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ConsenSys throws its weight behind Uniswap DeFi lobbying proposal

The controversial proposal is gaining the support of the big players. Ethereum solutions provider ConsenSys has pledged support for a Uniswap governance proposal to set aside tokens for a new decentralized finance (DeFi) fund for political lobbying. The proposal was made on May 27 by the Harvard Law School Blockchain and FinTech Initiative for the creation of a fund that would finance existing and new political groups engaged in crypto policy-making and lobbying to defend DeFi against regulation. The Harvard Law BFI proposal cited concerns that governments around the world may try to regulate DeFi without proper education and suggested…

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Harvard Law BFI throws 10.5M votes behind own proposal to fund DeFi lobby with UNI

It is not the first time Uniswap governance has been dominated by a whale. The effect of whales on Uniswap governance is a topic of hot debate once again after Harvard's blockchain group threw a massive amount of voting power behind its own proposal. The proposal, made on May 27 by the Harvard Law School Blockchain and FinTech Initiative, is for the creation of a fund that would finance existing and new political groups engaged in crypto policy making and lobbying to defend decentralized finance against regulation. The proposed fund would have a chest of 1-1.5 million UNI, worth approximately…

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