From 14579cc08c4171e87f80eda4e19a63c8f3cbdfa4 Mon Sep 17 00:00:00 2001 From: AngelDeBenji <79114195+AngelDeBenji@users.noreply.github.com> Date: Fri, 4 Jun 2021 00:20:14 -0400 Subject: [PATCH] Create Update Week 22 2021 03-06-21.md --- .../Update Week 22 2021 03-06-21.md | 150 ++++++++++++++++++ 1 file changed, 150 insertions(+) create mode 100644 protocols/uniswap/resources/Gov Weekly/Update Week 22 2021 03-06-21.md diff --git a/protocols/uniswap/resources/Gov Weekly/Update Week 22 2021 03-06-21.md b/protocols/uniswap/resources/Gov Weekly/Update Week 22 2021 03-06-21.md new file mode 100644 index 0000000..e1c9e78 --- /dev/null +++ b/protocols/uniswap/resources/Gov Weekly/Update Week 22 2021 03-06-21.md @@ -0,0 +1,150 @@ +# Governance Update + +## Live Votes [On-Chain] + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Proposal #4: Reduce the UNI proposal submission threshold to 2.5M | Governance Procedure | [Vote](https://app.boardroom.info/uniswap/proposal/4) | + +Summary:\ +Following results of [Temperature-check](https://snapshot.org/#/uniswap/proposal/QmNPvJSYqtpN8JeReGACfPJNx7yXZrsrcAKDsjHvbx3Pu3) on this issue + this proposal lowers the UNI proposal submission threshold from 10M UNI to 2.5M UNI. + +Closes: June 8 + + +## Live Votes [Off-Chain] + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Consensus Check — Funding a Political Defense of DeFi | Treasury | [Vote](https://snapshot.org/#/uniswap/proposal/QmaUPBYqkiKnwkaVNVrUDpD6fk5EXXTqJjn71qHNYW4YQn) | + +Summary:\ +Should governance allocate 1M UNI from the Community Treasury to fund a 501(c)(4) to defend the protocol and DeFi from legal and regulatory threats and help ensure the promise of DeFi? + +Closes: June 5 + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Consensus Check - Donate $50M worth of UNI to Chris Blec to leave DeFi for good | Treasury | [Vote](https://snapshot.org/#/uniswap/proposal/QmTj8EWNTTinpDa9aXZdVkhzPBXD2monu6ZFV1dfoojR2f) | + +Summary:\ +Chris Blec has stated that he will leave the DeFi community for $50M. Proposal to gauge support for funding this. + +Closes: June 5 + +## Recent Votes (Off-chain) + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Temperature Check - Managing Systemic Risk in Uniswap's Community Treasury using KPI Options | Treasury | [View](https://snapshot.org/#/uniswap/proposal/Qme9MASbuzrX2W6o7e4CCKqQiLGS5yuBLmX8wkeM5awcio) | + +Summary:\ +Governance treasury will retain 43% of $UNI supply vested over 4 years, currently allocated 113 million in $UNI. Current value ~ ****$2.724 Billion USD. Max drawdown starting on May 3 2021, in 20 days $UNI lost 71% of it's value, a loss of ~ $3.616 Billion USD. Proposed strategy to manage this systemic risk and volatility for the long term success of the community treasury. + +Outcome: Did not meet threshhold + +Opened: June 1\ +Closed: June 3 + + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Temperature Check - Should Uniswap lower the proposal submission threshold? | Governance Procedure | [View](https://snapshot.org/#/uniswap/proposal/QmNPvJSYqtpN8JeReGACfPJNx7yXZrsrcAKDsjHvbx3Pu3) | + +Summary:\ +Uniswap governance currently has a proposal submission threshold of 10M votes. Should this threshold be lowered? + +Outcome: Passed + +Opened: May 28\ +Closed: May 31 + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Temperature Check - Funding a Political Defense of DeFi | Treasury/Strategy | [View](https://snapshot.org/#/uniswap/proposal/QmVXXEXJJKjFJtwXyy4Xx3gBckhz6TvorZoLgX3yiB7Hki) | + +Summary:\ +Should UNI governance allocate 1-1.5M UNI to fund a policy operation to defend the protocol and DeFi from legal and regulatory threats? + +Outcome: Passed + +Opened: May 27\ +Closed: May 29 + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Temperature Check - Deploy Uniswap v3 on Arbitrum | Strategy/L2 | [View](https://snapshot.org/#/uniswap/proposal/Qmehop1NNWP9VEf7tGLEAYRphVsXtdxkL7oKEhaXL2Xao6) | + +Summary:\ +Indicate your interest for Uniswap moving forward with a deployment of Uniswap v3 on Arbitrum, by (1) opening the Uniswap v3 license to include code deployed on Arbitrum, (2) allowing community developers to implement Uniswap v3 on Arbitrum. + +Outcome: Passed + +Opened: May 26\ +Closed: May 28 + +## Ongoing Discussions + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Funding a Political Defense of DeFi | Treasury/Strategy | [Discuss](https://gov.uniswap.org/t/consensus-check-uni-should-fund-a-political-defense-organization-for-decentralized-finance/12700/17) | + +Summary:\ +This post outlines a framework for funding regulatory and political defense of the decentralized finance ecosystem with a grant from the UNI Community Treasury + +Update 1: Following a succesful Temperature Check, forum dicussion is presenting some [concerns](https://gov.uniswap.org/t/consensus-check-uni-should-fund-a-political-defense-organization-for-decentralized-finance/12700/17) with the specifics of this proposal: +(1) 30M is a lot of money to begin with, and (2) Uniswap shouldn’t need to pay for this initiative on their own. + +Opened: May 31\ +Closes: June 3 + + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Deploy Uniswap v3 on Arbitrum | Strategy | [Discuss](https://gov.uniswap.org/t/deploy-uniswap-v3-to-arbitrum-mainnet/12451) | + +Summary:\ +Arbitrum launches later this week on May 28th. This vote follows a discussion around deploying the Uniswap v3 code to Arbitrum network. + +Update 1: Following a Succesful temperature Check, this proposal moves to the second stage of voting. + +Opened: May 26\ +Closes: June 3 + + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Should Uniswap lower the proposal submission threshold? | Governance Procedure | [Discuss](https://gov.uniswap.org/t/consensus-check-should-the-proposal-threshold-be-lowered/12698) | + +Summary:\ +Uniswap governance currently has a proposal submission threshold of 10M votes. Should this threshold be lowered? + +Update 1: Following a Succesful temperature Check, this proposal moves to the second stage of voting. + +Opens: May 31\ +Closes: June 6 + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Deploy Uniswap V3 on Polygon/Matic | Strategy | [Discuss](https://gov.uniswap.org/t/deploy-uniswap-v3-on-polygon-matic/12165) | + +Summary:\ +Discussion in support of deploying V3 on Polygon as well as Optimism + +Update 1:\ +Aside from ample [support](https://gov.uniswap.org/t/deploy-uniswap-v3-on-polygon-matic/12165/7), +there are [questions](https://gov.uniswap.org/t/deploy-uniswap-v3-on-polygon-matic/12165/7) regarding Polygon's security and if it represents a concern for the Uni team as to deploying on polygon. + +Update 2:\ +Following ample support for deployment on Polygon, [questions](https://gov.uniswap.org/t/deploy-uniswap-v3-on-polygon-matic/12165/23) raised by argument that Polygon is ultimately more of a competitor to Ethereum than an ethereum friendly option. + +Update 3:\ +With both support and pushback from the community, there are [calls](https://gov.uniswap.org/t/deploy-uniswap-v3-on-polygon-matic/12165/21) to move to off-chain polling. + +Date Created: May 12th\ +Last Active: May 27th + + + +