In a move that has become quite concerning for Hayden Adams, the founder of decentralized exchange Uniswap, the Binance exchange has delegated up to 13 million UNI tokens to the Uniswap DAO.

This token automatically makes Binance the entity with the second highest voting power after mega venture capital firm Andreessen Horowitz (a16z). By the numbers, Binance now has 5.9% voting power versus 6.7% commanded by a16z.

Taking to Twitter, Hayden said the UNI token belongs to Binance users, and it is not sure how Binance intends to interact with Uniswap DAO in the future.

“…Binance delegated 13 million UNI from its books, making it one of the largest UNI delegates (this is only 1.3% of the current delegated UNI, so the voting power of governance is still fairly distributed). Very unique situation, as UNI technically belongs to its users,” he said in a tweet shared today.

DAOs are a decentralized, automated governance engine and help decide the addresses through which the Uniswap protocol will trend over time.

While Hayden acknowledges that the distribution of votes is still well-optimized, and as such, Binance’s recently devolved tokens will not affect its integrity, he still called out the founder and CEO of the largest exchange, Chang Peng Zhao to come talk or give ideas about the plans of the trading platform.

“Normally more government involvement = good, however it is unclear how Binance intends to participate. Binance users would probably prefer to keep these government rights (similar to what Compound has done with cUNI). In the spirit of transparency I would love to hear from @cz_binance in your plans.”

DAOs have been proposed as an important alternative, a block chain-powered corporate tool to run an organization. While some DAOs, like Uniswap DAO, have worked perfectly fine over time, others, like Panda DAO, have struggled with proposals for the dissolution of the DAO.

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