Uniswap DAO Approves Boba Network Deployment in Latest Community Vote

The Boba Foundation said it had committed to $1 million worth of BOBA tokens to foster the adoption of Uniswap v3 on the Boba Network. By shauryamalwa

Meanwhile, the Boba Foundation told CoinDesk that it had committed to $1 million worth of BOBA tokens to foster the adoption of Uniswap v3 on the Boba Network.

These tokens will be sent to a multisig wallet co-owned by the Uniswap Grants Program and the Boba Foundation, which will distribute the funds to promising Boba-based projects aiming to boost the adoption of Uniswap V3 on the Boba Network. As such, the move is also expected to attract more Asia-based traders, where Boba claims to have a strong presence, to Uniswap.

“With its deployment on Boba Network, Uniswap has the opportunity to bolster its presence in key Asian markets, where Boba is already enjoying strong adoption,” Boba developers told CoinDesk.

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