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CryptoRankNewsUniswap CEO ...

Uniswap CEO Condemns ‘Farming the Farmers’ Tactics in Token Launches


May, 05, 2024
< 1 min read
by CoinEdition
Uniswap CEO Condemns ‘Farming the Farmers’ Tactics in Token Launches
  • Hayden Adams stressed the importance of treating tokens as more than mere points.
  • He condemned the “farming the farmers” practice, where projects artificially hype token distribution to boost numbers.
  • Adams’ commentary comes amid recent outrage over EigenLayer’s token distribution methods.

Hayden Adams, the founder of the Uniswap DEX platform, has outlined his perspective on ethical token distribution, offering eight key principles. Adams’ commentary comes amid recent community concerns over transparency in token distribution, particularly in light of issues raised with EigenLayer’s distribution methods, where industry pundits have labeled it a scam.

Adams began by highlighting the importance of treating tokens as more than mere points. Next, he condemned the practice of “farming the farmers,” where projects create hype around token distribution to boost user engagement artificially. He advised against making public speculations without concrete information and recommended withholding details until they could be fully disclosed.

The post Uniswap CEO Condemns ‘Farming the Farmers’ Tactics in Token Launches appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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CryptoRankNewsUniswap CEO ...

Uniswap CEO Condemns ‘Farming the Farmers’ Tactics in Token Launches


May, 05, 2024
< 1 min read
by CoinEdition
Uniswap CEO Condemns ‘Farming the Farmers’ Tactics in Token Launches
  • Hayden Adams stressed the importance of treating tokens as more than mere points.
  • He condemned the “farming the farmers” practice, where projects artificially hype token distribution to boost numbers.
  • Adams’ commentary comes amid recent outrage over EigenLayer’s token distribution methods.

Hayden Adams, the founder of the Uniswap DEX platform, has outlined his perspective on ethical token distribution, offering eight key principles. Adams’ commentary comes amid recent community concerns over transparency in token distribution, particularly in light of issues raised with EigenLayer’s distribution methods, where industry pundits have labeled it a scam.

Adams began by highlighting the importance of treating tokens as more than mere points. Next, he condemned the practice of “farming the farmers,” where projects create hype around token distribution to boost user engagement artificially. He advised against making public speculations without concrete information and recommended withholding details until they could be fully disclosed.

The post Uniswap CEO Condemns ‘Farming the Farmers’ Tactics in Token Launches appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013

Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013

This week, the price of one ounce of silver has seen a significant rise. Over the pas...
May, 18, 2024
by Bitcoin News
Market Analysis: BNB Falters as XRP, ADA, and TON Lead Weekly Gains

Market Analysis: BNB Falters as XRP, ADA, and TON Lead Weekly Gains

Altcoin prices recorded mild increases in the last seven days. While some performed b...
May, 18, 2024
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