Concerns raised as $10 million in Uniswap tokens got sold after ‘insider’ proposal

The new policy organization, DeFi Education Fund, focused on promoting decentralized finance (DeFi) education and advocacy were supported through the Ethereum (ETH) DeFi protocol Uniswap and it deployed half of the funds received from the protocol’s treasury in a single transaction.

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Uniswap Proposal Sparks Blowback After Grantees Dump $10M UNI Tokens – Decrypt

In brief

Shortly after earning approval for a $20 million grant in UNI tokens, the team behind the DeFi Education Fund quickly sold $10 million.
The initial proposal sought to gather resources “for political, educational, and legal engagement” on behalf of the DeFi ecosystem.

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