Uniswap Labs recently announced the launch of its blockchain, Unichain, raising concerns among UNI holders about the project's commitment to decentralization.

Did They Bypass DAO Decisions?

Billy Gao, director of cryptocurrency management at Stanford University, criticized this development in 22 social media posts, noting that the rapid launch of Unichain surprised many and suggesting the DAO decision-making process was overlooked. He asked, 'Were delegates kept in the dark regarding this move? How much say do coin holders really have?'

What Will Be the Role of UNI Coin Holders?

These discussions have raised serious concerns among community members who want to adhere to decentralization principles. UNI coin holders expect more transparency and participation in decision-making processes, but Uniswap’s decision to launch its blockchain contradicts these expectations. Gao’s comments have also led to further questions about how decentralized Uniswap’s future governance structure will remain.

Conclusion

The role of coin holders in this process continues to be a focal point in ongoing discussions about decentralization and governance in the blockchain world.

The situation with Uniswap highlights the importance of transparent community involvement in decision-making regarding decentralization and governance in blockchain projects.