The Uniswap community voted to pass the temperature check proposal "Delegating 10 million UNI to underrepresented representatives"
According to the official governance page, the Uniswap community has voted to approve the "Authorization of UNI to Active but Underrepresented Delegates" temperature check proposal. The proposal seeks to authorize 10 million UNI from the DAO treasury to underrepresented delegates. The top four candidates can receive up to 2.5 million UNI authorization, and the remaining tokens will be distributed evenly among other candidates. These tokens will be non-transferable and only for the use of voting purposes by these delegates, increasing their voice in governance proposals.
Based on the voting results, the top 4 delegates confirmed to receive 2.5 million UNI authorization are 404 DAO, Wintermute Governance, PGov, and StableLab. The remaining UNI will be distributed among Keyrock, Karpatkey, and atiselsts.eth based on their respective votes. The next step will be to calculate the amount required for each authorization and incorporate technical understanding of execution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
GameStop just announced a $1.5 billion Bitcoin deal
Genius Group Ordered to Sell Bitcoin Holdings
Genius Group must sell 10 BTC due to a court order, slashing its crypto treasury and market cap significantly.Unexpected Setback for Genius GroupMarket Cap Falls Below Bitcoin ReservesConcerns About Stability and Transparency

Ethereum Price Sees 4 Straight Red Months
Ethereum has closed four red months in a row, but long-term holders remain hopeful for a rebound.Ethereum’s Tough Streak ContinuesHope on the Horizon for Ethereum Holders

Nexchain Emerges as April’s Best ICO: A New Era for Blockchain
Nexchain is committed to facilitating interoperability from one blockchain to the next through artificial intelligence, allowing for cross-chain communication and operational efficienciesConclusion

Trending news
MoreCrypto prices
More








