Uniswap defi education fund

uniswap defi education fund



Best cross-chain yield aggregator
Earn now ◂


Proposal to allocate one million UNI to create and fund the "DeFi Education Fund," a 501(c)(4) nonprofit entity based in the United States to provide grants for political, educational, and legal engagement. This proposal has passed the temperature and consensus checks with massive supermajorities and healthy, spirited debate.

Defi Education Fund @fund_defi With the help of @GenesisTrading, we sold 500k UNI for ~$10.2M USDC in order to fund the efforts of the Defi Education Fund. In the next 24 hours, we will be sending 500k UNI to Genesis and receiving ~$10.2M USDC in return. 2:55 PM - 12 Jul 2021 56 12

July 13, 2021 Yet another saga across the decentralized finance (DeFi) field as Uniswap-fueled, DeFi Education fund liquidates half its donation to stablecoins. Several complaints on the now-passed 1 million UNI fund have seen several crypto influencers question the "decentralization aspect" of the world's largest decentralized exchange, Uniswap.

After 500,000 UNIs obtained 10.2 million USDC through off-site sales, the DeFi Education Fund (DeFi Education Fund, hereinafter referred to as "DEF") ignited the anger of some community members of Uniswap.

First of all, the DeFi Education Fund was only able to secure the 1 million USD grant thanks to generous support by several centralized UNI whales such as ConsenSys, who have openly expressed their support to fund a DeFi advocacy group. Secondly, the 4/7 multisig wallet that was set up to keep the funds secure did not prevent the sell-out.

The DeFi Education Fund's (DEF) mission is to educate policymakers about the benefits of decentralized finance and to achieve regulatory clarity for the DeFi ecosystem. The DEF is nonpartisan and global in approach and orientation. To accomplish its multi-pronged mission, the DEF focuses on research and advocacy efforts in the following areas:

The DeFi Education Fund (DEF), an organization funded by Uniswap to spearhead lobbying and educational initiatives in support of the decentralized finance sector, has defended its sudden move to...

There has been a lot of debate around decentralized exchange Uniswap and the DeFi Education Fund (DEF). This entity received $20 million or 1 million UNI, the protocol's native governance token, to be lobby and increase the DeFi sector level of adoption. The funds are to be liquidated in 4 to 5 years.

"the defi education fund committee members, the uniswap core team and its investors (including a16z) have refused to answer any specific questions posed to them about the fund's origins, who came up with the idea, how future policy will be derived, and more," blec wrote, noting that a letter he sent to andressen horowitz had been "willfully …

UNISWAP PROTOCOL Swap, earn, and build on the leading decentralized crypto trading protocol. $489B+ Trade Volume 71M+ All Time Trades 300+ Integrations 4,400+ Community Delegates UNISWAP ECOSYSTEM → A growing network of DeFi Apps.

Uniswap (UNI) has been declining after seeing a slight bullish momentum in the market. Currently, the cryptocurrency is moving in tandem with the market - going downhill. At the time of writing, Uniswap stands at a price level of $17.16. The price has declined by 4% in the past twenty-four hours while the trading volume has dropped by 12%.

Concerns raised as $10 million in Uniswap tokens got sold after 'insider' proposal - CryptoSlate. The new policy organization, DeFi Education Fund, focused on promoting decentralized finance (DeFi) education and advocacy were supported through the Ethereum (ETH) DeFi protocol Uniswap and it deployed half of the funds received from the protocol's treasury in a single transaction.

Uniswap DeFi Fund Controversy: In brief It alls started after Uniswap converted half the funds in UNI to $10.2 million in USDC for its DeFi Education Fund [DEF] in a surprise sale in the second week of July. The move was enough to cause significant backlash from the decentralized finance community.

The DeFi Education Fund has been slammed for selling half of its Uniswap tokens for $10 million. The firm was established following a Uniswap governance proposal. According to the Twitter account of the newly formed Decentralized Finance Education Fund, they sold 500k UNI for around $10.2 million USDC.

In May, the Harvard Law Blockchain and Fintech Initiative (HLBFI) launched a Uniswap governance proposal for the creation of the fund and an allocation of 1-1.5 million UNI to support educational initiatives and lobbying for the DeFi sector. Earlier this month, the vote was approved and the UNI tokens were transferred into the DeFi Education Fund.

On June 12, the fund tweeted that it was selling 500,000 UNI to Genesis Trading for 10.2 million USDC in an over-the-counter (OTC) trade, despite the Uniswap proposal for the fund indicating it would liquidate the 1 million UNI over four to five years.

The DeFi Education Fund (DEF), an organization funded by Uniswap to spearhead lobbying and educational initiatives in support of the decentralized finance sector, has defended its sudden move to liquidate half of its UNI treasury earlier this week. ... In May, the DEF was conceived in a Uniswap governance proposal from the Harvard Law ...

Updated Sep 14, 2021 at 6:24 a.m. PDT. The freshly funded DeFi Education Fund (DEF), a new policy organization supported through Uniswap, turned half of the assets allocated to it by Uniswap ...

July 14, 2021, 1:59 AM · 2 min read Another round of controversy has arisen over the decisive Uniswap DeFi Education Fund as half of the donated tokens have been liquidated into stablecoins. On...

Uniswap DeFi Fund dumped $10 Million UNI Tokens . Uniswap's DeFi Education Fund said it has transferred half of its tokens to stablecoins.. This news made members of the crypto community question the true decentralization of Uniswap and the purpose of creating the fund itself. Even more, negativity emerged after the news

The controversial Uniswap-funded DeFi Education Fund has liquidated half of its donated funding into stablecoins, attracting condemnation from many in the crypto community. On June 12, the fund ...

The recently created DeFi Education Fund has come under fire for abruptly announcing it had liquidated half the one million UNI tokens given to that through UNI governance. The controversial Uniswap-funded DeFi Education Fund has liquidated half its given funding into stablecoins, attracting condemnation from several within the crypto community.

UNISwap is the mining method of the nodes in the new generation blockchain, which is the dual combination of CPU with FPGA, IPFS, GPU, ASIC respectively, and it is also a new mining method after Bitcoin and Ethernet Square. It is mainly aimed at the holders of the common chain using the USDT storage consensus mechanism.

Uniswap (UNI) has been declining after seeing a slight bullish momentum in the market. Currently, the cryptocurrency is moving in tandem with the market - going downhill.

The freshly funded DeFi Education Fund (DEF), a new policy organization supported through Uniswap, turned half of the assets allocated to it by Uniswap governance, 500,000 UNI (around $10 million) into USDC via a trade facilitated by Grayscale, it announced on Monday.

The newly formed DeFi Education Fund, which was established following a Uniswap governance proposal, has been criticized for selling $10 million worth of UNI tokens. The $10 million had been allocated to the group as a grant from the Uniswap treasury; the group received a total of $20 million worth of UNI. The recent sale has raised eyebrows ...

Yet another saga across the decentralized finance (DeFi) field as Uniswap-fueled, DeFi Education fund liquidates half its donation to stablecoins. Several complaints on the now-passed 1 million UNI fund have seen several crypto influencers question the "decentralization aspect" of the world's largest decentralized exchange, Uniswap.




More interesting articles here
▾ ▾ ▾