Why did a16z vote against uniswap?

A16z is the largest voting entity on Uniswap, and its 15 million UNI tokens, voted “against” the proposal, were enough, for a brief period last weekend, to tilt the vote nearly 70% against the BNB Chain deployment. A16z representatives say the firm’s votes were cast against the proposal because of concerns about Wormhole’s security.

Will uniswap be deployed on the BNB chain?

The governance proposal to deploy the latest Uniswap iteration on the BNB Chain was submitted on Feb. 2 by 0xPlasma Labs on behalf of the Uniswap Community, after it passed a temperature check with 20 million (80.28%) votes for yes, and 4.9 million (19.72%) votes for no.

Why did uniswap deploy to Binance's BNB blockchain?

Community members of Uniswap, the leading decentralized crypto exchange (DEX), voted to deploy to Binance’s BNB blockchain using the Wormhole bridge, the culmination of a behind-the-scenes political battle that ended with the big Silicon Valley venture-capital project backer Andreesen Horowitz (a16z) on the losing side.

Why did Andreessen Horowitz vote against uniswap V3?

The venture firm used its 15 million UNI holding to vote against the deployment using the Wormhole bridge. Venture capital firm Andreessen Horowitz (a16z) voted against a final proposal to deploy Uniswap v3 on the BNB Chain using the Wormhole bridge, the Uniswap DAO forum shows .