[Proposal] Excluded Proxy Contract Airdrop — Phase 1

What kind of filter would that be? You can view them by project in the GitHub repo, and the first post here mentions what projects are included in phase one. For example the Dharma addresses, which to my knowledge needs absolutely no filter. That is the list.

Hi Shitcoingambler,

I created an account to be able to share my opinion & use-case on this proposal. I haven’t been active in UNI governance previously, but I have been following this topic on twitter and got introduced to this forum by navdav_dharma. I also separately bought about 300 UNI on Binance when it got listed (you’re welcome for increasing the value of your free airdrop :wink: )

I unfortunately don’t have 500 addresses; I have been using 2 ETH addresses for many years (note, neither was in UNI airdrop, and only 1 would be included in this proposal), so I don’t feel comfortable sharing my address (would you share your bank account statements publicly on a forum if someone asked?)

But I would be happy to share a bit more on my use-case / opinion on this matter.

First of all, I am indeed a fairly new user to DEXs. I have been using centralized exchanges and centralized swaps like changelly and coinswitch for years. When I looked into DEXs years ago, the liquidity conditions were bad, and I had already had issues with order spread on centralized exchanges with low liquidity. On-top of that, I wanted to use stable coins for swapping to any pair, rather than first swapping to ETH (which would create issues with FIFO based taxes). Now that liquidity has improved on Uni, and the contracts have been used for longer, I felt comfortable using it.

For my trade that is eligible for this proposal, I was looking to buy BAND with USD-C. I wanted to use Uniswap but realized I would have to swap USD-C -> ETH -> wETH -> BAND, which frankly felt intimidating and very time consuming (especially with fluctuating ETH gas prices). I looked into DEX aggregators that could handle this whole process for me rather than executing multiple trades, which brought me to KyberSwap, as they had integrated Uniswap, and could handle all these separate exchanges through Uniswap. Again, Uniswap was the only reason I used Kyber - but also keep in mind, that if Kyber didn’t exist, I possibly would have never gone through with the trade (aka Kyber brings uniswap users & liquidity on top of trade fees).

Also, besides for trading bots - which I understand the concern-, I am unclear why it would be an issue if a user had only had a few trades on Uni through a DEX aggregator? I am assuming lot’s of people that used Uniswap only had 1-3 trades total, who still were still valid for the airdrop? I understand you don’t want the value of your free UNI tokens to deflate, but if this is a fair governance program & was introduced to decentralize the exchange and increase use of the tokens / exchange, why would anyone using a proxy contract on Uniswap be any less entitled to the airdrop you also received for using Uniswap for the same exact purposes?

Again, to me, I feel I have been cheated out of the airdrop because of technicalities. Anyone reading my case may take it as they wish, and they are welcome to protect the value of their tokens purely out of self interest (which most of the negative feedback feels like to me), but to me this retroactive proxy contract airdrop proposal feels only fair.

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To: TragedyStruck

In case of Dharma’s list - a large share of addresses I see are contracts. Are you telling me that each contract would end up receiving an airdrop?

Kyber’s list has 24k (!) addresses. I don’t expect all of them to receive the airdrop, so I wanted to see the final list of addresses.


To: Dewp

Uniswap allows straight conversion from USD-C to BAND, automatically taking care of ETH, wETH conversion, etc. You made the decision to end up using Kyberswap for your trading needs - all of which because of “higher time savings”. I don’t see why you should be rewarded with the airdop, if you didn’t intend on using Uniswap.

The airdrop that happened originally was fair - it rewarded anyone who used the DEX directly. If you made a conscious decision of not trading on Uniswap, I’m not seeing a reason why you should be rewarded.

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@Shitcoingambler As I explained above, my literal intention & conscious decision was to use Uniswap; I just used it through a more clear / simple UI (I did not see an option for USD-C to BAND). And I am sure this is the case for a lot of Kyber users.

I understand any concerns for bots, but honestly this sort of nit-picking leaves a bad taste, and just seems like it is protecting the value of the free tokens you received by using the protocol for the same exact thing I did, rather than being for the benefit of the decentralized protocol.

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@Dewp my concern stated above is that bots/contracts actually take up a large part of the pools, versus actual users like “you”.

One of the reasons why I asked for your wallet - is your story somewhat doesn’t make sense. Uniswap has the same easy UI just like Kyber does, and its super easy to convert from USD-C to BAND.

Anyway, I think I’ve stated my opinion enough, no need to get off-topic - I’d love to hear other people further discuss this thread.

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@Shitcoingambler I am presuming many bots also used Uniswap API directly also, or is that untrue? Why would the bots disqualify a regular user like me from being part of the airdrop? How is that any less fair than the original airdrop? I am happy to complete re-captcha or some sort of ‘are you human’ check to claim the retroactive airdrop if helps.

One of the reasons why I asked for your wallet - is your story somewhat doesn’t make sense. Uniswap has the same easy UI just like Kyber does, and its super easy to convert from USD-C to BAND.

When I used Uniswap, the UI was older (not the current one live now), and when typed USDC as input + tried typing BAND as output, nothing showed up (possibly an issue with Uni having many liquidity pools?).

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@Shitcoingambler — The definitive, “final” list of all 12,600 accounts included in phase one is here (each account in the “claims” section). The current phase two list is here.

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I support this proposal for the reasons outlined by Nadav.

  1. Dharma and others advertised that they used Uniswap. It would be unfortunate if those users who chose to use value added solutions with better UX were punished for some reason.

  2. It was all free money, designed to reward early users of Uniswap. It would be unfortunate if suddenly everyone who got a free airdrop wanted to exclude others because they already got theirs.

  3. I think not punishing developers who build on top of Uniswap builds goodwill and works to benefit Uniswap long-term, far more than the $ value of this airdrop.

For these reasons, I support this proposal.

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The list of accounts eligible for the airdrop is free to be audited, checked against the initial airdrop to see if they’ve already received UNI, etc. The script to do so is all open source so if you have the technical ability by all means audit the list and address any of your specific concerns.

No money is free, this proposal is basically take the money off the market of the UNI holders.

How will you buy UNI to vote yes and give other people free money?

I vote NO.

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Would you see binance give out free $BNB to their users?
I vote NO.

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Can someone explain the developer punishment side of this to me? I thought the purpose of the proposal was to reward users of apps the devs created that in some way used Uniswap as part of their product offering, not the devs themselves?

I haven’t used nearly all of these apps before, but roughly for a start, can someone help me fill out this:

The user was aware they were using Uniswap using the following app:

|Argent |3418 (27.13%)| -> No (judging from a comment from an Argent user above)
|DeFi Saver |890 (7.06%)| -> ?
|Dharma |2833 (22.48%)| -> Yes (judging from an online tutorial)
|eidoo |301 (2.39%)| -> No (Read it happened in the backend, user unaware)
|FURUCOMBO |57 (0.45%)| -> ?
|MEW |4278 (33.95%)| -> No
|Nuo |740 (5.87%)| -> ?
|Opyn |79 (0.63%)| -?
|rebalance |4 (0.03%)| -?

I had a quick look at MEW since it has the most addresses and why are they not in the DEX aggregation section? I found a comment from one of their representatives from a month ago say this:

"At the moment, there is no way to connect directly to Uniswap or Balancer with MEW (although it IS included in our DEX aggregator for swaps). "

source: https://www.reddit.com/r/MyEtherWallet/comments/ibay5j/connect_to_uniswap_or_balencer_with_mew/

What I mean is Uniswap is a low-level protocol. It’s success is likely to come from protocol integrations rather than users using it directly. By not offering UNI rewards to users of the products which have integrated Uniswap, you are sending a message that Uniswap values users who use protocol integrations less. I believe Uniswap users who used a different interface were mistakenly overlooked in the airdrop. These protocol integrations have advertised that they use Uniswap. The punishment in this sense is treating the users of protocols who build on Uniswap as lesser than people who use it directly. By not rewarding the users, you are not rewarding the devs, who took a chance to build on your protocol, and helped validate it by bringing more users and volume.

If Uniswap is to succeed it will be by integrating the most protocols, I think it is a good long term business strategy to give every incentive for developers to integrate Uniswap into their systems. By turning away users of these protocols for the UNI airdrop, it doesn’t build up good will with its earliest adopters which will ultimately harm the Uniswap brand in the long term.

Also, in regards to your list of protocols. If you go back to the first post on this topic, you see that all of the protocols sufficiently demonstrated they had publicly advertised Uniswap integrations and was the basis for qualification for this airdrop.

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Can you tell me where MEW advertises it considering they are making up the biggest address cohort claim?

This is from their application post on the original thread. They link a blog post that shows them using Uniswap. I mean personally, I don’t care to nitpick that much. I say if it meets the criteria outlined by Nadav’s original post it’s good enough for me.

As mentioned, I feel rewarding as many users as possible is good for Uniswap, not bad.

https://gov.uniswap.org/t/application-for-retroactive-proxy-contract-airdrop-for-projects-apps/3221/19?u=lauracroft123

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Thanks for linking. I think nitpicking is something I hope UNI voters are doing because this is potentially a $20mm decision.

I don’t see why they are in phase 1. Clearly they included it with DEX aggregation services to offer the user the best rate from a bunch of different services. That’s clear from the medium article picture which they supplied as evidence to qualify for the Dharma proposal. I’m already a big No for DEX aggregator users getting airdrops. @nadav_dharma please scrutinise the list more closely before you submit this proposal. MEW does not belong in Phase 1.

Certainly nothing wrong with making sure the methodology is sound. Although I suspect MEW was included in phase 1 because it is an end user wallet and not an aggregator.

They have labelled themselves as a DEX aggregator. That is coming straight from them.

"At the moment, there is no way to connect directly to Uniswap or Balancer with MEW (although it IS included in our DEX aggregator for swaps). "

It’s a governance token over everything in my opinion so if the token goes to $0.03 all the better it would probably be great as it would stop all the other from continuing to come onto this forum to talk about Airdrops and Price.

Again the purpose is not whether someone benefited from it, it allows the people who have used Uniswap through an agregator to get tokens to have a voice so they can help mould Uniswap into a better platform god maybe they could even influence some change in the areas that drove them to a DEX aggregator so they no longer need to use the DEX aggregator and feel like they can go back to Uniswap directly again.

I would vote yes under the basis that this airdrop is fair these people would have all been inside the original snapshot rules I assume (not sure where you’re getting the people abusing the system part of your comment, whether it is an assumption or fact) as they were users of Uniswap as much as anyone else who got that airdrop directly from Uniswap.

I’m not sure if you are being influenced by outside factors such as maybe you purchased tokens at their high and now you’re seeing the prospect of never getting that money back (and if that is the case I’m so sorry) but let’s keep it rational nowhere has Dharma said they are rewarding users after the original 1st cut off more than they are rearding everyone who wasny in the original snapshot but used Uniswap through one of the platforms listed

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