Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Uniswap => Topic started by: Galaxy on June 08, 2021, 12:44:03 PM
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Proponents say "governments and international organizations are considering policies that may halt the innovation, expanded access, and transparency [DeFi] enables." An initiative by Uniswap token holders to create a $25 million "political defense" fund for DeFi protocols is two steps closer to becoming a reality.
The fund was proposed by the Harvard Law Blockchain & FinTech Initiative (HarvardLawBFI), who want 1 million UNI tokens ($25.7 million as of publication) from the community treasury to prop up a 501(c)(4) nonprofit that would "defend the protocol and DeFi from legal and regulatory threats." Source
(https://decrypt.co/72985/uniswap-effort-25-million-defi-lobbying-fund-inches-forward-despite-detractors)