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Temperature Check - Deploy Uniswap V3 on Harmony through an Additional Use Grant to Hermes DeFi

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Uniswap by 0x98e3623bCa45BF01D58E833811882777C8C015F8 on
February 9, 2022, 3:34 PM

Dear Uniswap community,

Since our initial proposal submission 9 days ago to bring Uniswap V3 technology to Harmony, we have seen an extremely positive response from both the Harmony and Uniswap communities. We have integrated community feedback and compiled a revised proposal and have posted it on the Uniswap governance forum: https://gov.uniswap.org/t/temperature-check-deploy-uniswap-v3-on-harmony-through-an-additional-use-grant-to-hermes-defi/16128

In summary, Hermes DeFi is requesting an Additional Use grant from Uniswap to deploy Uniswap V3 based smart contracts to power a new AMM/DEX on the Harmony blockchain.

In exchange for this permission, the Uniswap DAO will receive:

  1. A 10% allocation of HERMES tokens
  2. 25% of platform trading fees, returned as IRIS (decreasing 5% each year for the next 5 years)
  3. 50% of platform trading fees for the IRIS/1UNI pair, which will have a dedicated farm for the foreseeable future.
  4. 2% of IRIS supply (governance token of Hermes).
  5. Lending and borrowing support for 1UNI upon the launch of our lending market.
  6. The ability to bond 1UNI to earn HERMES as a mechanism of protocol-owned liquidity.
Warning

Exercise caution when exploring DAO proposals. Proposals can be submitted by any member of the community so there's an inherent risk of encountering scams or deceptive links. Always critically assess the validity of each proposal and its links before taking action.
start
February 9, 2022
3:40 PM
end
February 14, 2022
3:40 PM

Voting type
single-choice
Votes
10,114

Final Votes
closed

Yes, grant the license.
8.4K UNI
82.77%
No, do not grant the license.
1.7K UNI
17.23%