Uniswap

Dear Uniswap Community,

The Voltz Labs team recently submitted a proposal to request for an “Additional Use Grant” from Uniswap governance. This would allow Voltz to use aspects of the Uniswap v3 code that is subject to the “Business Source License”.

Voltz is a new DeFi primitive, bringing interest rate swaps to DeFi in a manner that is up to 3000x more capital efficient than alternative models. Voltz, therefore, is not a competitor to Uniswap but instead is complementary; interest rate swaps are a core pillar of well-functioning financial systems - so as Voltz grows it should help DeFi grow, which in turn should have second order benefits to Uniswap.

That said, the Voltz Labs team recognise the significant R&D that went into v3 and as a result are offering Uniswap governance 1% of Voltz future tokens alongside a number of additional non-financial benefits. The full proposal, and discussion, can be found here: https://gov.uniswap.org/t/should-uniswap-provide-voltz-with-v3-additional-use-grant/15669?u=simonj

Following positive feedback, including the discussion with the Voltz Labs founders on the Uniswap discord community call last week, we are now initiating the Temperate Check with the Uniswap community.

We’re excited to see how the community votes. And excited about the opportunity to make this happen and set a precedent for DeFi!