Consensys GFX Labs
Consensys is seeking a Uniswap V3 deployment for Linea’s mainnet launch, looking to further integrate Uniswap with the Consensys product ecosystem (MetaMask, Infura, Linea, et. al). A key aspect of Linea’s value proposition is its synergistic relationship with ConsenSys products. Establishing Uniswap as a dominant DEX on Linea would encourage more trading volume for the protocol and strengthen ties to current Consensys product users.
Linea’s testnet has impressively handled more than 47 million transactions. Many of these transactions are part of the Linea Voyage quest, a crucial initiative designed to help stress-test the network. This exercise aids in identifying potential issues and performance impediments before transitioning to Linea mainnet.
Moreover, Linea is aligned with developers throughout the broader ecosystem via our relationships with MetaMask, Infura, and Truffle, emphasizing our commitment in serving developers, protocols, and builders.
Users will conveniently find Linea natively supported in the MetaMask network dropdown list, and it will support the full range of MetaMask curated experiences. These experiences include On/Off Ramp, MetaBridge, MetaMask Swaps, Portfolio dApp, and MetaMask SDK - all of which could leverage the Uniswap protocol.
Linea aims to be a Type 2 zkEVM 1 and achieve EVM-equivalence, handling native EVM bytecode for proving and verification. This allows for the execution of Solidity smart contracts and enables developers to build while using familiar tools and infrastructure at extremely low switching costs. The network does not use transpilers or custom compilers on bytecode. By taking the compiled bytecode directly from solidity, we significantly reduce the surface area risk for bugs and hacks.
Linea seeks innovation, pushing the boundaries of the Web3 space while maintaining top security and full EVM compatibility as top priorities. One (of the many) things worth mentioning is Linea’s full support of EIP-4337 (Account Abstraction). Working with key stakeholders, the network already uses the single-entry-point contract and runs multiple networks of bundlers and paymasters services.
What is particularly exciting about Linea is its ability to consolidate transactions and submit proofs to the Ethereum mainnet using a novel prover mechanism. This process enhances throughput and minimizes transaction fees while maintaining the inherent security of the Ethereum network.
Vortex , a cryptographic primitive under development at ConsenSys, aims to increase the performance of Linea. It leverages a novel type of zkProof called a recursive aggregation proof. This is based on Ring-SIS, a well-known premise from lattice-based cryptography. This proofing system enables the batching of transactions to increase the network’s throughput while reducing fees. Linea also employs zk circuits to conduct computations. These cryptographic circuits facilitate secure and efficient computations.
Since the inception of Ethereum, ConsenSys was established to become the most potent proponent of decentralization worldwide. We believe that networks such as Ethereum can empower humanity to reach greater heights. With our experience handling web3 infrastructure, wallets, developer tools, public goods, and more, we are confident in our ability to steward Linea to complete decentralization and openness.
Linea is the result of more than 20 months of R&D from our award-winning research team that has released and maintains successful projects in the zk space like the GNARK library. Linea represents advancements in the zkEVM realm and the general field of cryptography. With the Linea network being incubated via Consensys, adoption will be encouraged through existing Consensys products and partnerships.
Some of these integrations include but are not limited to:
Linea is committed to actively pursuing decentralization. Over the following year, the Linea team plans to implement decentralizing features. Examples include introducing a DAO, decentralized sequencers and prover systems.
There are many benefits to a Uniswap deployment on Linea. In the following sections, we highlight our top three…
Observing Uniswap market share across crucial Layer 2 solutions reveals that the protocol enjoys several advantages x-chain. These include a strong community, brand recognition, and, most importantly, the first-mover advantage.
Total value locked (TVL) of Uniswap across significant roll-up ecosystems:
We anticipate that Uniswap will replicate its success in capturing market share on Linea, and we also hope that this deployment will serve as a model for the DAO on how Uniswap will perform with all upcoming L2/zkEVM launches over the next 6-8 months.
MetaMask Swaps is an aggregation product built natively into MetaMask. Across all integrated chains, as of last week, Swaps had an average weekly volume of ~$133M. Uniswap is consistently the largest leveraged dex of this weekly volume, executing ~58%, or $77.1M of trades.
Most of this volume is directed through Ethereum; however, observing comparable L2 deployments shows that Swaps contributed nearly 100M of volume to Arbitrum since integration.
Products like Swaps leverage many service providers, and only a few of them will be deployed on Linea day 1, providing Uniswap the opportunity to capture an even bigger market share of L2 volume produced from the product.
Another benefit for the protocol is the cross-promotion between Consensys and Uniswap, and to double down on the shared mission of contributing to the growth of the Ethereum ecosystem. The team plans to promote the network’s usage and the protocols that operate on it. This, combined with utilizing a recognized deployment of Uniswap, will aid in establishing Uniswap on Linea and in the greater ecosystem.
Consensys will cover all deployment costs, and is willing to contribute any engineering resources required for the deployment.
The Linea team operates and maintains a canonical Open Messaging Service (OMS). The OMS allows for messages to pass to and from Ethereum & Linea. The Ethereum network verifies smart contracts on the L1 that enforce a valid state on Linea.
The OMS will be operated in-house. The design implements a relayer and leverages the rollup to maintain state/security.
Although it is difficult to quantify success criteria, we can confidently state that establishing Uniswap as an early, dominant DEX is a priority.
The overarching success of the Uniswap deployment will be determined through increasing key DeFi metrics that include TVL, Volume, Users, and Swaps. Upon deployment, we will provide a dashboard to monitor Uniswap’s progress and assess market performance.
ConsenSys is a leading Ethereum and decentralized protocols software company. We enable developers, enterprises, and people worldwide to build next-generation web3 applications, launch modern financial infrastructure, and access the decentralized web. Our product suite, composed of MetaMask, Infura, Truffle, Diligence, and CNFT, serves millions of users. ConsenSys has the technical expertise to deploy Uniswap.
GFX Labs is a research and development company focused on decentralized finance (DeFi) and blockchain technology. The Chicago-based company recently launched Oku, an advanced trading interface for Uniswap v3. GFX Labs' goal is to support the democratization of finance through innovations in decentralized finance and finance technology.
ConsenSys is an active delegate and provides software services to Uniswap Labs. However, these developments and contractual relationships do not impact the organization’s independence.
GFX is an active delegate. See our delegate profile for more info.
The approval of this proposal by Uniswap governance will lead the stated Uniswap v3 contracts to be deemed as the canonical deployment on Linea. As is the case with all canonical v3 deployments, this deployment will be subject to Ethereum Layer 1 Uniswap Protocol governance and control. The text record of the uniswap.eth ENS subdomain titled v3deployments.uniswap.eth will be amended to include the reference to the stated v3 contracts on Linea.
This proposal has passed the temperature check phase. The relevant Uniswap v3 contracts have also been deployed on the Linea chain. If this onchain vote passes, this deployment will be officially recognized as a canonical v3 deployment through an amendment to the v3deployments.uniswap.eth subdomain. Thereafter, Uniswap Labs is left with the task of handling the front-end integration updates and including Linea to the auto router–this final step is not subject to the DAO’s discretion and is handled entirely by Uniswap Labs, a separate entity from DAO.
Consensys GFX Labs
Consensys is seeking a Uniswap V3 deployment for Linea’s mainnet launch, looking to further integrate Uniswap with the Consensys product ecosystem (MetaMask, Infura, Linea, et. al). A key aspect of Linea’s value proposition is its synergistic relationship with ConsenSys products. Establishing Uniswap as a dominant DEX on Linea would encourage more trading volume for the protocol and strengthen ties to current Consensys product users.
Linea’s testnet has impressively handled more than 47 million transactions. Many of these transactions are part of the Linea Voyage quest, a crucial initiative designed to help stress-test the network. This exercise aids in identifying potential issues and performance impediments before transitioning to Linea mainnet.
Moreover, Linea is aligned with developers throughout the broader ecosystem via our relationships with MetaMask, Infura, and Truffle, emphasizing our commitment in serving developers, protocols, and builders.
Users will conveniently find Linea natively supported in the MetaMask network dropdown list, and it will support the full range of MetaMask curated experiences. These experiences include On/Off Ramp, MetaBridge, MetaMask Swaps, Portfolio dApp, and MetaMask SDK - all of which could leverage the Uniswap protocol.
Linea aims to be a Type 2 zkEVM 1 and achieve EVM-equivalence, handling native EVM bytecode for proving and verification. This allows for the execution of Solidity smart contracts and enables developers to build while using familiar tools and infrastructure at extremely low switching costs. The network does not use transpilers or custom compilers on bytecode. By taking the compiled bytecode directly from solidity, we significantly reduce the surface area risk for bugs and hacks.
Linea seeks innovation, pushing the boundaries of the Web3 space while maintaining top security and full EVM compatibility as top priorities. One (of the many) things worth mentioning is Linea’s full support of EIP-4337 (Account Abstraction). Working with key stakeholders, the network already uses the single-entry-point contract and runs multiple networks of bundlers and paymasters services.
What is particularly exciting about Linea is its ability to consolidate transactions and submit proofs to the Ethereum mainnet using a novel prover mechanism. This process enhances throughput and minimizes transaction fees while maintaining the inherent security of the Ethereum network.
Vortex , a cryptographic primitive under development at ConsenSys, aims to increase the performance of Linea. It leverages a novel type of zkProof called a recursive aggregation proof. This is based on Ring-SIS, a well-known premise from lattice-based cryptography. This proofing system enables the batching of transactions to increase the network’s throughput while reducing fees. Linea also employs zk circuits to conduct computations. These cryptographic circuits facilitate secure and efficient computations.
Since the inception of Ethereum, ConsenSys was established to become the most potent proponent of decentralization worldwide. We believe that networks such as Ethereum can empower humanity to reach greater heights. With our experience handling web3 infrastructure, wallets, developer tools, public goods, and more, we are confident in our ability to steward Linea to complete decentralization and openness.
Linea is the result of more than 20 months of R&D from our award-winning research team that has released and maintains successful projects in the zk space like the GNARK library. Linea represents advancements in the zkEVM realm and the general field of cryptography. With the Linea network being incubated via Consensys, adoption will be encouraged through existing Consensys products and partnerships.
Some of these integrations include but are not limited to:
Linea is committed to actively pursuing decentralization. Over the following year, the Linea team plans to implement decentralizing features. Examples include introducing a DAO, decentralized sequencers and prover systems.
There are many benefits to a Uniswap deployment on Linea. In the following sections, we highlight our top three…
Observing Uniswap market share across crucial Layer 2 solutions reveals that the protocol enjoys several advantages x-chain. These include a strong community, brand recognition, and, most importantly, the first-mover advantage.
Total value locked (TVL) of Uniswap across significant roll-up ecosystems:
We anticipate that Uniswap will replicate its success in capturing market share on Linea, and we also hope that this deployment will serve as a model for the DAO on how Uniswap will perform with all upcoming L2/zkEVM launches over the next 6-8 months.
MetaMask Swaps is an aggregation product built natively into MetaMask. Across all integrated chains, as of last week, Swaps had an average weekly volume of ~$133M. Uniswap is consistently the largest leveraged dex of this weekly volume, executing ~58%, or $77.1M of trades.
Most of this volume is directed through Ethereum; however, observing comparable L2 deployments shows that Swaps contributed nearly 100M of volume to Arbitrum since integration.
Products like Swaps leverage many service providers, and only a few of them will be deployed on Linea day 1, providing Uniswap the opportunity to capture an even bigger market share of L2 volume produced from the product.
Another benefit for the protocol is the cross-promotion between Consensys and Uniswap, and to double down on the shared mission of contributing to the growth of the Ethereum ecosystem. The team plans to promote the network’s usage and the protocols that operate on it. This, combined with utilizing a recognized deployment of Uniswap, will aid in establishing Uniswap on Linea and in the greater ecosystem.
Consensys will cover all deployment costs, and is willing to contribute any engineering resources required for the deployment.
The Linea team operates and maintains a canonical Open Messaging Service (OMS). The OMS allows for messages to pass to and from Ethereum & Linea. The Ethereum network verifies smart contracts on the L1 that enforce a valid state on Linea.
The OMS will be operated in-house. The design implements a relayer and leverages the rollup to maintain state/security.
Although it is difficult to quantify success criteria, we can confidently state that establishing Uniswap as an early, dominant DEX is a priority.
The overarching success of the Uniswap deployment will be determined through increasing key DeFi metrics that include TVL, Volume, Users, and Swaps. Upon deployment, we will provide a dashboard to monitor Uniswap’s progress and assess market performance.
ConsenSys is a leading Ethereum and decentralized protocols software company. We enable developers, enterprises, and people worldwide to build next-generation web3 applications, launch modern financial infrastructure, and access the decentralized web. Our product suite, composed of MetaMask, Infura, Truffle, Diligence, and CNFT, serves millions of users. ConsenSys has the technical expertise to deploy Uniswap.
GFX Labs is a research and development company focused on decentralized finance (DeFi) and blockchain technology. The Chicago-based company recently launched Oku, an advanced trading interface for Uniswap v3. GFX Labs' goal is to support the democratization of finance through innovations in decentralized finance and finance technology.
ConsenSys is an active delegate and provides software services to Uniswap Labs. However, these developments and contractual relationships do not impact the organization’s independence.
GFX is an active delegate. See our delegate profile for more info.
The approval of this proposal by Uniswap governance will lead the stated Uniswap v3 contracts to be deemed as the canonical deployment on Linea. As is the case with all canonical v3 deployments, this deployment will be subject to Ethereum Layer 1 Uniswap Protocol governance and control. The text record of the uniswap.eth ENS subdomain titled v3deployments.uniswap.eth will be amended to include the reference to the stated v3 contracts on Linea.
This proposal has passed the temperature check phase. The relevant Uniswap v3 contracts have also been deployed on the Linea chain. If this onchain vote passes, this deployment will be officially recognized as a canonical v3 deployment through an amendment to the v3deployments.uniswap.eth subdomain. Thereafter, Uniswap Labs is left with the task of handling the front-end integration updates and including Linea to the auto router–this final step is not subject to the DAO’s discretion and is handled entirely by Uniswap Labs, a separate entity from DAO.
There is (in our opinion) no reason not to recognize the deployment as official so that the DAO may hold the power to turn on the fee switch.
There is (in our opinion) no reason not to recognize the deployment as official so that the DAO may hold the power to turn on the fee switch.
I really would like to believe even a fish can make a wave and we had some “Yes” votes during our Temperature and Consensus Checks. But we haven’t heard anything from Uniswap community for this greater’s good purpose yet :roll_eyes: I still believe to the whole eco-system, voting, consensus, treasury and community and thank God as small fishes, we don’t have time limitation on fish.vote :sweat_smile: Please help us with this good purpose :pray:
Dear Uniswap Community, Your support on this matter is crucially important for us. Almost 20 million people are living in earthquake zone, more than 500 k building has already collapsed or severely damaged. Almost all of the 11 cities have to be built from scratch. Also beyond humanitarian aid, we need some sustainable solutions for that area, we need to take care children, sick people, education. And a lot of different items such as. So we really would like to see the support of Uniswap community while we saw during Temperature and Consensus checks. Please at least delegate your votes. Thanks :pray:
In case you got any questions / comments / doubts, please raise and I will do my best to address them in the most accountable & transparent way on behalf of Anka Relief.
Dear Uniswap family This massive earthquake displaced millions of people. Many are still struggling to fulfill basic needs. The need of this help is tremendous. Please support these victims of disaster.
I really would like to believe even a fish can make a wave and we had some “Yes” votes during our Temperature and Consensus Checks. But we haven’t heard anything from Uniswap community for this greater’s good purpose yet :roll_eyes: I still believe to the whole eco-system, voting, consensus, treasury and community and thank God as small fishes, we don’t have time limitation on fish.vote :sweat_smile: Please help us with this good purpose :pray:
Dear Uniswap Community, Your support on this matter is crucially important for us. Almost 20 million people are living in earthquake zone, more than 500 k building has already collapsed or severely damaged. Almost all of the 11 cities have to be built from scratch. Also beyond humanitarian aid, we need some sustainable solutions for that area, we need to take care children, sick people, education. And a lot of different items such as. So we really would like to see the support of Uniswap community while we saw during Temperature and Consensus checks. Please at least delegate your votes. Thanks :pray:
In case you got any questions / comments / doubts, please raise and I will do my best to address them in the most accountable & transparent way on behalf of Anka Relief.
Dear Uniswap family This massive earthquake displaced millions of people. Many are still struggling to fulfill basic needs. The need of this help is tremendous. Please support these victims of disaster.
Dear Uniswap community, After the powerful earthquake hit the southeastern part of Türkiye and Syria, thousands of lives were lost in small seconds.now it is the time to help the Survivors whose number exceeds 13million!they are in need of sustainable projects in many fields like providing food and shelter,access to Medical care and education and creating jobs in that area.therefore, the help is crucial to the future of the region and its people!
As you know, the Turkish citizens need to support after this disaster, the earthquake completed but the we must support for survive of the peoples, i beleive the Uniswap DAO can help the people and share to pain of us. :pray:
Dear Uniswap community, recent earthquakes in Turkey have left countless families devastated, and the need for assistance is more urgent than ever. Despite the decrease in media attention, the reality on the ground remains dire, with many people still lacking access to basic necessities like shelter, clean water, and food. As a global crypto community, we have the power to make a difference in the lives of those affected. I wholeheartedly encourage Uniswap DAO to take part in the relief efforts and help rebuild the affected communities. Let's show the world the compassionate side of the crypto sphere and contribute to a better future for all those impacted by this tragedy.
Thank you for all the support and for submitting this proposal to the Uniswap community. The residents of the region are still desperately in need of basic necessities like shelter, food, hygienic living conditions, etc. On the other hand, it is essential that the aid to be provided to the area should be long-term and sustainable. The continuation of donations and helps of every sort from the global crypto ecosystem in order to implement forward-looking projects for all people affected by the earthquake, especially for women, children, and university students, requires great humanitarian effort. It should be the duty of everyone, especially NGOs, to be able to implement these projects with your help.
Thanks for your support Mesut🙏🏻
Dear Uniswap community, Turkey need your support on these harsh days. I am hopping crypto community will help as they can.
It's been a disaster for 11 cities with more than 50K casualties, 300K+ buildings collapsed and more than 13M people directly affected. Words wouldn't be enough to describe, yet you wouldn't be the same person if you ever visit the eq zone and vitness it. We need all the support of Uniswap community to support people in the area for a long time to come. Thank you all.
Dear Uniswap community, As one of the owner of the voting proposal and also a humabeing spent 1 week in the region with International Medical Relief organizaon, I can easily say, the needs of the region is almost same. Some of the towns have just erased from the map, in some towns more than 80% buildings collapsed. There are different kind of needs of that region and the victims of earthquake. Humanitarian help for short term, but also some educational or financial support for midterm that helps them to come back to life again. We really need a lot of help for the people live there and we are hoping the contribution of Uniswap DAO
Dear Uniswap community, The situation in the region has been the same since the day of the earthquake and we are still far from meeting their needs. Even though it is not in the news as much as it used to be, people in the completely destroyed areas are still waiting for help. Even after the search and rescue operations, the needs of the people in the region do not end. It is time to take steps to get them back to normal life as soon as possible. We really need a lot of help for the people living there and we hope that Uniswap DAO will contribute sensitively.
Dear Uniswap community, After the powerful earthquake hit the southeastern part of Türkiye and Syria, thousands of lives were lost in small seconds.now it is the time to help the Survivors whose number exceeds 13million!they are in need of sustainable projects in many fields like providing food and shelter,access to Medical care and education and creating jobs in that area.therefore, the help is crucial to the future of the region and its people!
As you know, the Turkish citizens need to support after this disaster, the earthquake completed but the we must support for survive of the peoples, i beleive the Uniswap DAO can help the people and share to pain of us. :pray:
Dear Uniswap community, recent earthquakes in Turkey have left countless families devastated, and the need for assistance is more urgent than ever. Despite the decrease in media attention, the reality on the ground remains dire, with many people still lacking access to basic necessities like shelter, clean water, and food. As a global crypto community, we have the power to make a difference in the lives of those affected. I wholeheartedly encourage Uniswap DAO to take part in the relief efforts and help rebuild the affected communities. Let's show the world the compassionate side of the crypto sphere and contribute to a better future for all those impacted by this tragedy.
Thank you for all the support and for submitting this proposal to the Uniswap community. The residents of the region are still desperately in need of basic necessities like shelter, food, hygienic living conditions, etc. On the other hand, it is essential that the aid to be provided to the area should be long-term and sustainable. The continuation of donations and helps of every sort from the global crypto ecosystem in order to implement forward-looking projects for all people affected by the earthquake, especially for women, children, and university students, requires great humanitarian effort. It should be the duty of everyone, especially NGOs, to be able to implement these projects with your help.
Thanks for your support Mesut🙏🏻
Dear Uniswap community, Turkey need your support on these harsh days. I am hopping crypto community will help as they can.
It's been a disaster for 11 cities with more than 50K casualties, 300K+ buildings collapsed and more than 13M people directly affected. Words wouldn't be enough to describe, yet you wouldn't be the same person if you ever visit the eq zone and vitness it. We need all the support of Uniswap community to support people in the area for a long time to come. Thank you all.
Dear Uniswap community, As one of the owner of the voting proposal and also a humabeing spent 1 week in the region with International Medical Relief organizaon, I can easily say, the needs of the region is almost same. Some of the towns have just erased from the map, in some towns more than 80% buildings collapsed. There are different kind of needs of that region and the victims of earthquake. Humanitarian help for short term, but also some educational or financial support for midterm that helps them to come back to life again. We really need a lot of help for the people live there and we are hoping the contribution of Uniswap DAO
Dear Uniswap community, The situation in the region has been the same since the day of the earthquake and we are still far from meeting their needs. Even though it is not in the news as much as it used to be, people in the completely destroyed areas are still waiting for help. Even after the search and rescue operations, the needs of the people in the region do not end. It is time to take steps to get them back to normal life as soon as possible. We really need a lot of help for the people living there and we hope that Uniswap DAO will contribute sensitively.
