Category: UNIUSDT

Uniswap Governance Vote Raises Centralization Questions

DeFi protocol Uniswap is currently undergoing its first governance vote but members of the crypto community have noticed that the whales are largely in control of it. The initial proposal was made by DeFi lending and trading platform Dharma which is one of the largest UNI token holders. In order to make governance more accessible, […]

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Almost $50 Million UNI Goes Into Governance But Price Tanks to $3

Uniswap’s native token, UNI, is flowing into the protocol’s governance mechanism but its prices are still tanking despite an increase in collateral. According to recent metrics from Dune Analytics, around $47.5 million in UNI tokens have been delegated to protocol governance. The dashboard also revealed that there are over 2,000 delegates and over 87,000 UNI […]

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Will Sushiswap’s Declining Figures Affect Its Shelf Life ?

Sushiswap was nothing less than an overnight success story that mostly rode on the fame of VC-funded Uniswap. Despite its promising yet contentious debut, trouble seems to be brewing for the DeFi trading protocol. It’s native token SUSHI, has lost approximately 90% of its value since its all-time high of $9.48 to its press time […]

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