Since teasing a new version of its decentralized exchange protocol, Uniswap has been accused of co-opting the community’s open-source ethos.
The Uniswap governance forum is again debating whether to activate the protocol’s ‘fee switch,’ which would finally see it accrue revenue.
If it’s true that a16z holds the rumored amount of UNI tokens, it would be able to unilaterally reach quorum for voting on Uniswap proposals.
Despite community concerns, a vote to deploy Uniswap v3 on BNB Chain has passed with over 80% of the vote.
Binance activated a vote function using customers’ UNI tokens. This Binance UNI delegation would have been Uniswap’s second-largest voter.
- Tether executives have brushed shoulders with crime since its inception
- Floor price of Stoner Cats NFTs up 250% after SEC action
- Soulja Boy and Austin Mahone lose to SEC, Justin Sun still to respond
- Fortress Trust says ‘no loss of funds’ as its customers’ crypto was stolen
- X keeps 99% of ad revenue from most creator payouts
- David Bailey accuses Barry Silbert of using customer funds to pump GBTC
- Joseph Bankman warned Scaramucci about FTX
- Family office Nima Capital unofficially exits from Synapse token
- Another Binance executive jumps ship amid regulatory woes