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Uniswap DAO Tackles $6B Treasury Challenge with UTWG

source-logo  coingape.com 29 March 2024 12:00, UTC

The Uniswap Decentralized Autonomous Organization (DAO) confronts a pressing issue with its treasury, housing assets valued at around $6 billion, predominantly in $UNI tokens. Despite this substantial value, the treasury lacks diversification and a clear strategy for effective utilization, raising concerns about volatility and underutilization. In response to these challenges, a proposal has emerged to establish the Uniswap Treasury Working Group (UTWG).

coingape.com