Uniswap's founder wants your advice on how to spend $500 million
With Uniswap's treasury now worth more than $500 million, creator Hayden Adams has asked the crypto community for suggestions on how to spend it. 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’s 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’s warchest is now valued at more than half a billion dollars.“What are some of the most impactful ways governance can allocate this UNI?” Adams....
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The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been “engaging with a number of investors.”
Sources Say Uniswap Is Eyeing a Fresh Capital Raise From Investors Like Polychain
According to four unnamed sources familiar with the matter, Uniswap is eyeing fresh capital from investors. The news stems from a report published by Tech Crunch....
The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded to Uniswap Diamond, a project being constructed by GFX Labs.
Uniswap to Disperse $1.8 Million to 14 Different Projects
On September 21, the Uniswap Foundation announced the first wave of grants that aims to bolster the decentralized finance (defi) ecosystem and progress research and....
Both iterations of the world’s most popular DEX now generate more fee revenue than Bitcoin. The world’s largest decentralized exchange keeps growing and the newly-launched third iteration has now surpassed version two in terms of daily volumes.In addition to v3 topping the daily transaction volumes of v2, both have individually surpassed Bitcoin in terms of daily fee generation. The move was observed by Uniswap founder Hayden Adams who commented that both are earning more daily and weekly fees than Bitcoin miners.Data from Cryptofees showed that Uniswap v3, which was launched on May 5,....
Several users have aired complaints about the new version, especially its higher gas fees. The founder of Uniswap, Hayden Adams, has reported that the launch day of Uniswap’s v3 iteration was more successful than its predecessor in terms of volume.In a tweet on May 6th, Adams declared the launch of Uniswap v3 the day before a resounding success. He noted that over its first 24 hours of going live v3 had already processed more than twice the volume that v2 saw in its first month.Dividing Uniswap’s volume by total value locked, or TVL, Adams asserted the platform is operating with greater....
The decentralized exchange has supported $1.2 trillion in cumulative trading volume since its inception, according to founder and CEO Hayden Adams. Decentralized exchange Uniswap Labs has raised $165 million in a Series B funding round that had participation from some of blockchain's biggest venture firms, putting the company on track to expand into other crypto-focused domains. The funding round was led by Polychain Capital with additiona participation from several existing investors, including Andreessen Horowitz, Paradigm, Variant and SV Angel. The funding round confirms earlier....