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BoB Uniswap v3 Incentives Package
We voted FOR in alignment with our previously published off-chain rationale. We have maintained our position as stated and have voted accordingly.
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Establish Uniswap v4 Licensing Process
We voted FOR establishing the Uniswap v4 Licensing Process to:
- Protect our innovation by using a temporary Business Source License (BSL) that prevents immediate, unauthorized forks and preserves Uniswapâs competitive edge.
- Accelerate v4 adoption by granting the Uniswap Foundation a blanket license, allowing for the rapid and efficient deployment of v4 across many chains without constant, repetitive governance votes.
- Ensure transparency and trust by creating a clear, on-chain registry of all official deployments and license grants, providing a single source of truth for the community.

UAC Renewal S4
We voted FOR the UAC S4 renewal due to our satisfaction with the committeeâs past performance and its role as an essential operational body for the DAO. The increased budget is justified by the UACâs expanded responsibilities and extended timeline through the end of 2025. The committeeâs proven transparency and effective management give us confidence that this is a solid move to keep the DAO strong, address funding gaps, and prepare for future developments like Uniswap v4.

Approved Budgets Rebalancing (S4)
We voted FOR the âApproved Budgets Rebalancing (S4)â proposal because it addresses crucial funding gaps created by token price volatility, ensuring key DAO programs can continue operating without interruption. The Uniswap Accountability Committee (UAC) has established itself as an essential and transparent body, effectively bridging governance decisions with day-to-day execution. This rebalance was a necessary and well-justified action to maintain the operational strength of the DAO and uphold its commitments.

[Temp Check/Revised] Treasury Delegation Round 2
We voted FOR the [Temp Check/Revised] Treasury Delegation Round 2 proposal as it is a vital initiative to maintain a healthy and efficient Uniswap governance system. This program directly addresses the critical challenge of meeting quorum by empowering active and capable delegates. We supported this revised version due to its significant improvements over the original program, particularly the introduction of a 12-month expiration for delegations and a clear, objective framework for selecting and evaluating participants, which ensures greater accountability.
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UAC Renewal S4
We voted âRenew UACâ in alignment with our previously published off-chain rationale. We have maintained our position as stated and have voted accordingly.
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Approved Budgets Rebalancing (S4)
We voted FOR in alignment with our previously published off-chain rationale. We have maintained our position as stated and have voted accordingly.

[TEMP CHECK] Scaling V4 and Supporting Unichain
We voted FOR this proposal as it represents a strategic and cost-effective investment in Uniswapâs future. Our rationale is based on three key points:
- Accelerates V4 Success: Funding the integration of V4 into Oku provides the critical, user-friendly infrastructure needed to drive adoption, attract liquidity, and ensure V4 becomes the dominant DEX protocol.
- Proven and Aligned Partner: GFX Labs has a demonstrated track record of successfully expanding the Uniswap ecosystem from a previous grant. Their well-defined plan and preferential pricing for the Unichain integration show a continued commitment to delivering value for the DAO.
- Strengthens the Entire Ecosystem: This initiative benefits all key participants. It empowers developers by showcasing hooks, provides LPs with essential management tools, and gives traders access to new, innovative markets, creating a virtuous cycle for growth.

[Temp Check] Analytics Hub for Uniswapâs Revitalization and Growth Program
We voted FOR this proposal because it is a cost-effective investment in strategic, data-driven growth for Uniswap.
StableLab has a proven track record of delivering valuable analytics on time and on budget. This proposal extends their successful work to younger, high-growth chains where new incentive programs offer a critical opportunity for analysis.
The insights gained on user acquisition, retention, and campaign efficiency are essential for optimizing future initiatives and ensuring DAO funds are allocated for maximum impact. This is a practical step to maintain Uniswapâs competitive edge through smarter, more informed governance.

Four Chains for Analytics Hub for Uniswapâs Revitalization and Growth Program
We voted vote âLinea 20%, Mantle 20%, Zksync 20%, Sei 20%, Unichain 20%â is based on a dual-pronged strategy to ensure both long-term innovation and immediate market growth for Uniswap.
First, Unichain is designated as our highest strategic priority and second, the other selections were made strictly based on Total Value Locked (TVL). By focusing on the chains with the most established economic activity, we are directing resources where we can have the greatest immediate impact, capturing the largest pools of users and liquidity to solidify Uniswapâs market leadership.
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Scaling V4 and Supporting Unichain
We voted FOR in alignment with our previously published off-chain rationale. We have maintained our position as stated and have voted accordingly.

Uniswap Accountability Committee S4 Elections
We voted to allocate our voting power equally across all seven candidates for the Uniswap Accountability Committee. This decision reflects our belief that the entire slate of applicants is exceptionally strong and well-qualified. Each candidate brings a unique set of valuable experiences and perspectives, and we would be confident in any of them to serve the DAO effectively
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Scaling V4 and Supporting Unichain
We voted FOR in alignment with our previously published off-chain rationale. We have maintained our position as stated and have voted accordingly.

Trial run a Technical Advisory Board (TAB)
We voted Against the proposal to establish a Technical Advisory Board for several key reasons.
Primarily, we believe the board is an unnecessary and inefficient use of DAO resources, as the vast majority of Uniswapâs governance proposals are not technically complex and do not require a permanent, salaried committee.
Furthermore, the proposal sought a large delegation of 2.5 million UNI, which we view as an undue centralization of voting power without clear justification. Finally, the boardâs responsibilities would create redundant overlap with existing ecosystem bodies, such as the Uniswap Foundation, which already handle technical oversight.
Uniswap Unichain - USDS and sUSDS Co-Incentives Growth Management Plan
We are voting FOR this proposal as it presents a capital-efficient strategy to accelerate Unichainâs growth. Leveraging the Sky ecosystemâs existing sUSDS yield is a smart use of resources, and tying the majority of the budget to performance-based TVL targets correctly aligns DAO spending with tangible results. At this stage, the strategic opportunity to grow Unichain is clear and compelling. We support moving this initiative forward.

[TEMP CHECK] - Etherlink Co-incentives Proposal
We voted âDo Not Approveâ for two primary reasons: sustainability and financial proportionality.
First, Etherlinkâs growth is openly driven by its own paid incentives, which raises widespread doubts about whether this liquidity is sustainable long-term. There is a significant risk that the TVL will disappear once rewards cease.
Second, the financial request is misaligned with community benchmarks. With a TVL of 47M, a proportionally-scaled incentive would be closer to $125,000, yet the proposal asks for a higher $150,000. Given the general skepticism towards the effectiveness of these programs, this is not a prudent use of treasury funds.