This proposal is created on behalf of Blockchain at Michigan, and in partnership with the Celo Foundation and the Celo Climate Collective. Deploy Uniswap V3 on Celo to Launch “Green Asset” Liquidity Pools and expand access to Uniswap to the 6B smartphone users around the world
We propose to authorize the deployment of the Uniswap protocol to Celo on behalf of the community.
Celo is a mobile-first, carbon-negative, EVM-compatible blockchain. Specifically, we propose launching Uniswap on the Celo platform to:
Overall, we believe the Uniswap community’s mission of creating a trustless and decentralized financial infrastructure accessible to anyone aligns with Celo’s vision of tackling climate change and achieving prosperity for all.
Celo’s mission is to build an open financial system that creates the conditions of prosperity for all. To execute this mission, Celo’s technology features include:
Celo is one of the fastest growing DeFi ecosystems with 2.6M addresses, up to 1.1M daily transactions, and over 103M transactions. Additionally, Celo has been chosen by Kickstarter for its upcoming decentralized product (to date, Kickstarter has successfully supported over 214,000 projects with over $6B in funding and 20M backers) which will attract new users to the ecosystem
The Celo Reserve includes almost $1M of MCO2 tokens, and Celo community members have proposed to add more natural capital assets moving forward as part of the Climate Collective. By including more natural capital assets, the Celo community has the vision of creating natural capital backed currencies. If, as a society, we were to denominate our economic activity in natural capital backed currencies, any economic growth—increase in money circulation—would lead to a growth in preserved natural resources. Celo aims to be the layer 1 blockchain for natural capital assets, and Uniswap can be the natural capital DEX for these assets on Celo.
Blockchain technology can help address limit greenhouse gas emissions and promote sustainable practices by tokenizing carbon-sequestering assets such as rainforests. Those tokenized assets can then be purchased by individuals and businesses to democratize carbon offsetting and increase funding for environmental protection projects. We believe that together, Uniswap and Celo can lead the path to growing natural capital assets.
Uniswap on the Celo platform will:
The Celo Foundation will commit $10M of CELO in Uniswap-specific user incentives & grants on Celo. In addition to the $10M in financial incentives for Uniswap specifically, the Celo Foundation will also focus on broader adoption of natural capital backed currencies and link this to ongoing efforts to making DeFi and crypto more accessible to the 6B smartphone users around the world through the following:
Promote the development of a mobile-first ecosystem through developer programs such as hackathons with Uniswap as a financial building block
Lead pilots and users research to help make Uniswap more accessible, especially in markets that lack access to basic financial tools and services.
Co-grant program to support projects that are launching and driving the growth of “green assets”
We propose a transparent measurement of this project's success through the following success criteria and long-term goals:
Celo and Uniswap together can serve as the foundation for the proliferation of natural capital assets across Web3. We believe that the vision to advance climate and regenerative finance on Celo aligns with the Uniswap community. Thank you for your consideration and we welcome questions and suggestions.
This proposal is created on behalf of Blockchain at Michigan, and in partnership with the Celo Foundation and the Celo Climate Collective. Deploy Uniswap V3 on Celo to Launch “Green Asset” Liquidity Pools and expand access to Uniswap to the 6B smartphone users around the world
We propose to authorize the deployment of the Uniswap protocol to Celo on behalf of the community.
Celo is a mobile-first, carbon-negative, EVM-compatible blockchain. Specifically, we propose launching Uniswap on the Celo platform to:
Overall, we believe the Uniswap community’s mission of creating a trustless and decentralized financial infrastructure accessible to anyone aligns with Celo’s vision of tackling climate change and achieving prosperity for all.
Celo’s mission is to build an open financial system that creates the conditions of prosperity for all. To execute this mission, Celo’s technology features include:
Celo is one of the fastest growing DeFi ecosystems with 2.6M addresses, up to 1.1M daily transactions, and over 103M transactions. Additionally, Celo has been chosen by Kickstarter for its upcoming decentralized product (to date, Kickstarter has successfully supported over 214,000 projects with over $6B in funding and 20M backers) which will attract new users to the ecosystem
The Celo Reserve includes almost $1M of MCO2 tokens, and Celo community members have proposed to add more natural capital assets moving forward as part of the Climate Collective. By including more natural capital assets, the Celo community has the vision of creating natural capital backed currencies. If, as a society, we were to denominate our economic activity in natural capital backed currencies, any economic growth—increase in money circulation—would lead to a growth in preserved natural resources. Celo aims to be the layer 1 blockchain for natural capital assets, and Uniswap can be the natural capital DEX for these assets on Celo.
Blockchain technology can help address limit greenhouse gas emissions and promote sustainable practices by tokenizing carbon-sequestering assets such as rainforests. Those tokenized assets can then be purchased by individuals and businesses to democratize carbon offsetting and increase funding for environmental protection projects. We believe that together, Uniswap and Celo can lead the path to growing natural capital assets.
Uniswap on the Celo platform will:
The Celo Foundation will commit $10M of CELO in Uniswap-specific user incentives & grants on Celo. In addition to the $10M in financial incentives for Uniswap specifically, the Celo Foundation will also focus on broader adoption of natural capital backed currencies and link this to ongoing efforts to making DeFi and crypto more accessible to the 6B smartphone users around the world through the following:
Promote the development of a mobile-first ecosystem through developer programs such as hackathons with Uniswap as a financial building block
Lead pilots and users research to help make Uniswap more accessible, especially in markets that lack access to basic financial tools and services.
Co-grant program to support projects that are launching and driving the growth of “green assets”
We propose a transparent measurement of this project's success through the following success criteria and long-term goals:
Celo and Uniswap together can serve as the foundation for the proliferation of natural capital assets across Web3. We believe that the vision to advance climate and regenerative finance on Celo aligns with the Uniswap community. Thank you for your consideration and we welcome questions and suggestions.
Hello,
Get resources to develop ASISBusiness Enterprise Company / Comprehensive advice and services to manage a successful Business with the association with the marketplace and Technology. Be a resource to entrepreneurs and, general managers business when to make Business Became an opportunity to create a better society with equal resources. Create a centrum in knowledge, when the connections can easily betwin government, public and private companies. Became the interaction in a practical process to move faster the goals to archive. I want to contribute to creating a new population of the civilization new culture, with the best skills, I think, is a possibility to believe in a better sunrise, when the circumstances, is a better life. With the powerful help: "Smart Technology": The revolution to make the perfection, to help the Human, to create a success of the life.
The snapshot poll is over, but Teton is in favor of this proposal.
A v3 deployment on Celo is a great way to expand Uniswap's position as the leading AMM standard for EVM with little downside risk.
The incentives from the Celo foundation are the cherry on top.
Good and important question. We're happy to put the funds in a multisig with members from the Uniswap community. That way the Celo Foundation is held accountable to making sure incentives are provided to green asset pools.
As an addendum, Robert Leifke and Kyle Scott, members of Blockchain at Michigan, are co-founders of Mobius, a Celo stableswap protocol. To avoid any conflicts of interest, they have had no involvement in this partnership between Blockchain at Michigan and The Celo Foundation.
Hello,
Get resources to develop ASISBusiness Enterprise Company / Comprehensive advice and services to manage a successful Business with the association with the marketplace and Technology. Be a resource to entrepreneurs and, general managers business when to make Business Became an opportunity to create a better society with equal resources. Create a centrum in knowledge, when the connections can easily betwin government, public and private companies. Became the interaction in a practical process to move faster the goals to archive. I want to contribute to creating a new population of the civilization new culture, with the best skills, I think, is a possibility to believe in a better sunrise, when the circumstances, is a better life. With the powerful help: "Smart Technology": The revolution to make the perfection, to help the Human, to create a success of the life.
The snapshot poll is over, but Teton is in favor of this proposal.
A v3 deployment on Celo is a great way to expand Uniswap's position as the leading AMM standard for EVM with little downside risk.
The incentives from the Celo foundation are the cherry on top.
Good and important question. We're happy to put the funds in a multisig with members from the Uniswap community. That way the Celo Foundation is held accountable to making sure incentives are provided to green asset pools.
As an addendum, Robert Leifke and Kyle Scott, members of Blockchain at Michigan, are co-founders of Mobius, a Celo stableswap protocol. To avoid any conflicts of interest, they have had no involvement in this partnership between Blockchain at Michigan and The Celo Foundation.
I think this is a terrific proposal that aligns incentives among the Celo and Uniswap communities to set the conditions for long-term success.
I'm also excited for the possibilities this creates in the Regenerative Finance (ReFi) space: mobile-accessible "Green Asset" Liquidity Pools offer a new financial instrument that could have a significant impact on new crypto users in developing markets. This broadens the reach of web3. Sparking the proliferation of natural capital assets will further serve to highlight many of web3's strengths as a market creation and coordination mechanism.
I think this is a terrific proposal that aligns incentives among the Celo and Uniswap communities to set the conditions for long-term success.
I'm also excited for the possibilities this creates in the Regenerative Finance (ReFi) space: mobile-accessible "Green Asset" Liquidity Pools offer a new financial instrument that could have a significant impact on new crypto users in developing markets. This broadens the reach of web3. Sparking the proliferation of natural capital assets will further serve to highlight many of web3's strengths as a market creation and coordination mechanism.
Blockchain at Michigan, the Celo Foundation, and the Celo Climate Collective have done an admirable job thinking through key performance indicators, which will help ensure accountability throughout the deployment process. The $10M in Uniswap-specific user incentives and Celo grants, ultimately governed by a transparent multisig including Uniswap community members, similarly shows a demonstrated commitment to bilateral success.
Thanks to the teams who published this proposal and looking forward to seeing this progress!
We're pro this proposal.
We believe in a cross-chain future. While Uniswap started in Ethereum, it's not Uniswap's mission to choose winners or solely serve the Ethereum ecosystem.
Instead, Uniswap, and UNI token-holders, should think how can we best improve and extend the Uniswap ecosystem and influence?
We're pro this proposal.
We believe in a cross-chain future. While Uniswap started in Ethereum, it's not Uniswap's mission to choose winners or solely serve the Ethereum ecosystem.
Instead, Uniswap, and UNI token-holders, should think how can we best improve and extend the Uniswap ecosystem and influence?
Launching on multiple chains - at minimal engineering cost to the community due to EVM-compatibility - should be prioritized, as it increases Uniswap's total trading volume. Uniswap now holds 59% of DEX volume on Polygon and did 2.5x more volume in February than Arbitrum and Optimism combined.
As Layer 2s and other Layer 1s come into the picture, Uniswap should continue to dominate on chains. Yes, we love Celo's green asset move. But for profit-maximizing UNI token holders, this is an easy decision.
I think this is a terrific proposal that aligns incentives among the Celo and Uniswap communities to set the conditions for long-term success.
I'm also excited for the possibilities this creates in the Regenerative Finance (ReFi) space: mobile-accessible "Green Asset" Liquidity Pools offer a new financial instrument that could have a significant impact on new crypto users in developing markets. This broadens the reach of web3. Sparking the proliferation of natural capital assets will further serve to highlight many of web3's strengths as a market creation and coordination mechanism.
I think this is a terrific proposal that aligns incentives among the Celo and Uniswap communities to set the conditions for long-term success.
I'm also excited for the possibilities this creates in the Regenerative Finance (ReFi) space: mobile-accessible "Green Asset" Liquidity Pools offer a new financial instrument that could have a significant impact on new crypto users in developing markets. This broadens the reach of web3. Sparking the proliferation of natural capital assets will further serve to highlight many of web3's strengths as a market creation and coordination mechanism.
Blockchain at Michigan, the Celo Foundation, and the Celo Climate Collective have done an admirable job thinking through key performance indicators, which will help ensure accountability throughout the deployment process. The $10M in Uniswap-specific user incentives and Celo grants, ultimately governed by a transparent multisig including Uniswap community members, similarly shows a demonstrated commitment to bilateral success.
Thanks to the teams who published this proposal and looking forward to seeing this progress!
We're pro this proposal.
We believe in a cross-chain future. While Uniswap started in Ethereum, it's not Uniswap's mission to choose winners or solely serve the Ethereum ecosystem.
Instead, Uniswap, and UNI token-holders, should think how can we best improve and extend the Uniswap ecosystem and influence?
We're pro this proposal.
We believe in a cross-chain future. While Uniswap started in Ethereum, it's not Uniswap's mission to choose winners or solely serve the Ethereum ecosystem.
Instead, Uniswap, and UNI token-holders, should think how can we best improve and extend the Uniswap ecosystem and influence?
Launching on multiple chains - at minimal engineering cost to the community due to EVM-compatibility - should be prioritized, as it increases Uniswap's total trading volume. Uniswap now holds 59% of DEX volume on Polygon and did 2.5x more volume in February than Arbitrum and Optimism combined.
As Layer 2s and other Layer 1s come into the picture, Uniswap should continue to dominate on chains. Yes, we love Celo's green asset move. But for profit-maximizing UNI token holders, this is an easy decision.
The Celo Foundation will commit $10M of CELO in Uniswap-specific user incentives & grants on Celo.
How can we ensure this so we avoid Polygon situation and their promise of "up to" $20M in incentives that 3 months later are nowhere to be seen?
The Celo Foundation will commit $10M of CELO in Uniswap-specific user incentives & grants on Celo.
How can we ensure this so we avoid Polygon situation and their promise of "up to" $20M in incentives that 3 months later are nowhere to be seen?