Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
[Uniswap Labs Launches Unichain Without Unanimous Consent From UNI Token Holders] According To Protos, One Of The Largest Holders Of UNI Tokens Has Questioned Uniswap's Decentralization And Behind-the-scenes Dealings, Especially Its Rhetoric Of A Series Of Transformations On The Grounds Of "efficiency" And Possible Undisclosed Financial Interests Between Uniswap Labs And Another Blockchain, Optimism. Billy Gao, Head Of Governance At Stanford Blockchain Club At Stanford University (a Representative Entrusted By Thousands Of Individuals To Hold UNI Governance Tokens), Published A 22-post Complaint About Uniswap's Sudden Decision To Launch Its Own Blockchain, Cancel The Proposed Fee Switching Mechanism That Could Benefit UNI Holders, And Bypass The DAO That Ostensibly Governs Uniswap. Billy Gao Wrote That Unichain's Hasty Launch "surprised Many People" And Left "delegates In The Dark." He Also Noted That The Decision "substantially Changed" UNI's ERC-20 Contract, Which Is "immutable" Only Under The Strictest And Most Meaningless Definition - Because UNI Is Now Tied To A Brand New Blockchain. The Representative Questioned: "What Control Do Token Holders Really Have?" Gao Also Expressed Suspicion That There May Be Financially Motivated Behind-the-scenes Dealings Behind Uniswap's "illegal Behavior" To Bypass The DAO. Although He Did Not Make Formal Accusations, He Pointed Out That "there Must Be Reasons Behind Adopting The OP (Optimism) Stack To Support Unichain." Gao Asked Uniswap Labs Why It Chose OP And Why Everyone Should Believe That There Was No Behind-the-scenes Dealings In This Decision. Previously, Uniswap Developers Launched Its Own Layer2 Network Unichain Built On Optimism Technology
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data