Pepo, an important contributor to Uniswap DAO, announced his resignation on Monday, Internet reported. Pepo, one of the top 20 representatives holding 455,000 UNI tokens, said it resigned because of the Uniswap Foundation's excessive power and lack of transparency. In March this year, the foundation received a $165 million grant from the DAO for ecological development, but was questioned about prioritizing its own interests over the interests of the DAO. In addition, Billy Gao, vice chairman of the Stanford Blockchain Club, and others also expressed concerns about Uniswap Labs launching its own blockchain without discussion from the DAO.