Try Quests to earn AVAXUniswap v3 on Avalanche
In this dashboard, You'll learn the Story of How Uniswap v3 Appeared on Avalanche and the Activity their Liquidity Pools have. There are 8 Tabs From "Uniswap on Avalanche" To "Methodology", If you can't see them all Zoom Out the page.
On February 24, 2023, a New Proposal Arrived in Uniswap's Governance Forums
Posted by user AbdullahUmar representing Michigan Blockchain (@UMichBlockchain) their proposal was for starting the deployment of Uniswap v3 on the Avalanche Blockchain before the Upcoming Business Source License (BSL) expiration on April 1st, which would mean that all entities will have the legal right to duplicate Uniswap v3 and utilize the forked code for commercial purpose.
Because a Cross-chain messaging protocol was required, LayerZero was proposed as the best solution to connect Ethereum with Avalanche with Blockchain at Michigan endorsing LayerZero Protocol explaining how the security works and the achievements of the protocol.
On March 17, 2023, The Voting for the Proposal Ended in Favor.
95% of UNI (48.34M) was used to vote in favor and only 4.92% of UNI (2.50M) Against.
Uniswap will be launched on Avalanche with the support of Ava Labs and LayerZero to deploy Uniswap v3 ASAP in consideration of the BSL expiring, and on April 21 the Uniswap v3 Contracts were deployed on Avalanche, and now what is left was to prepare for the launch date.
On July 12 Avalanche Announces the Official Launch of Uniswap v3
With more than 170K of Views on Twitter and a lot of support from the Avalanche Community this New Foe Appears on Avalanche ready to challenge the DeFi Ecosystem.
In the Twitter Thread Avalanche explains the achievements of Uniswap and the big feature of V3's (Concentrated Liquidity).
As the data is recent, I'll showcase the activity of Uniswap v3 as a whole in Avalanche, focusing on the Liquidity Pools most active in these few days, with the data refreshing every 3 hours.
Uniswap V3 Avalanche App - Uniswap V3 Avalanche Analytics
Take into consideration that the Analytics Page of Uniswap v3 on Avalanche is a bit incomplete, as transactions are opening Etherscan pages Instead of Snowtrace, there is missing activity and some numbers doesn't match like the TVL for BTC.b ↔ WAVAX Liquidity Pool
V3’s concentrated liquidity allows liquidity to be added within a specific price range, which could result in more efficient liquidity pools. In turn, this can generate more trading fees for LP’s if within the active price range. (Avalanche Twitter Thread)