Conflux, a regulatory-compliant public blockchain based in China, seeks to deploy the Uniswap v3 on its network, according to a proposal on Uniswap's governance forum on April 7.

As per the proposal, the deployment would provide "access to millions of potential new users, particularly in the Chinese and Asian markets." According to Conflux, its network experienced a spike in traffic in the first quarter of 2023. The network has a market capitalization of nearly $1 billion and $45 million in total value locked (TVL) on-chain. 

Aside from potential market reach, incentives offered for projects building on top of Uniswap v3 on the Conflux Network are the creation of liquidity pools for CFX token trading pairs — specifically, CFX-USDT, CFX-BTC, and CFX-ETH. These liquidity pools would be worth $2 million and locked for two years. The Conflux Foundation would also provide $1 million in "liquidity incentives."