Uniswap founder Hayden Adams sent 51.59 HAY tokens ($213.9M) to a burn address, resulting in 95.32% of HAY tokens being burned. The Uniswap Foundation transferred 6.8M UNI ($29.16M) to a new address, and Wintermute dumped 3M UNI ($13M) via a Kraken deposit address. Wintermute also transferred 3M UNI ($12.89M) to exchanges after receiving from Uniswap Foundation. Uniswap has turned on fees, which has been seen as neglecting holders of the UNI governance token.
Uniswap founder @haydenzadams sent 51.59 $HAY tokens ($213.9M) to a burn address just half an hour ago. Currently, 95.32% of $HAY tokens have been burned. https://t.co/hF9C0Cm6Y4 https://t.co/s5OeUTXVqC
Note that #Uniswap Foundation transferred 6.8M $UNI($29.16M) to a new address and #FalconX 30 minutes ago. Uniswap Foundation dumped 3M $UNI ($13M) via #Kraken deposit address of #Wintermute yesterday after $UNI rose. Watch for another sell-off! https://t.co/KFGHYCc6wu https://t.co/IcBry2RlhB
Note that #Uniswap Foundation transferred 6.8M $UNI($29.16M) to a new address and #FalconX 20 minutes ago. Uniswap Foundation dumped 3M $UNI ($13M) via #Kraken deposit address of #Wintermute yesterday after $UNI rose. Watch for another sell-off! https://t.co/KFGHYCc6wu https://t.co/zESBYVefCP
13 hours ago, #Wintermute transferred 3M $UNI ($12.89M) to exchanges after receiving from #Uniswap: Foundation. address: https://t.co/KWS2nNt2OO https://t.co/HF2oXF95Rt
🥊 "Uniswap turning on fees allows companies that are actually creating value to start to be able to be sustainable.” "The move neglects holders of their useless 'governance token' UNI that *still* hasn’t turned on a fee switch." Story here 👇 https://t.co/osytsluBtN https://t.co/d1w2daVc6c
ICYMI: HayCoin surges after Uniswap creator Hayden Adams burns near total supply of test coin https://t.co/IVXn8bItvU
Missed opp for $UNI, @haydenzadams could have sold those $HAY tokens and funded Uniswap rather than introducing fees on the $UNI token.
I see the headlines UNISWAP FOUNDER BURNS 650 BILLION DOLLARS WORTH OF ANCIENT $HAY TOKEN
NEWS: Uniswap Labs is on track to bring in over $20 million per year from new fees https://t.co/OFlXkyXvV1
NEWS: Uniswap Labs is on track to bring in over $20 million per year from new fees https://t.co/5BaWtp2sjZ