Basic Info
Name: Ignas
Delegate Address: 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0
Delegate Profile: https://www.tally.xyz/gov/uniswap/delegate/0x3ddc7d25c7a1dc381443e491bbf1caa8928a05b0
X (Twitter): https://x.com/DefiIgnas
Telegram: @ignasdefi
Intro
I’m Ignas, a DeFi solo researcher breathing and living with Defi. My mission is to provide clear, in-depth insights to promote DeFi, helping my audiences stay up-to-date with the latest trends while actively supporting DAO development.
I believe in the decentralized future and it means actively participating in Uniswap DAO in every way I can—whether it’s by serving as a delegate, joining working groups, discussing any proposals or seizing new opportunities that come up. I’ll also be sharing key DAO decisions on X and my blog.
While I am a new DAO member on THIS WALLET, I have been following Uniswap DAO closely since years ago and covered it in my threads, bringing more visibility to the DAO.
Examples of posts: BNB Chain launch 2 (138K views), and Bringing awareness to Uniswap branded Visa card vote (101K views)
Delegate Communication Intent
I’m committed to keeping the Uniswap community informed with regular, transparent updates. I’ll provide clear insights into my voting choices and reasoning to ensure everyone understands the direction I’m headed and why.
Why I Want to be a Delegate
Currently, DeFi DAOs face several internal issues, such as voter apathy leading to governance attacks, insider voting, and voting concentration among a few active voting addresses. Additionally, they face external challenges like regulatory uncertainty.
I believe in a decentralized future, even if it seems naive. However, the current state of crypto is plagued by misaligned incentives that prioritize short-term speculative gains over the core DeFi values of self-sovereignty and custody.
Equally concerning is the trend of McKinsification in DAOs, where decisions are increasingly made by one or two professional consultant delegates. This discourages individual participation, as their opinions and votes have less impact.
To make DeFi DAOs viable, we must align incentives to encourage active participation in governance from the broader crypto community. I believe that community must be at the core of every DAO. Without giving the community a say in protocol governance, we’re no better than the Web2 companies we aim to replace—companies that view their “community” merely as users to extract value from.
I will support initiatives that align token holders with the protocol, such as revenue sharing or other methods to bring value to the token. Token holders are frustrated with exploitative tokenomics that only benefit early insiders who acquired tokens at much lower prices, leaving no upside for new investors. Without incentives to buy and hold tokens, the attractiveness and health of DAOs decline.
Finally, as mentioned, I will highlight key votes and decisions of the DAO on X and my blog, as I believe the general public is often unaware of important actions being taken.
Disclosure
I am the co-founder of Pink Brains, an organization dedicated to promoting various crypto projects through educational content. You can find more info about us here: https://linktr.ee/pinkbrains.
I’m also now stepping up as a delegate for Arbitrum and being very active in Aave, Optimism, and here - Uniswap. I plan to apply as a delegate to other DAOs soon, with the same mission of strengthening them and aligning token holders with the protocol.
I always make appropriate disclosures and recuse myself from voting when necessary.