Uniswap Launches on Moonbeam Network, Extending to Polkadot

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Uniswap's V3 contracts have found a new home on the Moonbeam Network, a leading destination for multi-chain applications on Polkadot. With over $3 billion in Total Value Locked (TVL), Uniswap is a giant in the decentralized exchange (DEX) sphere. This integration, a first of its kind, extends Uniswap's availability to users on the Polkadot network, opening up new avenues through an Oku front-end and Wormhole cross-chain messages.

Moonbeam: A Bridge to Polkadot

The Moonbeam network has positioned itself as a vital cog in the Polkadot ecosystem, especially ahead of a significant unlock of nearly 100 million DOT tokens later this October. This unlock event stems from the initial crowdloans conducted in December 2021. As these tokens become transferable, users are likely to explore alternative channels to leverage their DOT tokens across Polkadot and its parachains. Moonbeam, by hosting Uniswap, presents one such avenue.

Community-driven Integration

The integration journey began with a proposal from Michigan Blockchain which received a nod from the Uniswap community in May. Uniswap’s DAO selected Wormhole as the cross-chain protocol, paving the way for deployments on Moonbeam, Celo, BNB, and Gnosis. The Wormhole protocol stood out in the Uniswap Bridge Assessment Committee’s security analysis, marking a significant stride towards a secure cross-chain communication.

Expanding Multi-chain Horizons

Moonbeam’s role in Uniswap’s multi-chain strategy cannot be overstated. By supporting Uniswap v3 contracts, Moonbeam joins the ranks of Ethereum, Polygon, Avalanche, and BNB Chain, all of which have Uniswap v3 deployments. The fast finality and unique connected contracts approach of Moonbeam underline its appeal for