Uniswap Foundation Is A Go

Uniswap Foundation Is A Go

With 86 million votes in favor, the Uniswap Foundation project has been green-lit by the community.

99% Votes In Favor

The proposal to create a new Uniswap Foundation (UF) has passed the final vote. This is what former Uniswap Labs executive Devin Walsh tweeted on Wednesday. Walsh is now acting as the executive director of UF, along with another former Uniswap executive Ken Ng, who is the UF Head of Operations. The UF project is planning to streamline the Uniswap Grant Program (UPG) and make the protocol’s governance system function smoother. The plan was up for a vote among UNI token holders. For the motion to pass, a threshold of 40 million votes needed to be cast in favor of the UF.

0.00 avg. rating (0% score) - 0 votes