Bitcoin24h $66,412.99+0.01%

Ethereum24h $1,995.79+0.24%

BNB24h $610.78-0.33%

XRP24h $1.33+0.38%

Solana24h $82.06-0.90%

TRON24h $0.3159+1.78%

Dogecoin24h $0.0907+0.59%

Hyperliquid24h $39.46+3.66%

Bitcoin Cash24h $481.62+1.57%

Cardano24h $0.2456-0.43%

Why does a16z want to strengthen its grip on Uniswap?

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.

Uniswap votes to launch on Binance’s centralized BNB Chain

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.

The Uniswap community is voicing concerns that its wealth-based voting system is pushing the platform toward greater centralization.

Scammers targeted 75,000 Uniswap liquidity providers, with two unlucky victims losing $8 million in bitcoin and ether between them.