I don’t agree with MEW in Phase 1
This proposal makes zero sense, it’s a literal takeover of the Uniswap governance by their competing projects, in order to use Uniswap reserves to reward their own users.
Every single one of those projects it’s a well funded, for profit company. Most of them can be considered competitors, some even tried to persuade liquidity providers to move to their platforms instead of Uniswap. They are now pushing for a “one big DeFi family” just because this proposal allows them to gift millions of dollars to their users without spending a single dime.
The primary beneficiaries of this proposal are the Uniswap competitors, in two main ways:
a) Their users got rewarded for using their app, this increases loyalty to their brand, for most users Dharma/1Inch/Kyber will be the ones that gave them “free money”. These users can expect these companies to keep doing the same.
b) Most of these companies are VC backed, so they have a very strong pressure to show ever growing numbers. Wouldn’t be surprising to find hundreds or thousands of fake accounts owned by the team, these account would enable these companies to effectively highjack Uniswap governance.
In my opinion, for a proposal like this one to make sense, these companies have to offer something of similar value to UNI holders / Uniswap liquidity providers. Most of these companies have tokens, offering to airdrop / gift a similar amount of their tokens to Uniswap would demonstrate that they have good intentions, and this is not just a cash grab.
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How what have Uniswap used done that’s associated with any of these platforms? 1inch for example is a DEX aggregator and uses other exchanges to find the best price Uniswap is a DEX using it’s own smart contracts you would be entitled to nothing from these other companies as Uniswap uses nothing related to them compared to vice versa where they are using Uniswap, any notion of even thinking you were entitled to anything is wrong.
Its sad that I have now seen 2 posts that could be labelled propaganda by people who are clearly working in their own interests and it’s very worrying to see. Why should we all work in your interest this is a community token for governnace not a money grab no one should benefit or everyone should benefit end of story IMO
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So dex aggregators are entitled to Uniswap, but Uniswap it’s not entitled to dex aggregator tokens? That’s really convenient for dex aggregators.
Without Uniswap liquidity providers all of those companies wouldn’t been able to provider their dex aggregator service, in any case, lps are more entitled to get something from them than the other way around.
Uniswap liquidity provider took a ton of risk by providing liquidity, dex and wallets took none (they even used contracts that automatically routed the trade elsewhere if the return wasn’t good enough), how is that a “real” Uniswap user?
If Hellmann’s does a giveaway to all their customers, are the guests of a restaurant also entitled to that giveaway just because the restaurant also used Hellmann’s? Not really, they probably didn’t even know that Hellmann’s existed until the giveaway was announced
Why should we all work in your interest this is a community token for governnace not a money grab no one should benefit or everyone should benefit end of story IMO
If that’s the case, what do you think of including a 30 year vesting period for all receivers of this second airdrop, they can vote but tokens cannot be sold.
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Why exactly should they be subject to a 30 year vesting period and not the original airdrop holders. If you’re gonna propose something like that surely it should apply to everyone who recieved tokens other than those buying them.
Just remember you were privileged to recieve an airdrop Uniswap wasnt required to airdrop you tokens.
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Why exactly should they be subject to a 30 year vesting period and not the original airdrop holders.
Because you are repeating over and over that this airdrop is only intended to allow Uniswap competitors users to be part of the governance (something that makes no sense). But the reality is that it’s even worse, the only intention of this second airdrop is to free-ride Uniswap success and sell these tokens
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Where do you get it being a free ride do you personally know these people getting the airdrops… you’re very quick to judge others just be aware not everyone is a bad actor like you assume them to so clearly be.
Your account is 54 minutes old I could make a lot of assumptions from that
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I am talking about the VC backed companies doing these requests, neglecting their users and asking another company to take an enormous loss for their product
What’s more likely, fake accounts defending the value of UNI or fake accounts trying to convince UNI holders to dilute themselves?
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Where is proof that its VC’s unless you have evidence going forward I would suggest you stop posting lies and nonsense let people vote on factual information not lies and conspiracy to protect your not investment
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Every single company behind this request it’s a for-profit company with some VC funding, some even have their own token! How that’s fair that UNI token holders have to dilute themselves while they don’t spend a single dime on this?
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It’s not going to the company its going to the companies users where is your evidence it stops at the company? Provide a link unless you have no evidence and are making something up to try and allude these companies as something they’re not and steal from their users who rightfully deserve some UNI
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It’s implicitly going to the company, for them it’s like spending all of this money on marketing and brand reputation, without actually spending the money. It’s like Uniswap paying for Kyber billboards
Their users don’t “rightfully deserve some UNI”, by your own words:
an airdrop Uniswap wasnt required to airdrop you tokens.
In any case Kyber users “deserve” Kyber tokens, 1inch users deserve “Moon” tokens and etc. Why do we have to pay for that, only because Kyber and 1inch had so few liquidity that they had to use ours? WTF
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Did you pay for any uni outside of the airdrop? Did you pay for the uni airdropped to you?
You haven’t paid for anything Uniswap paid to create the token and that’s about as far as that line goes
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Yes, I bought UNI, I wasn’t entitled and I didn’t cry until someone gifted it to me
And you don’t have any argument to defend this cash grab, this is why now you decided to attack me personally. Most likely you don’t own any UNI and you want this proposal to pass in order to get some free money out of it.
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It’s a governance token not a cash grab let’s use it accordingly wouldnt it be good to have users of these other platforms onboard to help grow Uniswap which has been my aim all along
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Dharma is asking Uniswap token holders to dilute themselves in order to benefit Dharma’s users directly, Dharma is offering absolutely nothing in return, how is that not a cash grab?
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Because behind the company is users and those users could end up being very valuable to helping to understand why they went to Dharma and 1inch etc in the first place and help to understand and propose the necessary changes to claw back some of them to Uniswap.
I’m looking at the bigger picture not sure what you’re looking at in this
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Dharma’s users are theirs, they are only using Uniswap because it’s the better deal for them. If tomorrow Sushiswap has a better deal they will switch providers without a second tought. Uniswap has absolutely no way of retaining those users, because they belong to another company!
understand why they went to Dharma and 1inch etc in the first place and help to propose the necessary
How is giving free tokens going to help to “understand why they don’t use Uniswap directly”?
Dharma’s users use Dharma because Dharma subsidised gas fees by taking a cut of all trades, 1inch offered a dex aggregation service that sometimes went to Uniswap and sometimes not, they also took a cut.
Do we need to pay 40m USD to get that information?
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Based on that information now could you come up with a recommendation and to a change that could be implemented (*cough subsidise gas fees or even better introduce a L2 solution (which they’re doing) to incentivise people to use Uniswap again)
See not that hard to use the forum correctly took me 30 seconds to come up with that idea think if people instead of making up nonsense used their brains to come up with ways to govern how great Uniswap could be
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