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Uniswap CEO weighs In on ethical token distribution

Uniswap CEO weighs In on ethical token distribution

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Source: Coin Telegraph

The Uniswap CEO strongly disapproved of low float tokens, considering them malicious and his biggest pet peeve.

Hayden Adams, Uniswap’s founder and CEO, has outlined his take on ethical considerations for effective token distribution. This comes a few days after the crypto community raised concerns about the transparency and fairness of token distribution on EigenLayer.

In an X post, Adams emphasized that he was discussing tokens, not points. He then criticized the practice of teasing and creating ambiguity during token distribution to inflate engagement metrics.

Adams cautioned against public speculation, mainly when the team is uncertain about future developments. He advised against teasing if one possesses information about a token distribution but does not plan to disclose the details.

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Author: Amaka Nwaokocha