Popular altcoin UniSwap has come under intense criticism for a hiring decision! The famous DeFi protocol UniSwap’s hiring of a former US central bank employee drew intense backlash. Detail cryptocoin.com‘in.
Reaction to this altcoin project has rained
The leading decentralized exchange in the cryptocurrency markets has publicly announced that it has made an important recruitment. Gordon Liao is a former employee of the Fed. He is now head of the research branch of UniSwap. UniSwap Labs, the main developer of the DeFi protocol UniSwap, announced this development. Explaining the reasons for his departure from the Fed, Liao said that many innovations in the crypto money world were the main determinant in making this decision. Hired Dr. Gordon Liao is also a Harvard PhD in Economics. Liao said he had resigned from his job at the Fed to take over his job at UniSwap. In his statement on Twitter, Liao gave detailed information about his departure from the Fed to move into the DeFi field.
Making a statement, Liao shared his strong hopes for “a better, safer and more accessible financial system with the spread of Web3 technology” with his followers. The famous economist also pointed out the many existing financial problems and stated that this traditional system has not been working properly since the 2008 Economic Crisis. For example, he stated that he did not find it right that the US treasury should be controlled by a small number of players. On the other hand, UniSwap’s hiring caused intense reactions. Social media, in particular, has been the center of these reactions. It seems from the reactions that this recruitment process is not transparent enough. Some Twitter users, on the other hand, warned that all the actions of the former FED employee would be carefully monitored.
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