Uniswap’s founder ask for advice on how to spend $500 million in the treasury

Hayden Adams, Uniswap founder has asked for advice from the cryptocurrency community on how to spend $500 million in the Uniswap treasury.

The founder of Uniswap went to crypto twitter to ask for suggestions on how the decentralized exchange should spend the over half a billion dollars now in its governance treasury.

UNI has broken its previous all time high price of $7.10 and is currently trading above $9. With this recent move the treasury of Uniswap is currently valued at more than $500 million.

Hayden Adams has received a number of varying suggestions including a request for a second UNI airdrop to Uniswap users.

I suggested an airdrop to all Uniswap users providing liquidity because without them all of these won’t be possible.

Cihan Oztunc, product manager at the New York Stock Exchange, recommended Uniswap launch a VC firm to invest the treasury into promising new crypto projects.

Samuel Shadrach, a DeFi enthusiast said Uniswap should buy up a majority share of SushiSwap’s supply and try to force a merger between the two platforms.

Uniswap unveiled its native UNI token in September last year, with an airdrop to Uniswap users. 43% (430 million) of the token one billion total supply is retained by the project’s treasury for distribution over “an ongoing basis through contributor grants, community initiatives, liquidity mining, and other programs.”