Voting was taking place through an off-chain snapshot poll
Voting for the deployment was taking place through an off-chain snapshot poll that ended today. Users were able to vote on the poll with tokens they had delegated to themselves, or tokens that had been delegated to them.The poll of the Uniswap community "to gauge interest in deploying Uniswap v3 to Arbitrum." Was decided with 41.72 million UNI in favor and only 309.34 UNI against.
Optimistic Rollup solution designed to scale Ethereum
Arbitrum is an Optimistic Rollup solution designed to scale Ethereum. It will allow improvements in the network's transaction speed and the cost to complete a transaction. This will help Ethereum remain competitive against high-throughput blockchains like Binance Smart Chain and Solana. These blockchains have seen an increase in volumes in recent months.Uniswap founder Hayden Adams had already confirmed that if the snapshot passes, Uniswap will deploy the v3 contracts available on Arbitrum. As the threshold for a successful snapshot has been reached, the proposal will go forward. Adams confirmed that the team had "begun work on interface support and planning the deployment."
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