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Why does a16z want to strengthen its grip on Uniswap?

Why does a16z want to strengthen its grip on Uniswap?

If it’s true that a16z holds the rumored amount of UNI tokens, it would be able to unilaterally reach quorum for voting on Uniswap proposals.

Cryptocurrency news by Protos · Protos

February 16, 20233m 46s

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Show Notes

Venture capitalists at Andreessen Horowitz (a16z) could control at least 41.5 million and likely over 55 million Uniswap (UNI) tokens. Globally, there are 753.7 million circulating UNI, and if a16z does indeed hold this number of tokens, it would allow the firm to unilaterally reach quorum for voting on Uniswap proposals.




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