ABOUT
cp0x is infrastructure, education, community.
We are actively fighting for the development of the DAO and have at least 10 projects with delegations
Uniswap Foundation (UF) is requesting
$95.4 million in grants (for 2 years):
$33.7 million for developers
$33.7 million for management
$33.7 million for infrastructure
and other small things…
$25.1 million for UF itself (for their work, while they write that they are a team of 16 people and plan to hire 12 more) so the employee salary will be about $37,350 per month excluding vesting. With vesting $48,172 per month
And also the detailed calculations do not match what they requested - 25 million and 38 million - a difference of 13 million.
If this proposal were divided into 2 parts, I would vote for grants, but against such expenses for UF
Additional request for grants (in addition to what was asked in the previous proposal) to stimulate Unichain and v4.
24 million for incentives to transfer liquidity from v3 to v4 by 23 billion in six months.
21 million on Unichain. Optimism rollup - stimulation of pools on this chain.
As in the previous proposal, the combination of two grants that are not directly related, which may have different opinions, raises doubts.
If there are no questions about the first program, then the second is confusing in that it is unclear who will be the user of this new chain, where there will not be much liquidity initially, which means that slippage will be higher (which is of course compensated by incentives, but when they run out - no one will need this chain). What is the competitive advantage? After all, if there is none, then we will simply spend money without the desired effect.
These proposals need to be divided, like the previous one. It is a bad idea to mix good and bad proposals and thereby accept something that is not needed by the community.
We have cash on hand. So the amount we request from the Treasury takes that into account, we subtract cash on hand from our projected budget to get the ask to the Treasury. That accounts for the difference there.
Extending the committee that is responsible for overseeing cross-chain developments
There are still 5 people on the committee, but they want to increase their hours, like there are more responsibilities, like managing a feedback group on the forum, etc.
In general, they want to raise the salary by about 30%.
Budget: $320k at a rate of $200 per hour (Well, you know that I have a bad attitude to such a rate) and 50k for operating expenses (which is also expensive)
I would keep the committee itself, as well as their salary, which is already high, but I don’t want to pay for an increase.
Due to the token price drop, there are insufficient funds in the accounts of various Uniswap groups and initiatives
There is a very detailed analysis of all programs, costs and how much each is missing.
In total, it is $280k. The main part goes to cover the deficit in the Tally Grant program, where the funds were actually used to develop Tally.
Considering that the balance of the programs is now about $2 million, the shortage is not that big with such a drop in the token
I really liked the structure, where it is written in great detail how, how much and why additional funding is needed. An excellent example of how to do it right.
This is a reworking of a month-old proposal, where Uniswap delegates 1-1.5 million UNI to the top 10 delegates.
I was against it then and essentially nothing has changed.
Now they have changed the term of office - review after 9 months (and it was 12), which is insignificant
They give 1 million to the top, and there will also be a vote on who gets another 500k.
It’s all the same
They write that this is how they fight the quorum problem. This certainly solves the problem, but it is a temporary solution and may lead to the DAO being managed only by the top 10 delegates
There was already a proposal on this topic, they allocated about 46 million for incentives and for Unichain
Now, on top of that, GFX Labs is asking for money - they want a perpetual license for the implementation of v4, a one-time $250k and $90k for a year (7.5k per month for maintenance), and for this they will deploy Unichain on Oku
Considering that a lot of money has already been allocated for this, I think it is wrong to single out someone else, and it is worth giving money from the selected budget
[Temp Check] Analytics Hub for Uniswap’s Revitalization and Growth Program
Forse, a company that analyzes blockchains and protocols, offers to give it $60,000 in UNI
In exchange, they will analyze the profitability of incentives, user retention, etc. They will make a monitoring panel by the beginning of July
The money is small, but there is a benefit, because Uniswap spends too much on grants and I don’t know - is there any benefit from this
Finally, we will find out the answer to how effective large spending on new chains and grants, incentives is
This is a clarification of the previous vote - in which 4 chains to conduct the analysis
I would vote for the most popular and new:
Unichain (the most is spent there)
Sei
Polygon zkEVM
I would also look at Sonic, but for some reason there is no such option, although it is one of the currently popular chains and has a large growth
In the future, it is worth giving a larger choice of chains, because Uniswap is in many chains, it is bad that we cannot choose specific ones, but only from 4.