Conflux proposes deploying Uniswap v3, setting up $2M liquidity pool for CFX pairs

Conflux, a regulatory-compliant public blockchain based in China, seeks to deploy v3 on its network, according to a proposal on Uniswap’s governance forum on April 7. The move comes days after the Uniswap v3 code license expired, enabling developers to fork the protocol and deploy their own decentralized exchange.

As per the proposal, the deployment would provide “access to millions of potential new users, particularly in the Chinese and Asian markets.” According to Conflux, the blockchain experienced a spike in traffic in the first quarter of 2023. The network has a market capitalization of nearly $1 billion and has $45 million in total value locked on-chain.

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