Uniswap community votes to approve “Invest in Ekubo Protocol” temperature check proposal
On October 29th, Snapshot voting page displayed that the Uniswap community voted in favor of the "Temperature Check Proposal" for investing in Ekubo Protocol. Uniswap invested 12 million US dollars worth of UNI in the Starknet ecosystem AMM Ekubo Protocol in exchange for a 20% stake in Ekubo Protocol's future governance tokens. It is reported that MoodySalem, the founder of Ekubo Protocol, was formerly the engineering lead of the Uniswap team and contributed a lot to Uniswap's early code.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Here’s Why an Explosive Breakout Could be Coming for Dogecoin Investors
CME Addresses Rumors of XRP and Solana Futures After Website Error
Woman from Hyderabad Loses INR 7.7 Million in Crypto Scam
Tornado Cash developer calls his lawsuit a ‘terrifying criminalization of privacy’
Roman Storm released a statement assessing the impact of the Tornado Cash case following a favorable legal ruling.