The Uniswap community voted to pass the temperature check proposal "Delegating 10 million UNI to underrepresented representatives"
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.
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.
You may also like
Qubetics Presale Hits $16.5M – Top Crypto to Buy Now as Arbitrum and Immutable X Make Waves
Explore Qubetics, Arbitrum, and Immutable X, the top crypto to buy in 2025. Dive into their unique features, presale updates, and blockchain impact.Qubetics: Leading the Charge in Blockchain InteroperabilityArbitrum Enhances Blockchain Privacy with New Web AppImmutable X Partners with Ubisoft to Launch New Blockchain GameInteroperability in Blockchain: The Future is ConnectedConclusionFor More Information:

Open Project proposes tokenized securities on Solana blockchain with support from Superstate and Orca
UK Government Releases Comprehensive Draft Legislation to Support Industry and Curb Fraud
The UK government has unveiled a 27-page draft legislation aimed at bringing cryptocurrency activities under formal financial regulation for the first time. This move seeks to foster innovation while protecting consumers by extending existing financial rules to digital assets like stablecoins, crypto exchanges, and custodial services.

Bitcoin, Ethereum ETFs Witness Significant US Inflows

Trending news
MoreCrypto prices
More








