ChainCatcher news, the Starknet ecosystem AMM protocol Ekubo announced on social media that it will participate in the Starknet DeFi Spring program launched by the Starknet Foundation. In the next six to eight months, users will be able to earn STRK incentives by providing liquidity, starting with the following trading pairs:STRK/ETHSTRK/USDCETH/USDCUSDC/USDTIt is reported that the returns users receive will depend on how much liquidity is provided for these trading pairs.In addition, users can also earn NFTs by completing Intract tasks.

ChainCatcher news, the Starknet ecosystem AMM Ekubo protocol has decided not to proceed with the proposal regarding the Uniswap DAO investment in Ekubo, and will not put the proposal to an on-chain vote. The reason is that implementing the proposal through the requested changes would impose a heavy burden on Ekubo and distract from the focus on the development of the Ekubo protocol. The related opinion proposal has been approved by a vote from the Uniswap community.

ChainCatcher news, the Uniswap community has voted to approve the "Investment in Ekubo Protocol" temperature check proposal, with a support rate of 63.82%. The Uniswap DAO will invest $12 million worth of UNI in exchange for a 20% share of future Ekubo Protocol governance tokens.It is reported that the temperature check vote on "Investment in Ekubo Protocol" was held on October 25, ending at 11:59 AM Beijing time on October 28, with a dissent rate of 59.46%.According to RootData, Ekubo Protocol is an AMM on Starknet, and its founder Moody Salem joined Uniswap as the fifth employee in April 2020 and served as a software development engineer.

ChainCatcher message, the Snapshot voting page shows that the Uniswap community has passed the temperature check proposal to "invest in Ekubo Protocol." Uniswap is investing $12 million worth of UNI in Ekubo Protocol in exchange for a 20% stake in the future governance tokens of the Starknet ecosystem AMM Ekubo Protocol.It is reported that Moody Salem, the founder of Ekubo Protocol, was the engineering lead of the Uniswap team and contributed a significant amount of early code for Uniswap.