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The Uniswap community voted to pass the temperature check proposal "Delegating 10 million UNI to underrepresented representatives"

The Uniswap community voted to pass the temperature check proposal "Delegating 10 million UNI to underrepresented representatives"

CointimeCointime2023/11/23 10:03
By:Cointime

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.

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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.

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