Is it worth the cost? The Uniswap Labs community mulls over a new proposal that would form a Uniswap Foundation based in the United States but comes with a price tag of $74 million.
in a Thursday tweet that he was “Sooo excited about this proposal.” Adams seemed confident that the proposal would pass when he added, “After this passes, the Foundation will be yet another team working towards a future where the Protocol does not just survive — it thrives!”
5/ The strength of an ecosystem grows with each additional team building and working towards its success. Imo, after this passes, the Foundation will be yet another team working towards a future where the Protocol does not just survive — it thrives!Although the proposal has so far enjoyed a fair amount of support from Adams and others in the Uniswap community, it has run into a significant cohort of detractors who say the price is far too high.
Partner at Cinneamhain Ventures Adam Cochran shared his approval for the goals of the UF, but added in a Thursday tweet that the $60 million for the UGP “is misguided at this phase.”So I don't mind the proposal to create a Uniswap Foundation - and I think its got decent planning.Uni Grants Program has thus far deployed ~$7M in grants so and its frankly been underwhelming.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uniswap Proposal Seeks to Create Independent Entity With a $74M BudgetThe new proposal sees the funding being distributed on two separate occasions.
Read more »
Balenciaga selling ‘most expensive trash bag in the world’ for $1,790Balenciaga selling 'most expensive trash bag in the world' for $1,790
Read more »
Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debateThere's no fooling analysts on inflation as U.S. payroll data accompanies fresh Bitcoin price rejection.
Read more »
Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlookBitcoin saw an overnight surge, but will the gains continue? (Reporting via WilliamSuberg)
Read more »
2023 Genesis G90 starts at $89,495, comes loadedThe 2023 Genesis G90 gets a price increase, but also comes with a full host of modern conveniences.
Read more »
Epidemiologist says Sask. has 'some ways to go' with respect to boostersIn Saskatchewan, there have been 96 serious adverse reactions to the vaccines from 2,530,557 for a 0.004 per cent chance of serious reaction.
Read more »