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Illusory Systems, Inc. Uni v3 Additional Use Grant Illusory Systems, Inc. Uni v3 Additional Use Grant Illusory Systems, Inc. are granted an additional use grant to use the Uniswap V3 Core software code (which is made available to Illusory Systems, Inc. subject to license available at https://github.com/Uniswap/v3-core/blob/main/LICENSE (the “Uniswap Code”)). As part of this additional use grant, Illusory Systems, Inc. receives license to use the Uniswap Code for the purposes of a full deployment of the Uniswap Protocol v3 onto the Moonbeam blockchain. Illusory Systems, Inc. is permitted to use subcontractors to do this work. This license is conditional on Illusory Systems, Inc. complying with the terms of the Business Source License 1.1, made available at https://github.com/Uniswap/v3-core/blob/main/LICENSE.# Deploy Uniswap V3 on Moonbeam ### Summary In support of furthering the vision of [Multichain Uniswap](https://uniswap.org/blog/multichain-uniswap), we at [Blockchain at Berkeley](https://blockchain.berkeley.edu/) are partnering with [Nomad](https://app.nomad.xyz/) to propose that the Uniswap community authorize Nomad (Illusory Systems, Inc) to deploy Uniswap V3 to [Moonbeam](https://moonbeam.network/). The timeline for deployment will be approximately 3-4 weeks following the completion of this Governance Proposal. ### Proposal Links - Governance Proposal: [discussion](https://gov.uniswap.org/t/governance-proposal-deploy-uniswap-v3-on-moonbeam/16759) - Consensus Check: [discussion](https://gov.uniswap.org/t/consensus-check-deploy-uniswap-v3-to-moonbeam/16624), [snapshot](https://snapshot.org/#/uniswap/proposal/QmcVpxCSkL8rPmZgow8uL2GbdPZtUKS3huY9aSExKNfEK6) (passed with 9.6M UNI in favor) - Temperature Check: [discussion](https://gov.uniswap.org/t/temperature-check-deploy-uniswap-v3-on-moonbeam/16572), [snapshot](https://snapshot.org/#/uniswap/proposal/QmaG6nJYW3xLeQwAa6xxhpbuYS8h6PVQpbx1vfqpqxAtik) (passed with 8.3M UNI in favor) ### Description Moonbeam is a Polkadot parachain which features EVM-compatibility, allowing it to serve as a port-of-entry for Ethereum-native apps to participate in the greater Polkadot ecosystem. We believe deploying Uniswap to Moonbeam will bring the following benefits to the Uniswap community: * **Expansion into Polkadot**: Uniswap will be able to tap into a brand new market and all the community members in the Polkadot ecosystem. Moonbeam’s EVM-compatibility makes it simple to deploy existing Solidity code, while simultaneously providing access to other parachains using XCM. By leveraging XCM and Moonbeam’s position as the DeFi hub for Polkadot, Uniswap has the opportunity to become the premier AMM across Polkadot. * **Trust-minimized Governance**: Per Uniswap’s goal of becoming a multi-chain protocol while remaining trust-minimized, we propose using Nomad’s trust-minimized channels to deploy Uniswap V3 on Moonbeam. This can serve as an opportunity to test this improved decentralized governance application within a safe container, with the potential of rolling it out to other V3 deployments in the future. * **Rewards for Uniswap Grants Program**: Instead of simply offering liquidity mining incentives, we want to fund community members working to develop and enrich multichain experiences built with Uniswap. The Moonbeam Foundation will commit $2.5M to the Uniswap Grants Program to fund cross-chain development deployed within the Uniswap ecosystem, in order to further expand Uniswap’s multi-chain presence.
Illusory Systems, Inc. Uni v3 Additional Use Grant Illusory Systems, Inc. is granted an additional use grant to allow the Illusory Systems, Inc. to use the Uniswap V3 Core software code (which is made available to Illusory Systems, Inc. subject to license available at https://github.com/Uniswap/v3-core/blob/main/LICENSE (the “Uniswap Code”)). As part of this additional use grant, Illusory Systems, Inc. receives a limited worldwide license to use the Uniswap Code for the purposes of: creating, deploying and making available aspects of an interest rate swap automated market maker (the “IRS AMM”); to modify and update the IRS AMM over time; and deploy the IRS AMM and portions thereof as smart contracts on blockchain-based applications and protocols. Illusory Systems, Inc. is permitted to use subcontractors to do this work. This license is conditional Illusory Systems, Inc. complying with the terms of the Business Source License 1.1, made available at https://github.com/Uniswap/v3-core/blob/main/LICENSE. # Deploy Uniswap V3 on Moonbeam ### Summary In support of furthering the vision of [Multichain Uniswap](https://uniswap.org/blog/multichain-uniswap), we at [Blockchain at Berkeley](https://blockchain.berkeley.edu/) are partnering with [Nomad](https://app.nomad.xyz/) to propose that the Uniswap community authorize Nomad (Illusory Systems, Inc) to deploy Uniswap V3 to [Moonbeam](https://moonbeam.network/). The timeline for deployment will be approximately 3-4 weeks following the completion of this Governance Proposal. ### Proposal Links - Governance Proposal: [discussion](https://gov.uniswap.org/t/governance-proposal-deploy-uniswap-v3-on-moonbeam/16759) - Consensus Check: [discussion](https://gov.uniswap.org/t/consensus-check-deploy-uniswap-v3-to-moonbeam/16624), [snapshot](https://snapshot.org/#/uniswap/proposal/QmcVpxCSkL8rPmZgow8uL2GbdPZtUKS3huY9aSExKNfEK6) (passed with 9.6M UNI in favor) - Temperature Check: [discussion](https://gov.uniswap.org/t/temperature-check-deploy-uniswap-v3-on-moonbeam/16572), [snapshot](https://snapshot.org/#/uniswap/proposal/QmaG6nJYW3xLeQwAa6xxhpbuYS8h6PVQpbx1vfqpqxAtik) (passed with 8.3M UNI in favor) ### Description Moonbeam is a Polkadot parachain which features EVM-compatibility, allowing it to serve as a port-of-entry for Ethereum-native apps to participate in the greater Polkadot ecosystem. We believe deploying Uniswap to Moonbeam will bring the following benefits to the Uniswap community: * **Expansion into Polkadot**: Uniswap will be able to tap into a brand new market and all the community members in the Polkadot ecosystem. Moonbeam’s EVM-compatibility makes it simple to deploy existing Solidity code, while simultaneously providing access to other parachains using XCM. By leveraging XCM and Moonbeam’s position as the DeFi hub for Polkadot, Uniswap has the opportunity to become the premier AMM across Polkadot. * **Trust-minimized Governance**: Per Uniswap’s goal of becoming a multi-chain protocol while remaining trust-minimized, we propose using Nomad’s trust-minimized channels to deploy Uniswap V3 on Moonbeam. This can serve as an opportunity to test this improved decentralized governance application within a safe container, with the potential of rolling it out to other V3 deployments in the future. * **Rewards for Uniswap Grants Program**: Instead of simply offering liquidity mining incentives, we want to fund community members working to develop and enrich multichain experiences built with Uniswap. The Moonbeam Foundation will commit $2.5M to the Uniswap Grants Program to fund cross-chain development deployed within the Uniswap ecosystem, in order to further expand Uniswap’s multi-chain presence.
_setImplementation(address)_setProposalThreshold(uint256)_grantComp(address,uint256)# Lower Proposal Threshold to 25K COMP ## Simple Summary A proposal to reduce Compound's proposal threshold to 25K. ## Overview Governor Bravo enables Compound’s community to change the proposal threshold & over the past several months we’ve seen several key issues that we believe warrant lowering the proposal threshold. Based off of community feedback, we believe that reducing the proposal threshold to 25K provides an important step in the right direction. This new threshold enables 17 additional EOAs to propose, empowering more community members to participate in governance & programmatically reducing the barrier to entry for delegates. [Full Proposal and Forum Discussion](https://www.comp.xyz/t/lower-proposal-thresholds-v2/2840) ## Technical Details 1) Changes the minimum setable proposal threshold in GovernorBravoDelegate to 1K (simplifies lowering the proposal threshold in the future). Updates GovernorBravoDelegate implementation from [here](https://etherscan.io/address/0x563a63d650a5d259abae9248dddc6867813d3f87#code) to [here](https://etherscan.io/address/0x30065b703de5d473975a2db5bbb790a23fd6efbd) (identical besides the minimum setable proposal threshold constant). 2) Reduces proposal threshold to 25K. 3) Grants 5 COMP to Ratan to reimburse gas fees for deploying the new GovernorBravoDelegate contract. The proposal simulation can be found [here](https://github.com/ratankaliani/compound-protocol/blob/master/spec/sim/0089-lower-proposal-threshold-v2/post_deploy.scen).
_setImplementation(address)_setProposalThreshold(uint256)_grantComp(address,uint256)# Lower Proposal Threshold to 10K COMP ## Simple Summary A proposal to reduce Compound's proposal threshold to 10K. ## Overview Governor Bravo enables Compound’s community to change the proposal threshold & over the past several months we’ve seen several key issues that we believe warrant lowering the proposal threshold. Based off of community feedback, we believe that reducing the proposal threshold to 10K provides an important step in the right direction. This new threshold enables 29 additional EOAs to propose, empowering more community members to participate in governance & programmatically reducing the barrier to entry for delegates. [Full Proposal and Forum Discussion](https://www.comp.xyz/t/lower-proposal-thresholds-v2/2840) ## Technical Details 1) Changes the minimum setable proposal threshold in GovernorBravoDelegate to 1K (simplifies lowering the proposal threshold in the future). Updates GovernorBravoDelegate implementation from [here](https://etherscan.io/address/0x563a63d650a5d259abae9248dddc6867813d3f87#code) to [here](https://etherscan.io/address/0x30065b703de5d473975a2db5bbb790a23fd6efbd) (identical besides the minimum setable proposal threshold constant). 2) Reduces proposal threshold to 10K. 3) Grants 5 COMP to Ratan to reimburse gas fees for deploying the new GovernorBravoDelegate contract. The proposal simulation can be found [here](https://github.com/ratankaliani/compound-protocol/blob/master/spec/sim/0088-lower-proposal-threshold-v2/post_deploy.scen).
_setImplementation(address)_setProposalThreshold(uint256)_grantComp(address,uint256)# Lower Proposal Threshold to 10K COMP ## Simple Summary A proposal to reduce Compound's proposal threshold to 10K. ## Overview Governor Bravo enables Compound’s community to change the proposal threshold & over the past several months we’ve seen several key issues that we believe warrant lowering the proposal threshold. Based off of community feedback, we believe that reducing the proposal threshold to 10K provides an important step in the right direction. This new threshold enables 29 additional EOAs to propose, empowering more community members to participate in governance & programmatically reducing the barrier to entry for delegates. [Full Proposal and Forum Discussion](https://www.comp.xyz/t/lower-proposal-thresholds-v2/2840) ## Technical Details 1) Changes the minimum setable proposal threshold in GovernorBravoDelegate to 1K (simplifies lowering the proposal threshold in the future). Updates GovernorBravoDelegate implementation from [here](https://etherscan.io/address/0x563a63d650a5d259abae9248dddc6867813d3f87#code) to [here](https://etherscan.io/address/0x30065b703de5d473975a2db5bbb790a23fd6efbd) (identical besides the minimum setable proposal threshold constant). 2) Reduces proposal threshold to 10K. 3) Grants 5 COMP to Ratan to reimburse gas fees for deploying the new GovernorBravoDelegate contract. The proposal simulation can be found [here](https://github.com/ratankaliani/compound-protocol/blob/master/spec/sim/0088-lower-proposal-threshold-v2/post_deploy.scen).