Ekubo founder: Uniswap DAO temperature check had no relationship with Variant Fund before voting
Uniswap community has voted in favor of the "Temperature Check Proposal for Investing in Ekubo Protocol" this week, with a support rate of 63.82%. However, the largest vote has raised questions in the cryptocurrency community. It is reported that the vote came from Jesse Walden, a general partner of Variant Fund, who provided 8 million UNI out of a total of 21 million UNI in favor of the proposal and hopes that Ekubo can contribute to Uniswap's codebase. In response, Moody Salem, the founder of Ekubo Protocol and an early engineer at Uniswap, clarified that Ekubo had no relationship with Variant Fund before the Uniswap community launched the temperature check proposal vote.
The Uniswap Foundation has transferred a total of 9.8 million UNI in the past 6 days
According to Lookonchain monitoring, on October 29th, the Uniswap Foundation transferred a total of 9.8 million UNI tokens (about 40.66 million US dollars) within the past 6 days. Among them, 3.4 million UNI tokens (about 14.1 million US dollars) were deposited into OKX; 3 million UNI tokens (about 12.45 million US dollars) were deposited into Kraken; and 3.4 million UNI tokens (about 14.1 million US dollars) were transferred to FalconX.
Swiss bank Fiat24’s vote to issue Uniswap co-branded Visa debit card failed
The Snapshot vote results showed that Swiss bank Fiat24's proposal to issue a joint Uniswap-Visa debit card was not approved, with a 93% opposition rate.
Earlier, Fiat24 initiated a temperature check vote on the Uniswap governance platform, proposing to "issue a Visa debit card with the Uniswap logo". The proposal stated that Fiat24 is a regulated and licensed Swiss bank that operates on Arbitrum, and has abandoned servers, relying entirely on smart contracts to handle all banking operations. Fiat24 serves as the legal currency layer in decentralized exchanges such as Uniswap. Fiat24 proposed to cooperate with Uniswap to launch a joint Visa card to strengthen this bridge and expand its services to Europe, Southeast Asia, and Latin America.
Uniswap community votes to approve “Invest in Ekubo Protocol” temperature check proposal
On October 29th, Snapshot voting page displayed that the Uniswap community voted in favor of the "Temperature Check Proposal" for investing in Ekubo Protocol. Uniswap invested 12 million US dollars worth of UNI in the Starknet ecosystem AMM Ekubo Protocol in exchange for a 20% stake in Ekubo Protocol's future governance tokens. It is reported that MoodySalem, the founder of Ekubo Protocol, was formerly the engineering lead of the Uniswap team and contributed a lot to Uniswap's early code.
Uniswap front-end transaction fee revenue has exceeded $500,000
According to Dune data on October 29th, since the implementation of the new charging policy on October 17th, Uniswap's front-end transaction fee income has reached $539,053.
The Uniswap Foundation once again transferred 750,000 UNI to OKX in the past 13 hours, equivalent to approximately US$3.07 million
According to on-chain analyst Yu Jin, on October 29th, the Uniswap Foundation's related address starting with 0x16f transferred 750,000 UNI (worth $3.07 million) to OKX over the past 13 hours.
So far, out of the 9.79 million UNI transferred by the Uniswap Foundation on October 24th and 25th, 8.14 million UNI has been transferred to trading platforms, including:
· 3,399,077 UNI transferred to FalconX;
· 3,000,000 UNI transferred to Kraken;
· 1,750,000 UNI transferred to OKX.
a16z transferred 7 million UNI from the voting address to the new address this morning
According to Arkham data monitoring on October 28th, a16z transferred 7 million UNI (approximately 28 million US dollars) from the "a16z: UNI Voting" address to a new address starting with 0x9D939 this morning. This is the first single token transfer of a16z exceeding $10,000 since July.
Prior to this, the Uniswap Foundation transferred a total of approximately $40 million worth of UNI to Kraken, OKX, and FalconX in the past week.
a16z moved $28 million in UNI from the "UNI Voting" address to a new address
a16z transferred 28 million US dollars worth of UNI from the "UNI Voting" address to a new address.
In the past 3 days, the Uniswap Foundation deposited 9.79 million UNI into CEX and Falcon X
The Data Nerd reported that 12 hours ago, the Uniswap Foundation deposited 500,000 UNI tokens (approximately $2.15 million) into OKX at an average price of $4.3.In the past three days, the Uniswap Foundation has deposited a total of 9.79 million UNI tokens (approximately $41.9 million) into CEX and Falcon X. Previously, on October 25th, ChainCatcher reported that Uniswap governance had approved continued funding for the Uniswap Foundation. Previously, the Uniswap Foundation had requested a proposal for $46.2 million to support their work for the next two years.
Uniswap Foundation once again deposited 500,000 UNI to OKX
The Data Nerd reported that 12 hours ago, the Uniswap Foundation deposited 500,000 UNI (worth $2.15 million) into OKX at a price of $4.3. In the past three days, they have deposited a total of 9.79 million UNI (worth $41.9 million) into CEX and Falcon X.
