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Uniswap founder talks about token distribution: We want tokens instead of points

Uniswap founder Hayden Adams expressed his views on token distribution issues in a post on X platform. He believes that tokens should be used instead of points; do not blindly pursue the number of Farmers; ensure real liquidity from day 1; do not provide biased Farmers with excessive token supply; do not be stingy with token distribution; do not promote token prices; keep it simple; invest real thought and care in token decisions.

UNI falls below $7

Market data shows that UNI has fallen below $7 and is currently trading at $6.99, with a daily decline of 8.87%. The market is fluctuating greatly, so please be prepared for risk control.

Uniswap founder appears to respond again to the U.S. SEC's Wells notice

Uniswap founder Hayden Adams posted on X platform stating that "if they tax unrealized gains, they will need to compensate for the impermanent loss of Uniswap LP." This comment appears to be a response to the recent Wells notice issued by the US SEC.

UniSwap Labs: Limit Order Functionality Now Available

UniSwap Labs announced that the Limit Orders feature has been launched on the X platform, which is applicable to any token on the Uniswap interface with zero gas costs.

Lawyer: US SEC's lawsuit against Uniswap is foreseeable, a sign that DeFi will face more problems

Legal experts say that the move by the US Securities and Exchange Commission (SEC) to sue Uniswap was foreseeable, but they believe that the agency's actions signal that DeFi will face more problems. While the SEC has issued a Wells notice to DeFi exchanges, the agency is also considering a rule proposal that would include these companies.

Fighting for DeFi

Today Uniswap Labs received a Wells notice from the Enforcement Division of the U.S. Securities and Exchange Commission (SEC), notifying us that they are planning to recommend a legal action against us. In the meantime, our entire suite of current products will continue to be available, and we will continue to ship new products. Taking into account the SEC's ongoing lawsuits against Coinbase and others as well as their complete unwillingness to provide clarity or a path to registration to those operating lawfully within the U.S., we can only conclude that this is the latest political effort to target even the best actors building technology on blockchains.
Fighting for DeFi

A whale/institution transferred 1.247 million UNI to Binance 1 hour ago

According to Chain Analysis Analyst Yu Jin's monitoring, after the SEC issued a Wells notice to Uniswap Labs, the UNI price fell from $11.2 to the current $9.4, a 16% drop. A whale/institution who bought 1.247 million UNI at an average price of $6.63 in early 2023 decided to clear their position on UNI due to this news: one hour ago, they transferred all 1.247 million UNI to Binance through two addresses. The whale/institution ultimately realized a profit of approximately $3.45 million (+42%) on UNI.

Uniswap Receives SEC Notice of Enforcement Action for Alleged Unregistered Sale of Securities

Uniswap, a decentralized crypto exchange, has received a Wells notice from the SEC indicating that the regulator intends to pursue an enforcement action. While Uniswap CEO Hayden Adams did not disclose the specific charges, Wells notices sent to crypto companies have historically alleged the unregistered offer and sale of securities. Adams expressed frustration with the SEC's focus on attacking good actors like Uniswap and Coinbase, rather than creating clear rules. He also stated that Uniswap will fight the charges, which may take years and have implications for the future of financial technology.

Uniswap: UniswapX is now live on the interface

Uniswap announced on X platform that UniswapX has launched on the interface and will provide the best prices for trading.

Uniswap DAO’s proposal to “diversify treasury assets” has passed the temperature check vote

Snapshot page displays that the Uniswap DAO has passed the "Implementing Treasury Asset Diversification" proposal with a final support rate of 75.97%.The proposal suggests the establishment of an advisory committee to help Uniswap achieve fund diversification. The proposal states that in addition to diversification, the committee's goal is to explore how to transform the Uniswap treasury from a dormant reserve in the form of UNI tokens into a fund pool that can earn profits and additional income for the DAO. The committee, called the Uniswap Treasury Working Group, will explore managing the protocol's reserve funds and creating additional income for the project, while proposing a budget of $74,000 for eight weeks of research work for committee members.