{"id":25689,"date":"2025-05-07T23:48:24","date_gmt":"2025-05-07T23:48:24","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25689"},"modified":"2025-05-07T23:48:24","modified_gmt":"2025-05-07T23:48:24","slug":"uniswap-drama-explodes-top-dao-delegate-rage-quits-over-insulated-power-grab","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25689","title":{"rendered":"Uniswap Drama Explodes: Top DAO Delegate Rage-Quits Over \u201cInsulated\u201d Power Grab"},"content":{"rendered":"<div>\n<p>A Uniswap crypto delegate known as Pepo rage-quit the DAO, calling out the Uniswap Foundation over a power grab farce.<\/p>\n<p>In a move that\u2019s ignited fresh controversy at the DeFi platform, a prominent Uniswap delegate known as Pepo rage-quit the DAO, calling out the Uniswap Foundation for turning decentralized governance into a top-down farce.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_681bbabe7c0af\" data-coin-id=\"uni-uniswap\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_681bbabe7c0af-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_681bbabe7c0af-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681bbabe7c0af-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681bbabe7c0af-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_681bbabe7c0af-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_681bbabe7c0af-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_681bbabe7c0af-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_681bbabe7c0af-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_681bbabe7c0af-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_681bbabe7c0af-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_681bbabe7c0af-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_681bbabe7c0af-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p>Pepo, who controlled 455,000 UNI and ranked among the top 20 voting delegates, didn\u2019t hold back.<\/p>\n<h2><strong>Uniswap Crypto Delegate Calls Out Failings at Uniswap Foundation<\/strong><\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/tfeJYc4lVT\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/tfeJYc4lVT<\/a><\/p>\n<p>\u2014 PEPO (@0xPEPO) <a href=\"https:\/\/twitter.com\/0xPEPO\/status\/1919420425928348118?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><\/h2>\n<p>In a scathing post on X, he bluntly accused the Foundation of sidelining DAO voices, ignoring delegate criticism, and insulating itself from engaging meaningfully with feedback.<\/p>\n<p>\u201cThe Foundation\u2019s behavior seems to have prioritized insulation over collaboration, and in doing so, may have actively harmed Uniswap,\u201d Pepo wrote.<\/p>\n<p>His departure isn\u2019t just symbolic. It\u2019s a red flare fired over the bow of the $4B protocol, raising serious doubts about how decentralized Uniswap is.<\/p>\n<p>At the center of the storm is the $165 million treasury grant approved by the DAO in March, money that the Foundation is now using with what critics have lambasted as alarming autonomy.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in May 2025<\/a><\/strong><\/p>\n<h2><strong>UniSwap Foundation Attempts to Sweep Drama Under The Carpet<\/strong><\/h2>\n<p>Technically operating as a nonprofit, the Foundation was meant to serve the DAO. But some now argue it\u2019s becoming its own power center, unaccountable and quietly aligned with Uniswap Labs, the for-profit entity that birthed the protocol.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Delegate participation is essential to the success of the Uniswap ecosystem, and the <a href=\"https:\/\/twitter.com\/UniswapFND?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@UniswapFND<\/a> takes their feedback seriously.<\/p>\n<p>In fact, we are the only major Protocol Foundation that is funded through the express approval of delegates. We were not endowed with tokens at the\u2026<\/p>\n<p>\u2014 Devin Walsh (@devinawalsh) <a href=\"https:\/\/twitter.com\/devinawalsh\/status\/1919805196193890790?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 6, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Devin Walsh, the Foundation\u2019s Executive Director, gave the usual PR gloss: \u201cDelegate participation is essential\u2026 we take their feedback seriously.\u201d<\/p>\n<p>But behind the scenes, it\u2019s a different story.<\/p>\n<p>Multiple <a class=\"general-link\" href=\"https:\/\/gov.uniswap.org\/t\/foundation-feedback-group-ffg-thread\/25549\/3\" target=\"_blank\" rel=\"noopener nofollow\">sources <\/a>say key decisions are being discussed privately in back channels, hashed out between big wallet holders long before they ever reach the eyes of community forums.<\/p>\n<p>Some delegates call it \u201cDAO theater\u201d, where votes are held after the real calls have already been made like puppetry.<\/p>\n<p>This isn\u2019t the first time decentralization at Uniswap has been questioned. In October, Stanford Blockchain Club\u2019s Billy Gao slammed Uniswap Labs for launching its own blockchain without DAO input, calling it a clear governance failure.<\/p>\n<p>Even the <a class=\"general-link\" href=\"https:\/\/gov.uniswap.org\/t\/foundation-feedback-group-ffg-thread\/25549\" target=\"_blank\" rel=\"noopener nofollow\">formation <\/a>of a new \u201cFoundation Feedback Group\u201d on May 1 hasn\u2019t eased tensions. Delegates say it\u2019s too little, too late.<\/p>\n<p>\u201cIt\u2019s a loss for any DAO when a delegate feels the only way to make an impact is through stepping down,\u201d said PaperImperium from GFX Labs in <a class=\"general-link\" href=\"https:\/\/www.coindesk.com\/tech\/2025\/05\/07\/why-one-of-uniswap-dao-most-outspoken-members-just-walked-away-in-frustration\" target=\"_blank\" rel=\"noopener nofollow\">comments <\/a>to CoinDesk.<\/p>\n<p>As UNI token holders wonder who\u2019s really steering the ship, one thing\u2019s clear: decentralization at Uniswap is still a work in progress, and if not a brand illusion, things ought to change quickly.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in May 2025<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/uniswap-drama-explodes-top-dao-delegate-rage-quits-over-insulated-power-grab\/\">Uniswap Drama Explodes: Top DAO Delegate Rage-Quits Over \u201cInsulated\u201d Power Grab<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Uniswap crypto delegate known as Pepo rage-quit the DAO, calling out the Uniswap Foundation over a power grab farce. In a move that\u2019s ignited fresh controversy at the DeFi platform, a prominent Uniswap delegate known as Pepo rage-quit the DAO, calling out the Uniswap Foundation for turning decentralized governance into a top-down farce. &#8211; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25689","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25689"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25689\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}