Uniswap Delegate Reward Initiative - Cycle 4
We voted in support of this proposal as the Delegate Reward Initiative continues to ensure delegate participation in governance, and the extension comes at an important moment when the DAO is within reach of struggling with quorum.
We also believe that the general direction of how the program is developing is the right one, with attempts to introduce more skin-in-the-game via the UNI ownership threshold. While right directionally, it likely won’t change much.
We likewise agree with some of the comments made by @pennblockchain:
This is why we don’t think additional rewards for “perfect participation” makes too much sense either.
Introducing more qualitative factors into the program to encourage more “meaningful” participation over checking boxes would obviously improve the program, though easier said than done. If not for this cycle, this should be the main focus for the next one.