Uniswap defends business source licensing choice amid criticism

Decentralized exchange Uniswap (UNI) defended its Business Source Licensing (BSL) choice for its V4 in a June 14 Youtube video.
Uniswap Labs Engineering lead Noah Zinsmeister argued that making the source code BSL-protected is a balance between incentivizing innovation and giving exclusive proprietary rights for a short time, as the code will become General Public License (GPL) in four years.
“The sort of proprietary license or the non-open source aspect of the USL is really just intended to prevent the very low effort forks that are honestly kind of not bringing value to anyone.”
The DEX had come under heavy criticism from the crypto community for labeling its V4 as open source when BSL protected it. Uniswap V4 introduces the “hooks” feature that customizes liquidity pools and makes them more dynamic. The V4 also integrates architectural improvements to accommodate the diversity of pools, among other improvements.
An open-sourced project is one whose source code is available t

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