Uniswap Foundation Feedback Group (FFG)
Authors: Uniswap Accountability Committee (UAC)
This forum post outlines the purpose and structure of the FFG.
Background
In March, the DAO passed two proposals, allocating a total of ~$165.5M to the Uniswap Foundation (UF) for facilitating overall Uniswap ecosystem growth and development.
- $95.4M for UF-driven grants
- $25.1M for UF OPEX
- $45M for Unichain/v4 incentives
The UF’s mandate will span approximately 2 years, between March 11, 2025 - March 11, 2027.
Given the scale and duration of this funding, several delegates raised important questions during the proposal review process around how to maintain effective input, track progress, and ensure DAO visibility into how the UF is executing on its mandate.
In response to the feedback, the UAC collaborated with UF leadership to establish the Foundation Feedback Group (FFG)—a group intended to ensure effective communication and strengthen accountability between the UF and the DAO.
The FFG’s responsibilities include:
- Tracking UF Roadmap Execution: reviewing the Foundation’s progress on the strategic initiatives articulated in Uniswap Unleashed, including incentive deployments, grant funding, and ecosystem alignment.
- Driving Value to the Ecosystem: ensuring that capital is allocated to initiatives with sound justification, with a key driver being eventual value provision to financially vested entities via Uniswap protocol revenue, UVN staking fees, etc.
- Surfacing and Contextualizing Key Updates: identifying key developments, challenges, or strategic pivots that are important for the DAO to understand and sharing summarized insights back to the DAO via forum updates/during community calls.
- Providing an Additional Layer of Accountability: offering thoughtful, informed feedback to the UF on how it’s fulfilling its mandate, particularly in areas and topics that require additional discretion and care (like confidential partnerships).
Importantly, the FFG will not act as a board of the UF or an enforcement body, nor will it replace the Foundation’s existing reporting processes. Rather, it will serve as a high-context, DAO-aligned observer group—one that can offer an added degree of trust and reassurance that the UF’s work is progressing responsibly and that feedback from the DAO is being acknowledged and incorporated in a constructive way.
Group Composition
The FFG’s composition reflects a balance of relevant expertise, Uniswap ecosystem synergy, and strategic insight. Members include individuals with legal backgrounds, financial alignment, and demonstrated tactical acumen. The group also features delegates who have historically been constructive in their feedback and demonstrate a level of neutrality with the Foundation, as well as participants with specialized knowledge in areas such as market making, governance operations, and protocol development. Some members are former grantees or represent projects that rely on the Uniswap protocol for their success, ensuring strong alignment. Collectively, the group brings high context around Uniswap DAO operations and is well-positioned to provide thoughtful, informed oversight.
Miles and Ross from a16z:
- Miles Jennings and Ross Shuel both represent a16z, a prominent Uniswap investor. As Head of Policy and General Counsel of a16z crypto, Miles has been deeply involved in shaping legal frameworks and policy approaches that support the long-term sustainability of protocols and DAOs like Uniswap. Ross focuses on governance design and network operations with a16z’s portfolio companies and is closely informed on Uniswap’s current and prospective status in the broader DeFi space.
Jesse and Jake from Variant:
- Jesse Walden and Jake Chervinsky both represent Variant, an early-stage crypto venture firm. As the Founder and Managing Partner of Variant, Jesse has led the firm as a key investor in Uniswap, recognizing its potential to transform digital value exchange through DeFi. He has also been active in the broader Uniswap ecosystem, having co-authored the original proposal for the Uniswap Grants Program in December 2020. Jake is Chief Legal Officer at Variant, and has spent years working on the bleeding edge of DeFi law and policy, including as a resource for the Uniswap ecosystem.
Getty Hill from GFX Labs & Oku Trade:
- Participating on behalf of GFX Labs and their delegators, Getty is the CEO of GFX and Oku Trade. Through GFX, he has been a delegate in Uniswap since 2021. Previously, he was working at a Chicago trading firm running on & off-chain delta-neutral strategies for three years.
Thanos from Keyrock:
- Participating on behalf of Keyrock, a Global Crypto Investment Firm, Thanos has been leading the firm’s governance efforts. Keyrock, known for its expertise in market making, OTC, and options, has become a key player in global crypto liquidity. Thanos brings over 10 years of experience in the crypto space and is considered an expert in liquidity strategy and infrastructure.
kassandra.eth from Arrakis:
- Participating on behalf of Arrakis, the sophisticated onchain market maker preferred by token issuers. Arrakis was created in response to the Uniswap V3 whitepaper and the growing complexity of effectively managing LP on DEXs. Kassandra has been building on and round Uniswap Protocol for the last 4+ years, and is a strong believer in robust, immutable DeFi infrastructure that unlocks truly permissionless innovation. Uniswap Protocol is the crown jewel of the app layer.
*The UAC will by default be a part of the FFG and is responsible for publicizing details from UF-FGG conversations.
Logistics
Cadence:
Every other month, with 4 total meetings occurring for the remainder of the calendar year.
Start Month: May 2025
End Month: December 2025
Meetings Format:
Unrecorded, private meeting between the stated group members and the UF to allow for candidness and the sharing of sensitive information. The UF will provide a high-level agenda and discussion points prior to each bimonthly meeting, allowing FFG members to prepare questions and flag concerns in a Q&A format, unlike the existing public Foundation community calls.
Approach to Communications:
- The UAC, as a part of the FFG, will sustain a running forum thread with bimonthly meeting updates. This page will also allow the FFG to communicate any potential issues that they may be observing. Candidness in relaying sentiment to the DAO is imperative.
- The FFG will not distribute confidential or material nonpublic information, such as unannounced partnerships. Instead, the group may relay obfuscated or thematic summaries that offer directional insight while preserving discretion. Again, the goal is to allow for an external body to verify that the UF is executing properly, without needing to share each and every detail publicly.
Cycling Members:
At the end of the year, the UAC will collect feedback from DAO members and evaluate the effectiveness of this group, reinstituting it for the coming year if successful. The operations and processes behind the selection of group members are subject to change based on learnings from this iteration.