Uniswap’s Creator Asks Community On How To Spend $500 Million
Last Updated: 19 January 2021
Hayden Adams stands as the creator of Uniswap, and has made a very interesting request for Twitter’s crypto community. His aim with this request is to gain feedback as to what Uniswap should do with its governance treasury, worth a staggering $500 million.
~$500M worth of UNI has already vested to the Uniswap governance community treasury out of $4b total (based on current price)
What are some of the most impactful ways governance can allocate this UNI?
Dream big
Price Rise Causing Massive Increase In Treasury
As it stands now, the UNI token, the native token for Uniswap, is trading at around $9.30 apiece. This comes after the coin managed to successfully rally past its previous all-time high of $7.10 just last week. As a result of this, Uniswap’s war chest had now seen a significant increase in value, and is currently worth half a billion US dollars.