THELOGICALINDIAN - Uniswaps chargeless cafeteria hasnt boded able-bodied for a subset of users who were larboard out of the airdrop
DeFi wallet Dharma is spearheading a angle for Uniswap to aggrandize the ambit of its badge airdrop to addresses that acclimated the DEX indirectly. While advantageous all of Uniswap’s users is an optimal scenario, assertive drawbacks accomplish this boxy to enact.
Two Sides to the Uniswap Airdrop
While DeFi users reveled in joy at the afterimage of 400 chargeless UNI tokens, DEX aggregators and their barter are affronted with the airdrop. Uniswap’s administration was advised to accommodate every abode that interacted with the arrangement 400 UNI.
But this was alone for users that anon interacted with the DEX’s acute contracts.
Unfortunately, users of aggregators like 1inch and Paraswap weren’t acceptable for the airdropped reward. Aggregators use proxy affairs to tap into Uniswap’s liquidity, which agency their users never anon interacted with the contracts.
Dharma, a artefact that makes it accessible for users to interface with DeFi, is arch the allegation to adjust this “oversight.”
Nadav Hollander, CEO of Dharma, submitted a angle on the Uniswap babyminding appointment to accede advantageous addresses that acclimated Uniswap via proxy contracts. In the thread, 1inch CEO Sergej Kunz articulate support for the proposal, saying, “we provided huge aggregate to Uniswap and our users are now allurement for the UNI token.”
It’s a fair point. Aggregators accept been a boon to DEXes like Uniswap, bringing in added users and utilizing the exchange’s liquidity. The best-case book is for all users of Uniswap to appropriately booty allotment in the upside.
However, this is not simple to execute.
According to Hayden Adams, artist of Uniswap, advantageous all users that interacted with Proxy affairs would aftereffect in Dharma and DEX aggregator users accepting a atomic allotment of the reward. The absolute winners would be arbitrageurs, who use a agnate anatomy to collaborate with Uniswap.
If the angle were to go through voting, the platform’s newly-elected babyminding association would charge to approve the alteration of tokens from the association treasury to Dharma, 1inch, and added whitelisted projects.
As always, two prevailing precedents comedy out depending on the aftereffect of the proposal. If the vote fails, it sends a bulletin to projects architecture on Uniswap that the association doesn’t amount them and that attendant decisions will not fly.
If it does go through, builders and aberrant users will be loyal to Uniswap, but it opens the aperture to added such attendant action. There are claim and drawbacks on either side. All that’s larboard is for the association to put the angle to vote and adjudge the approaching advance of action.
