Uniswap creator Hayden Adams doesn’t know how to spend $ 500 million

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Uniswap creator Hayden Adams posted a tweet in which he asked the crypto community for advice on how to spend the $ 500 million DEX earned.

~$500M worth of UNI has already vested to the Uniswap governance community treasury out of $4b total (based on current price)

What are some of the most impactful ways governance can allocate this UNI?

Dream big

— Hayden Adams (@haydenzadams) January 18, 2021

Since the native UNI token from Uniswap is currently trading at $ 9.30 (last week it climbed to its previous all-time high of $ 7.10), Uniswap’s share is now valued at more than half a billion dollars.

Adams received many responses, including a proposal to host a second UNI airdrop for new Uniswap users and a call to burn 90% of Uniswap tokens.

Cihan Oztunch, Product Manager for the New York Stock Exchange, recommended Uniswap to create a venture capital firm to invest in promising new crypto projects:

 

Create a venture capital firm called Uniswap Ventures and invest that money in new crypto projects. Once that $ 500 million turns into $ 500 billion, we can buy space shuttles and organize space tours for fortunate uniswap users.

 

Start a VC firm called “Uniswap Ventures” and invest that money into new crypto projects. Once that $500M becomes $500B, we can buy space shuttles and organize space tours for lucky uniswap users.

– Cihan (@cihan_oztunc) January 18, 2021

Marquet co-founder Emiliano Bonassi tweeted that Uniswap should invest in developing tier 2 scaling solutions.

DeFi proponent Samuel Shadrakh said Uniswap should buy out a controlling stake in SushiSwap’s offering and try to merge the two platforms.

That would be a big balls play lol. Buy up 51% of Sushiswap’s MC and force a merger of the two.

— Samuel Shadrach (@SamuelShadrach4) January 18, 2021

In September, Uniswap introduced its own UNI token, while 43% of the billion-dollar token issue remains in the project’s management treasury for distribution on a “permanent basis through grants to participants, community initiatives, liquidity mining and other programs.”

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