


The approval of the proposal to deploy Uniswap v3 on BNB Chain sets up a major showdown with PancakeSwap and an array of competing DEXes.
Super Heavyweight DEX Coming to BNB Chain
Let the Battle of the DEXes on BNB Chain begin! The Uniswap community has officially approved a proposal to deploy Uniswap v3 on BNB Chain, setting up a massive showdown with the chain’s longtime dominant Decentralized Exchange (DEX) PancakeSwap as well as other competitors, new and old.

When voting ended at 13:53 UTC Feb. 10, more than 66% of $UNI ballots were cast in favor of the proposal from 0xPlasma Labs.
As is typical for political processes, the sausage-making by the Uniswap DAO wasn’t entirely pretty, as the selection of Wormhole as the cross-chain bridge between Ethereum and BNB Chain goaded major $UNI holder a16z (a backer of competing bridge LayerZero) into casting all of its 15 million UNI tokens against the proposal.
The introduction of outsize influence by a special interest group raised eyebrows and hackles among the decentralization-loving crypto crowd.
But in the end, a16z’s size was not size enough, although its votes accounted for about half of the “Nays” to the proposal.
Uniswap Supremacy
The introduction of Uniswap v3 to BNB Chain is obviously a huge deal. As BSC News noted in a previous story, powered by its greater capital efficiency, the DEX almost instantly rose to a dominant position when it expanded to Polygon, basically wiping out the market share of native protocol Quickswap (like PancakeSwap, based on a fork of an earlier version of Uniswap).
In fact, on all five chains where Uniswap v3 has been deployed -- Ethereum, Polygon, Optimism, Arbitrum, and Celo -- it is the dominant DEX on that chain in terms of trade volume, according to DefiLlama.
(Most recently, Uniswap v3 took the top spot on Celo in terms of 7-day trading volume, surpassing Ubeswap, which is, yep, based on a fork of Uniswap.)
Battle of the DEXes on BNB Chain
Does Uniswap’s entrance spell trouble for PancakeSwap? Will the chefs prevail, as they’ve been introducing major upgrades to the DEX and expanding to other chains themselves, such as Ethereum and Aptos?
Even if Uniswap v3 is able to provide more-efficient trades to users compared to PancakeSwap, will that matter to users on a blockchain with such low transaction costs that gas fees are mostly an afterthought?
And of course, it wouldn’t be wise to sleep on the cast of up-and-coming challengers, including Trader Joe, Wombat Exchange, Baby Doge Swap, and Thena, or BNB Chain veterans like BiSwap and DODO.
No matter which protocols emerge victorious from the Battle of the DEXes, the heightened competition is a win for DeFi users and BNB Chain itself.
What is Uniswap:
Uniswap was launched in November 2018 and has grown to become the largest decentralized exchange in its category. It was built open-source on the Ethereum blockchain and uses the AMM model to facilitate Ethereum ERC-20 token swaps. Uniswap
Much of the progress made in Ethereum-based DeFi expansion is attributable to Uniswap as it provided the market-making utility for Web3 apps to function in a decentralized environment. The platform consistently records daily trade volumes of over half a billion dollars and has a total volume locked (TVL) of more than $3 billion. The platform has traded over $1 trillion since it launched via over 129 million transactions.
Where to find Uniswap:
What is PancakeSwap:
PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain. It offers users various features such as Liquidity Pools, Swapping, Yield Farming, Syrup Pools, Automated Market Maker, Initial Farm Offering (IFO), NFT profile system, and many others.
In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on the BNB Chain.
Where to find PancakeSwap:
Website | Twitter | Medium | GitHub
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Community Engagement Showdown: Exploring The Strategies Of DogeMiyagi, Chainlink, And Ripple

DogeMiyagi stands out with its unique approach and entertaining nature, appealing to a wide audience and fostering community involvement.
Community engagement strategies play a pivotal role in shaping the success and growth of various platforms in the realm of cryptocurrency. This article explores and analyzes the community engagement strategies employed by three prominent players in the crypto space: DogeMiyagi, Chainlink, and Ripple. By examining their approaches and their impact on platform growth, this article aims to shed light on the diverse strategies employed within the industry.

DogeMiyagi: Embracing Camaraderie And Memes
DogeMiyagi, a captivating new meme token, has emerged with a unique approach to community engagement. Inspired by the legendary martial arts master, Mr. DogeMiyagi, this platform harnesses the power of camaraderie and the indomitable spirit of its community. With a comical tone, DogeMiyagi appeals to individuals seeking both entertainment and investment opportunities in the crypto-verse.
The platform encourages users to connect their wallets and generate unique referral codes, allowing them to easily share the opportunity with friends, family, and online connections. Each time someone uses their code to purchase $MIYAGI tokens, they earn a generous 10% commission on the investment, automatically credited to their wallet. This incentivized referral system promotes community involvement and rewards active participants, fostering a sense of belonging and collective growth.

Chainlink: Empowering The Decentralized Oracle Network
In contrast to DogeMiyagi's lighthearted approach, Chainlink focuses on building a robust decentralized oracle network that connects smart contracts with real-world data. With a strong emphasis on reliability and security, Chainlink's community engagement strategy revolves around educating and collaborating with developers, enterprises, and blockchain enthusiasts.
Chainlink actively engages with the community through various channels such as developer grants, hackathons, and forums. They provide comprehensive documentation, tutorials, and developer resources to encourage the integration of Chainlink's oracle solutions into diverse blockchain ecosystems. By fostering collaboration and supporting developers, Chainlink aims to establish itself as the go-to oracle provider in the industry, driving growth through partnerships and innovation.
Ripple: Facilitating Cross-Border Transactions
Ripple, a renowned player in the crypto space, offers a unique approach to community engagement with a specific focus on facilitating seamless cross-border transactions. Ripple's platform aims to revolutionize the traditional financial system by providing faster and cost-effective international payment solutions.
Ripple engages with its community by partnering with financial institutions and industry leaders, building a network that enables frictionless global transactions. Through educational initiatives, conferences, and webinars, Ripple educates both consumers and businesses about the benefits of blockchain technology and its potential to transform the financial landscape. By collaborating with established players and advocating for regulatory clarity, Ripple seeks to create an environment conducive to the widespread adoption of cryptocurrencies, thus driving its own growth and that of the crypto industry as a whole.

In the crypto landscape, community engagement strategies play a pivotal role in shaping the growth and success of platforms. DogeMiyagi's approach, driven by camaraderie and a comical tone, taps into the power of memes and incentivized referrals, fostering a strong community bond. Chainlink, on the other hand, focuses on education, collaboration, and technological innovation to position itself as a trusted oracle provider. Ripple's strategy revolves around partnerships, regulatory advocacy, and the facilitation of cross-border transactions to drive the adoption of blockchain-based financial solutions.
While all three platforms demonstrate their strengths and contributions to the crypto industry, DogeMiyagi's unique approach and entertaining nature set it apart. Its emphasis on camaraderie, memes, and incentivized referrals appeals to a wide audience and fosters a strong sense of community involvement.
For those interested in exploring the world of cryptocurrencies and discovering unique opportunities like DogeMiyagi, join the meme coin revolution, and embark on an exciting journey with DogeMiyagi.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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