Binance delegates 13.2M UNI tokens, becoming Uniswap DAO’s second-largest vote-holder By Cointelegraph
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Crypto exchange Binance is now the second-largest entity by voting power in the DAO, sitting just behind the venture firm Andreessen Horowitz, or a16z, according to the on-chain list of delegates.
On Oct. 18, Binance delegated 13.2 million UNI (UNI) tokens from its own books, which represents 5.9% of the voting power — a percentage of tokens delegated to the exchange. Compared to the total supply of UNI, the amount delegated represents 1.3%.
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Crypto exchange Binance is now the second-largest entity by voting power in the DAO, sitting just behind the venture firm Andreessen Horowitz, or a16z, according to the on-chain list of delegates.
On Oct. 18, Binance delegated 13.2 million UNI (UNI) tokens from its own books, which represents 5.9% of the voting power — a percentage of tokens delegated to the exchange. Compared to the total supply of UNI, the amount delegated represents 1.3%.
Continue Reading on Coin Telegraph