boardroom-inc-protocol-Info/protocols/uniswap/resources/Gov Weekly/Update Week 22 2021 03-06-21.md
2021-06-04 00:20:14 -04:00

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Governance Update

Live Votes [On-Chain]

Name Category Link
Proposal #4: Reduce the UNI proposal submission threshold to 2.5M Governance Procedure Vote

Summary:
Following results of Temperature-check 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

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

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

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

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

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

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

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 with the specifics of this proposal: (1) 30M is a lot of money to begin with, and (2) Uniswap shouldnt 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

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

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

Summary:
Discussion in support of deploying V3 on Polygon as well as Optimism

Update 1:
Aside from ample support, there are questions 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 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 to move to off-chain polling.

Date Created: May 12th
Last Active: May 27th