# Governance Update

## Live Votes Snapshot (Off-chain)
| Name          | Category      | Link   |
| ------------- |:-------------:| :-----:|
| Can UGP increase their Q2 budget to $1.5M? |  | [Vote](https://app.boardroom.info/uniswap/poll/QmWe6Krc81pkCtQFbd2AxytFCp1imLGUnFTEEom9YNwFte) |

Summary:\
The UNI Grants Program would like to double the Q2 budget to $1.5M in order to match the Uniswap Labs bug bounty program with $500,000 worth of UNI from the Committee multisig. Due to the price change of UNI, the funds are already available and will not require a formal transfer of funds from community treasury.\
However, as these funds were not a part of our original proposal, we are seeking approval via a 7 day time-bound Snapshot vote, after which UGP will act according to the majority vote.

Closes: April 3rd

## Ongoing Discussions

| Name          | Category      | Link   |
| ------------- |:-------------:| :-----:|
| Fee switch date approaching, time to act | Product | [Discuss](https://gov.uniswap.org/t/fee-switch-date-approaching-time-to-act/10418) |

Summary:
Repeated calls for a vote regarding whether the fee switch should be turned on or not.

Update:\
Significnat support as well as [pushback](https://gov.uniswap.org/t/fee-switch-date-approaching-time-to-act/10418/28) arguing that there are other more pressing matters to consider before the fee switch and may fare better by waiting/focusing on migration to L2.

Date Created: Feb 18th\
Last Active: April 1st

| Name          | Category      | Link   |
| ------------- |:-------------:| :-----:|
| Right Time for UNI Screenshot Airdrop to HODLers private wallet | Marketing/Treasury | [Discuss](https://gov.uniswap.org/t/right-time-for-uni-screenshot-airdrop-to-hodlers-private-wallet/9782) |

Summary:\
Discussion gauging whether there shoudl be an airdrpo rewarding UNI HODLers

Update:\
[Reminder](https://gov.uniswap.org/t/right-time-for-uni-screenshot-airdrop-to-hodlers-private-wallet/9782/18) that there will be no more airdrops, as communicated by the team.

Date Created: Jan 17th\
Last Active: April 1st