Decentralized finance (DeFi) protocol of UniSwap Its main developer, UniSwap Labs, announced that Gordon Liao, a former economist at the US central bank Fed, has been appointed head of the company’s research branch. Explaining the reasons for leaving the Fed, Liao said, cryptocurrency He said that many innovations in his field have affected him.
The largest decentralized exchange (DEX) in the cryptocurrency world announced that it has made an important recruitment.
an old FED economist Dr. Gordon Liao also stands out as a PhD in economics at Harvard. Liao announced in his statement that he was leaving the Fed to head the research branch of UniSwap Labs. In his statement on Twitter, Liao also published a detailed analysis of his departure from the Fed to move to the world of decentralized finance.
A belated professional update: I’m delighted to share that I recently joined @Uniswap to lead research! https://t.co/IDu2aee0yw
Here’s why I left the @federalreserve to dive into #DeFi
one/— Gordon Liao (@gordonliao) January 21, 2022
Liao added, “With the spread of Web3 technology, “a better, safer and more accessible financial systemHe began by stating that he had growing hopes for the ”. Liao claimed that 24 parent companies had seized all the auctions of the US treasury. 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.
Numerous Reactions Received On Twitter To This Decision of UniSwap (UNI)
There were many reactions from the Twitter world to this recruitment of UniSwap. Twitter users question why a decentralized protocol such as UniSwap put an employee of the Fed, the US central bank, in charge of the research branch. Some users warned that Liao would be watched carefully by cryptocurrency users on Twitter for a while.