnering with Nomad to create a trust-minimized governance stack that can offer a standard for the Uniswap ecosystem.
We are requesting an exemption that will allow Gnosis Ltd. to use the Licensed Work to deploy it on Gnosis Chain, a layer 1 blockchain with deep connections to Ethereum, provided that the deployment is subject to Ethereum layer 1 Uniswap Protocol governance and control.
Following the Consensus Check phase, we will submit this proposal shortly after to an on-chain vote. Provided that the proposal passes both steps, and all governance systems have been built and audited, we will be ready to move forward with the Uniswap v3 deployment on Gnosis Chain.
As the proposal funding has to come from GnosisDAO, this proposal has to be accepted by both: UNI and GNO token holders. The execution of this proposal is dependent also on the acceptance of the proposal by GnosisDAO. The GnosisDAO proposal has to include the setup of the multi-sig and the allocation of GNO and would be executed once it is accepted by GNO token holders. Two singers from the Uniswap community and two singers from the GnosisDAO community should be selected to participate in the multisig wallet.
The Gnosis Chain is preparing for substantial growth in the coming year. We have implemented an aggressive infrastructure grants program including large grants to Nethermind, Lighthouse and Erigon client teams to support base-layer functionality and security. The ecosystem fund will bring in many new projects, and we feel Uniswap v3 is an essential component that will serve as a foundational layer for this growth.
We welcome any questions and comments and are happy to provide any clarifications as needed. We are excited to submit this proposal to the Uniswap community and look forward to your feedback! Thank you.
After passing the Temperature Check vote with 7M UNI voting in favor of deploying Uniswap v3 on Gnosis Chain (GC), and Consensus Check with 14M UNI voting, we are now posting this proposal as an on-chain governance proposal. To ensure the proposal executes as expected, we have provided a simulation of the transactions.
Here is a link to the Consensus Check Discussion.
In production since 2018 (as the xDai Chain), the rebranded Gnosis Chain is rapidly evolving with a new focus and mission. Gnosis Chain (GC) provides a real-world value chain that closely mirrors the Ethereum 2.0 ecosystem. This includes a beacon chain framework, rollups, and other vital functionality. GC will serve in a front-running capacity for important Ethereum 2.0 updates.
Tuned parameters on Gnosis Chain enable faster blocks and epochs, low-cost stable transactions, and the opportunity to construct trustless bridges and conduct seamless transfers between GC and the Ethereum 2.0 mainnet.
The Gnosis Chain team is committed to ecosystem development, adoption, and growth as the Eth2.0 landscape comes into focus. With a mission to "accelerate Ethereum," Gnosis Chain is poised for expansion. With this in mind, we propose a Uniswap v3 deployment to Gnosis Chain. We believe there are many benefits for both Uniswap Labs and Uniswap users, some of which include:
A DeFi ecosystem primed for growth. Once deployed, Uniswap would become a cornerstone DeFi engine for protocols using and interacting within the ecosystem. Perpetual Protocol is a flagship protocol on GC that relies on Uniswap v3. This deployment will enable Perpetual to continue to flourish on the Gnosis Chain. Additional bluechip app deployments with growing TVL include Curve, Sushiswap, and Tornado Cash, with many new and promising DeFi projects choosing Gnosis Chain as their home base. A list of current projects is available at https://gnosischain.world/
An iterative environment. Uniswap Labs can experiment with new functionality and alpha test new features in a real-value environment (which differs from a test environment in that users behave differently with value on the line, token supply is limited, real adversaries exist, etc). Uniswap can spot and remediate any final potential issues stemming from important Ethereum updates prior to mainnet activation and take advantage of optimized slot and epoch times for faster iteration.
Tight Ethereum compatibility. Tools, resources, projects, and protocols supported by Ethereum are already supported on Gnosis Chain, with more onboarding regularly. Gnosis Safe is facilitating daily operations for many existing projects. A trustless bridge architecture designed to connect Ethereum and Gnosis Chain is in the works. The Gnosis Beacon Chain validator set is expanding rapidly bringing massive decentralization to the chain.
The primary differences separating the GBC from the Ethereum Beacon chain include 5-second blocks and < 2-minute epochs, stable transactions with a max target of $.01 per 100K gas, and an economically and geographically diverse validator set, and a lower-stakes, lower-TVL environment.
Unique chain characteristics. Stable, low-cost transactions provide unique opportunities for Uniswap users. When gas costs are known and have a low impact on trade decisions, new strategies and approaches emerge which are currently untenable on the Ethereum mainnet or other chains with wide-ranging fee variability.
User incentives. A large directive for the Gnosis Chain is to increase the user base and on-chain activity by strategically allocating funds from the GnosisDAO treasury to promote adoption. An ecosystem fund has been created for this purpose, and we propose to use a portion of these funds to promote Uniswap v3 on Gnosis Chain. We propose providing up to $10M to incentivize the adoption of Uniswap v3 on Gnosis Chain.
The $10M will be provided in GNO to foster the usage of Uniswap v3 on Gnosis Chain. The incentives should be designed together with other projects, which are operating on top of Uniswap v3 such as Perpetual Protocol, Gelato, or Stakewise. This should allow for more sustainable utilization of Uniswap as Gnosis Chain doesn't have a team dedicated to Uniswap v3. The GNO can be used to incentivize liquidity but should not be limited to this use case. Anything increasing usage of Uniswap v3, including building new applications on top of Uniswap v3 should be supported. The goal is to spend the $10M in the time period of 2 years. Funds not used after two years would go back to GnosisDAO. The spending is limited to $10M and the transferred amount of GNO as part of the proposal. GnosisDAO can decide to top up this amount based on the outcome of this initiative.
Since the Temperature Check, we have discussed with stakeholders within the Uniswap ecosystem, who have expressed a desire to see trust-minimized bridges used for governance for new Uniswap v3 deployments. In addition, we've also seen the Nomad team's proposal to deploy v3 on Moonbeam, which includes a section addressing this, as well as documenting the current fragmented approach to governance across various v3 deployments.
In the interest of taking a standardized approach to cross-chain governance of v3 deployments moving forward, we've partnered with the Nomad team to leverage the Nomad generalized message passing channels to manage the governance of the Uniswap v3 deployment on Gnosis Chain.
We believe that Nomad is the best solution for cross-chain governance, as it:
Nomad will be deployed on Gnosis Chain shortly and will leverage Gnosis Zodiac Modules as part of its governance stack.
We are excited about partnering with Nomad to create a trust-minimized governance stack that can offer a standard for the Uniswap ecosystem.
We are requesting an exemption that will allow Gnosis Ltd. to use the Licensed Work to deploy it on Gnosis Chain, a layer 1 blockchain with deep connections to Ethereum, provided that the deployment is subject to Ethereum layer 1 Uniswap Protocol governance and control.
Following the Consensus Check phase, we will submit this proposal shortly after to an on-chain vote. Provided that the proposal passes both steps, and all governance systems have been built and audited, we will be ready to move forward with the Uniswap v3 deployment on Gnosis Chain.
As the proposal funding has to come from GnosisDAO, this proposal has to be accepted by both: UNI and GNO token holders. The execution of this proposal is dependent also on the acceptance of the proposal by GnosisDAO. The GnosisDAO proposal has to include the setup of the multi-sig and the allocation of GNO and would be executed once it is accepted by GNO token holders. Two singers from the Uniswap community and two singers from the GnosisDAO community should be selected to participate in the multisig wallet.
The Gnosis Chain is preparing for substantial growth in the coming year. We have implemented an aggressive infrastructure grants program including large grants to Nethermind, Lighthouse and Erigon client teams to support base-layer functionality and security. The ecosystem fund will bring in many new projects, and we feel Uniswap v3 is an essential component that will serve as a foundational layer for this growth.
We welcome any questions and comments and are happy to provide any clarifications as needed. We are excited to submit this proposal to the Uniswap community and look forward to your feedback! Thank you.
Hi guys,
What is the current update of this deployment proposals?
Thank you for these additions - we agree with these suggested changes and will add them to the final version of the template incorporating all community feedback.
Hi guys,
What is the current update of this deployment proposals?
Thank you for these additions - we agree with these suggested changes and will add them to the final version of the template incorporating all community feedback.
Thank you for your reply!
Correct, both projects like Voltz (middleware deploying on Ethereum) and chains like Moonbeam and Gnosis Chain (L2s or protocols that exist on other L1s) need to request an additional use grant to deploy v3. In both cases the deployment needs to be approved by the Uniswap DAO, and it is controlled by it in so far as these projects need to request the additional use grant through the governance process. Only deployments done by Uniswap Labs do not need to request a license.
Thank you for your reply!
Correct, both projects like Voltz (middleware deploying on Ethereum) and chains like Moonbeam and Gnosis Chain (L2s or protocols that exist on other L1s) need to request an additional use grant to deploy v3. In both cases the deployment needs to be approved by the Uniswap DAO, and it is controlled by it in so far as these projects need to request the additional use grant through the governance process. Only deployments done by Uniswap Labs do not need to request a license.
The suggested additions to the template are to help with the evaluation of projects by the Uniswap community, and we agree that the template needs to be accommodating to the requirements of the different use cases, which is something we are working on mapping right now. So it should be used with some flexibility for the time being.
I hope this answers your questions, let us know if you have any further thoughts.
This is Laura and Joanna from Other Internet. We welcome this template and propose the following additions in two areas based on our ongoing strategic research into partnerships and accountability in Uniswap governance:
This is Laura and Joanna from Other Internet. We welcome this template and propose the following additions in two areas based on our ongoing strategic research into partnerships and accountability in Uniswap governance:
Our suggested changes are added to the original template below in bold. We look forward to seeing other feedback and suggestions from the community on this initiative!
Cross-chain Deployment Proposal Template
Thank you for your reply!
Correct, both projects like Voltz (middleware deploying on Ethereum) and chains like Moonbeam and Gnosis Chain (L2s or protocols that exist on other L1s) need to request an additional use grant to deploy v3. In both cases the deployment needs to be approved by the Uniswap DAO, and it is controlled by it in so far as these projects need to request the additional use grant through the governance process. Only deployments done by Uniswap Labs do not need to request a license.
Thank you for your reply!
Correct, both projects like Voltz (middleware deploying on Ethereum) and chains like Moonbeam and Gnosis Chain (L2s or protocols that exist on other L1s) need to request an additional use grant to deploy v3. In both cases the deployment needs to be approved by the Uniswap DAO, and it is controlled by it in so far as these projects need to request the additional use grant through the governance process. Only deployments done by Uniswap Labs do not need to request a license.
The suggested additions to the template are to help with the evaluation of projects by the Uniswap community, and we agree that the template needs to be accommodating to the requirements of the different use cases, which is something we are working on mapping right now. So it should be used with some flexibility for the time being.
I hope this answers your questions, let us know if you have any further thoughts.
This is Laura and Joanna from Other Internet. We welcome this template and propose the following additions in two areas based on our ongoing strategic research into partnerships and accountability in Uniswap governance:
This is Laura and Joanna from Other Internet. We welcome this template and propose the following additions in two areas based on our ongoing strategic research into partnerships and accountability in Uniswap governance:
Our suggested changes are added to the original template below in bold. We look forward to seeing other feedback and suggestions from the community on this initiative!
Cross-chain Deployment Proposal Template
I assume you meant the proposals to deploy uni-v3 on Moonbeam and/or Gnosis Chain? Both proposals have just been put on-chain.
Moonbeam – see here and here. Gnosis Chain – see here.
As for the uni-v3 deployment on Celo, proposal has passed on-chain (see here). Still waiting for execution (to grant v3 usage license on ENS txt record) and actual deployment.
yj
We have a clarifying question because there seems to be some confusion about what language should be used for the proceeding deployments of Uniswap V3.
The Voltz Additional Use Grants is:
We have a clarifying question because there seems to be some confusion about what language should be used for the proceeding deployments of Uniswap V3.
The Voltz Additional Use Grants is:
Voltz Labs Technology Limited (“Voltz”) is granted an additional use grant to allow the Voltz DAO to use the Uniswap V3 Core software code (which is made available to Voltz subject to license available at https://github.com/Uniswap/v3-core/blob/main/LICENSE (the “Uniswap Code”)). As part of this additional use grant, the Voltz DAO receives a limited worldwide license to use the Uniswap Code for the purposes of: creating, deploying and making available aspects of an interest rate swap automated market maker (the “IRS AMM”); to modify and update the IRS AMM over time; and deploy the IRS AMM and portions thereof as smart contracts on blockchain-based applications and protocols. The Voltz DAO is permitted to use subcontractors to do this work. This license is conditional on Voltz and the Voltz DAO complying with the terms of the Business Source License 1.1, made available at https://github.com/Uniswap/v3-core/blob/main/LICENSE.
Our understanding was that Voltz needed the additional use grant because it sought to use the innovations of Uniswap in its derivative product.
This forum thread appears to be for chains seeking a Uniswap v3 deployment where the deployment is owned and controlled by the Unsiwap DAO. In these instances where control is maintained by the DAO and the deployment is done to the DAO's expectation, the chain requesting the deployment can receive an exemption from the license.
While the additional use grant could apply to chains seeking a Uniswap v3 deployment, it would give them additional breadth that the DAO doesn't need to give. If our understanding is correct, the proceeding deployments such as Celo, Moonbeam, and Gnosis should be requesting an exemption from the license using the sample language in the first forum post.
I assume you meant the proposals to deploy uni-v3 on Moonbeam and/or Gnosis Chain? Both proposals have just been put on-chain.
Moonbeam – see here and here. Gnosis Chain – see here.
As for the uni-v3 deployment on Celo, proposal has passed on-chain (see here). Still waiting for execution (to grant v3 usage license on ENS txt record) and actual deployment.
yj
We have a clarifying question because there seems to be some confusion about what language should be used for the proceeding deployments of Uniswap V3.
The Voltz Additional Use Grants is:
We have a clarifying question because there seems to be some confusion about what language should be used for the proceeding deployments of Uniswap V3.
The Voltz Additional Use Grants is:
Voltz Labs Technology Limited (“Voltz”) is granted an additional use grant to allow the Voltz DAO to use the Uniswap V3 Core software code (which is made available to Voltz subject to license available at https://github.com/Uniswap/v3-core/blob/main/LICENSE (the “Uniswap Code”)). As part of this additional use grant, the Voltz DAO receives a limited worldwide license to use the Uniswap Code for the purposes of: creating, deploying and making available aspects of an interest rate swap automated market maker (the “IRS AMM”); to modify and update the IRS AMM over time; and deploy the IRS AMM and portions thereof as smart contracts on blockchain-based applications and protocols. The Voltz DAO is permitted to use subcontractors to do this work. This license is conditional on Voltz and the Voltz DAO complying with the terms of the Business Source License 1.1, made available at https://github.com/Uniswap/v3-core/blob/main/LICENSE.
Our understanding was that Voltz needed the additional use grant because it sought to use the innovations of Uniswap in its derivative product.
This forum thread appears to be for chains seeking a Uniswap v3 deployment where the deployment is owned and controlled by the Unsiwap DAO. In these instances where control is maintained by the DAO and the deployment is done to the DAO's expectation, the chain requesting the deployment can receive an exemption from the license.
While the additional use grant could apply to chains seeking a Uniswap v3 deployment, it would give them additional breadth that the DAO doesn't need to give. If our understanding is correct, the proceeding deployments such as Celo, Moonbeam, and Gnosis should be requesting an exemption from the license using the sample language in the first forum post.
