# 404 DAO Delegate Platform

**URL:** <https://gov.uniswap.org/t/404-dao-delegate-platform/22285>\
**Category:** Delegation Pitch\
**Created:** [November 10, 2023, 3:09pm UTC](https://gov.uniswap.org/t/404-dao-delegate-platform/22285 "2023-11-10T15:09:45Z")\
**Posts on this page:** 1\
**Showing post:** 27

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**Author:** ![404DAO](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/404dao/32/8120_2.png) [@404DAO](https://gov.uniswap.org/u/404DAO)\
**Post date:** [July 16, 2025, 7:17pm UTC](https://gov.uniswap.org/t/404-dao-delegate-platform/22285/27 "2025-07-16T19:17:48Z")

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## [Etherlink Co-Incentives Proposal](https://snapshot.box/#/s:uniswapgovernance.eth/proposal/0xc689d74757ccf1de09c3b8656dcd2f0d678972c9715a318aa4e9b659a5ebaca1)

We voted **AGAINST** the Etherlink Co-Incentives proposal. We do not believe the $150K co-incentive request will drive sustainable growth. [Historical data](https://gov.uniswap.org/t/introducing-the-uniswap-incentive-analysis-terminal-by-forse/25409) from Forse Analytics shows that most liquidity incentive programs result in short-term TVL spikes, with retention typically falling below 50% after 90 days. LP behavior remains largely mercenary, with rewards often sold immediately.

Since incentives are already being distributed through the Apple Farm Season, we see limited additional value from more incentives. Until we see clear organic demand with a clear strategy for achieving stickiness onchain beyond the campaign, we cannot support this proposal.

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_[View the full topic](https://gov.uniswap.org/t/404-dao-delegate-platform/22285)._