boardroom-inc-protocol-Info/protocols/uniswap/resources/Gov Weekly/Update Week 13 2021 01-04-21.md

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Governance Update

Live Votes Snapshot (Off-chain)

Name Category Link
Can UGP increase their Q2 budget to $1.5M? Vote

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

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

Update:
Significnat support as well as pushback 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

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

Update:
Reminder that there will be no more airdrops, as communicated by the team.

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