{"id":8313,"date":"2021-08-19T20:24:02","date_gmt":"2021-08-19T19:24:02","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=8313"},"modified":"2021-08-19T20:24:11","modified_gmt":"2021-08-19T19:24:11","slug":"dune-analytics-opposes-uniswaps-25m-grant-to-service-providers","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/dune-analytics-opposes-uniswaps-25m-grant-to-service-providers\/","title":{"rendered":"Dune Analytics opposes Uniswap’s $25M grant to service providers"},"content":{"rendered":"\n
Dune Analytics, a decentralized finance (De<\/a>Fi) analytics service, has spoken out against a Uniswap (UNI) governance vote for “Community-Enabled Analytics,” which would see Flipside Crypto manage about $25 million in UNI tokens.<\/h5>\n\n\n\n
\"Dune<\/figure>\n\n\n\n

Dune tweeted on Thursday about the lack of community attention to the issue\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, as well as the fact that grants should go to community members rather than service providers.<\/p>\n\n\n\n

Indeed, the proposal's governance voting page has almost 41 million votes in favor and 2.5 million votes against it. The poll will close at 7:05 a.m. UTC+1 on Friday, August 20.<\/p>\n\n\n\n

Dune believes that financing a single provider among numerous analytics tools “doesn't make sense.”<\/p>\n\n\n\n

Dune stated in its tweet, “There is no logic for @uniswap to fund @flipside's everyday operations with eight full-time staff.”<\/p>\n\n\n\n

Flipside Crypto will receive $25 million in two annual installments of $15 million and $10 million, respectively, as part of the grant.<\/p>\n\n\n\n

According to the specifications published in the proposal paper<\/a>, half of the fund's yield will purportedly go towards enhancing the Uniswap ecosystem in the form of rewards to community members.<\/p>\n\n\n\n

The remaining 50% of Flipside's return will be used to fund the platform's operations, such as salary payments \u2013 a condition that may be seen as a 50% management charge on community grant revenues.<\/p>\n\n\n\n

The newest dispute emerging from Uniswap's apparent consolidation of administration is Dune's resistance to a proposed $25 million gift to a competitor.<\/p>\n\n\n\n

The DeFi Education Fund received significant backlash in the crypto community in July after liquidating half of its 1 million UNI token gift<\/a>, which was worth over $10 million at the time.<\/p>\n\n\n\n

The DeFi Education Fund defended its actions, claiming that they were required to get the organization up and running.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dune Analytics, a decentralized finance (DeFi) analytics service, has spoken out against a Uniswap (UNI) governance vote for “Community-Enabled Analytics,” which would see Flipside Crypto manage about $25 million in UNI tokens. Dune tweeted on Thursday about the lack of community attention to the issue , as well as the fact that grants should go […]<\/p>\n","protected":false},"author":12,"featured_media":8318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[73],"tags":[2162,3878,973],"class_list":["post-8313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-defi-news","tag-dune-analytics","tag-grant","tag-uniswap"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Dune-Analytics-opposes-Uniswaps-25M-grant-to-service-providers.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=8313"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/8318"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=8313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=8313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=8313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}