Uniswap Delegate Reward Initiative - Cycle 4
Vote: FOR
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The Delegate Reward Initiative has been beneficial in promoting governance participation. A new cycle with the updated criteria will be beneficial in upkeeping governance participation and meeting quorum, especially in the wake of large UNI holders undelegating from key delegates.
The new criteria is balanced and compensates the activity of delegates more pro-rata than previous cycles. Additionally, the 1,000 UNI holder criterion promotes further alignment between delegates and the DAO.