2 hours ago
Uniswap DAO Moves to Reclaim $42M in UNI Tokens Loaned to Delegates and Foundation
DeFiCrypto GovernanceDAO VotingdecentralizationDeFi governanceToken DelegationToken DelegationUniswap DAOUNI tokenUniswap DAOUniswap Foundation
TLDR: Uniswap DAO is voting to reclaim 12.5M UNI tokens worth $42M loaned to delegates between 2022 and 2023. Passed proposals now average 75M votes in turnout, exceeding governance quorum by roughly 88% consistently. Critics argue a16z crypto and large token holders dominate DAO voting, leaving smaller UNI holders with little say. Reclaiming loaned tokens [...]
The post Uniswap DAO Moves to Reclaim $42M in UNI Tokens Loaned to Delegates and Foundation appeared first on Blockonomi.
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