{"id":157660,"date":"2021-01-19T07:00:43","date_gmt":"2021-01-19T04:00:43","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uniswaps-founder-wants-your-advice-on-how-to-spend-500-million\/"},"modified":"2021-01-19T07:00:43","modified_gmt":"2021-01-19T04:00:43","slug":"uniswaps-founder-wants-your-advice-on-how-to-spend-500-million","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uniswaps-founder-wants-your-advice-on-how-to-spend-500-million\/","title":{"rendered":"# Uniswap&#8217;s founder wants your advice on how to spend $500 million"},"content":{"rendered":"<p>&#8220;<strong># Uniswap&#8217;s founder wants your advice on how to spend $500 million <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvMTVkZThhZTYtZDZjMy00OGE0LTkyMTgtZWZmMGI0MDYwZjkwLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Unsiwap creator Hayden Adams has taken to crypto-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">twitter<\/a> to source feedback on how the DEX should allocate its $500 million governance treasury.<\/p>\n<p>With Uniswap\u2019s native UNI token currently trading at $9.30 after rallying to break its previous all-time high of $7.10 last week, the vested share of Uniswap\u2019s warchest is now valued at more than half a billion dollars.<\/p>\n<p>\u201cWhat are some of the most impactful ways governance can allocate this UNI?\u201d Adams asked the community.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">~$500M worth of UNI has already vested to the Uniswap governance community treasury out of $4b total (based on current price)<\/p>\n<p>What are some of the most impactful ways governance can allocate this UNI? <\/p>\n<p>Dream big <\/p>\n<p>\u2014 Hayden Adams  (@haydenzadams) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/haydenzadams\/status\/1351255640971354115?ref_src=twsrc%5Etfw\">January 18, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Adams received a variety of suggestions, including a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mhizta_huthman\/status\/1351256526472810500\">request<\/a> for a second UNI airdrop\u00a0to recent Uniswap users, a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mhizta_huthman\/status\/1351256526472810500\">call<\/a> for 90% of Uniswap\u2019s governance tokens to be burned, and tongue-in-check proposals for the funds be invested in hiring the \u201c<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ricosoon\/status\/1351266976342003712\">shilling<\/a>\u201d services of various Twitter-users.<\/p>\n<p>Cihan Oztunc, product manager at the New York Stock Exchange, recommended Uniswap launch a VC firm to invest the treasury into promising new crypto projects:<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Start a VC firm called &#8220;Uniswap Ventures&#8221; and invest that money into new crypto projects. Once that $500M becomes $500B, we can buy space shuttles and organize space tours for lucky uniswap users.<\/p>\n<p>\u2014 Cihan (@cihan_oztunc) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/cihan_oztunc\/status\/1351278057085169667?ref_src=twsrc%5Etfw\">January 18, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Meanwhile, Marquet exchange co-founder, Emiliano Bonassi, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/emilianobonassi\/status\/1351259904900796416\">tweeted <\/a>that Uniswap should invest in accelerating the development of Layer 2 scaling solutions.<\/p>\n<p>DeFi commentator Samuel Shadrach asserted Uniswap should buy up a majority share of SushiSwap\u2019s supply and try to force a merger between the two platforms.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">That would be a big balls play lol. Buy up 51% of Sushiswap&#8217;s MC and force a merger of the two.<\/p>\n<p>\u2014 Samuel Shadrach (@SamuelShadrach4) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SamuelShadrach4\/status\/1351258606839099392?ref_src=twsrc%5Etfw\">January 18, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In September, Uniswap suddenly unveiled its native UNI token, with 43% of the token\u2019s one billion supply retained by the project\u2019s governance treasury for distribution over \u201can ongoing basis through contributor grants, community initiatives, liquidity mining, and other programs.\u201d<\/p>\n<p>In its four year token release cycle, the protocol will vest to the governance treasury on a continuous basis starting at 40% of the total allocation of 430 million UNI in the first year and reducing to 10%, or 43 million UNI by year four.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/uniswap-s-founder-wants-your-advice-on-how-to-spend-500-million\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Uniswap&#8217;s founder wants your advice on how to spend $500 million &#8221; Unsiwap creator Hayden Adams has taken to crypto-twitter to source feedback on how the DEX should allocate its $500 million governance treasury. With Uniswap\u2019s native UNI token currently trading at $9.30 after rallying to break its previous all-time high of $7.10 last&#8230;<\/p>\n","protected":false},"author":1,"featured_media":157661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvMTVkZThhZTYtZDZjMy00OGE0LTkyMTgtZWZmMGI0MDYwZjkwLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,88700,4965],"class_list":["post-157660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-uniswap","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/157660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=157660"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/157660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/157661"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=157660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=157660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=157660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}