Uniswap Labs pointed out in its official blog that the Securities Exchange Commission generates the Uniswap protocol as an unregistered stock exchange controlled by Uniswap Labs, the Uniswap interface belongs to an unregistered securities broker-dealer, and the UNI token is an investment contract.
In fact, UNI tokens are a file format, similar to PDF, and the protocol is a general-purpose computer program that anyone can use and integrate, just like TCP/IP. In the early days of the protocol, hundreds of thousands of users who received UNI tokens for participation received the tokens for free, without a contract, and without the expectation of profiting from Uniswap Labs' efforts.
Uniswap Labs: UNI tokens are a file format, not an investment contract
2024-05-22 01:23:34
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