FranklinDAO (Prev. Penn Blockchain) Delegate Platform

Thanks! scroll noticed me complaining and reached out as well, chatting with them tomorrow.

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Community Governance Process Changes

We voted YES: We are a huge fan of the new updates to the Temperature Check and Consensus Check logistics. We recently concluded a governance deep dive research piece for the UF and this will be one of the main things many people said they wanted to improve!

https://gov.uniswap.org/t/a-deep-dive-of-uniswaps-governance/19792

Just wanted to highlight here our recent research we did this semester regarding Uniswap’s governance!

Deploy Uniswap V3 to Boba Network

We voted YES: Voting yes our general opinions regarding v3 being made available to as many good chains as possible holds here. We worked with the team to help them submit this proposal through the formal governance process and thank them for all their help.

UPDATED: Voting yes on the new proposal after a change in the legal recipient of the additional use grant

[RFC - Update] Deploy Uniswap v3 (1 / 0.3 / 0.05 / 0.01) on BNB Chain (Binance) Bridging Solution

We voted ABSTAIN: Our first Abstain vote in a while, reasoning in posts here:
https://gov.uniswap.org/t/rfc-update-deploy-uniswap-v3-1-0-3-0-05-0-01-on-bnb-chain-binance/19734/64?u=pennblockchain
https://gov.uniswap.org/t/rfc-update-deploy-uniswap-v3-1-0-3-0-05-0-01-on-bnb-chain-binance/19734/81?u=pennblockchain

Voted YES: To the on chain vote. Seeing a great level of turnout and debate, as w the community has chosen Wormhole, we believe it is appropriate to move forward with Wormhole on this proposal.

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Enable 1bp Fee Tier for UniswapV3 on Arbitrum

We voted YES: Nice simple yes vote here as it’s logical and follows prior chains.

Deploy Uniswap V3 on Avalanche

We voted FOR: Voted for on both temperature check and on chain vote. Our reasoning for this was a bit debated internally, but at the end of the day, we believe Uniswap should 100% deploy onto Avalanche. We wish discussions surrounding the bridging provider were answered in the forums, however, completely understand the forum fatigue there and general community unwillingness to replicate the BNB discussion. As prior mentioned, we don’t believe a precedence should/was set and are looking forward to a competitive bridging landscape in the future with respect to providers for Uniswap deployments.

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Announcement to the Uniswap community from the governance team at FranklinDAO.

As part of an effort to strengthen our internal organization and operational security, we’re migrating our delegate profile (franklindao.eth) to a hard wallet at 0xCc878369b26127BD4bC1B0B465bC8bE9b92a4c62.

Our old address (0x070341aA5Ed571f0FB2c4a5641409B1A46b4961b) will remain active in protocol governance for the next month until June 15, 2023, so as to give everyone ample time to re-delegate their tokens.

We appreciate all of the holders that have entrusted us with their voting power and look forward to meaningfully improving the projects we all use on your behalf.

We are always accessible via the forums or Twitter @franklin_dao for any questions!

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May Voting Summary

DeFi Education Fund Temp Check
We voted Abstain. Reasoning can be found below.

DeFi Education Fund Temp Check-Options
We voted For: 500k $UNI option.

DeFi Education Fund - On Chain Vote
We voted For: We initially voted Abstain on the Temp Check because of concerns over the 1M $UNI token donation amount. However, we recognize the achievements of DEF and the importance of legal advocacy and work in the coming years. While we would have preferred a smaller donation amount, we ultimately concluded that supporting DEF’s mission through this proposal is a worthwhile investment given that DEF uses its resources wisely and shares regular updates with the DAO.


[Temp Check] Onboard Uniswap to Redstone
We voted For: Deploy without incentives.


[Temp Check] Uniswap Delegate Reward - 3 Months-Cycle 1
We voted For. Reasoning can be found below.

Uniswap Delegate Reward - May 25th
We voted For: We believe that the proposed Uniswap Delegate Reward system is a great step toward increasing delegate engagement, not only in meeting objective metrics, but also encouraging more beneficial activity and exploration to improve the DAO. As other DAOs like Aave and Arbitrum have set up delegate reward programs, we believe it’s the right time to experiment and further strengthen delegate incentives. This will help take the burden off of delegates in terms of costs and help reward all the dedication top delegates have put into this DAO.

Uniswap Treasury Working Group (UTWG) Election

We voted for this proposal, the reasoning can be found below.

Mobilizing the Uniswap Treasury

We are interested in exploring the potential mobilization of the Uniswap treasury and happy to contribute to the research efforts.

[Temp Check] Uniswap Onboarding Package - Manta

We voted for this proposal. The reasoning can be found below under the bundle.

[Temp Check] Onboard Uniswap to Sei

We voted for this proposal. The reasoning can be found below under the bundle.

Onboarding Package Bundle

It’s important to bootstrap new deployments with incentives to ensure their success.

Update Uni v3/v2 Deployment Process (March 2024)

We voted for this proposal. The reasoning can be found below.

Update Uni v3/v2 Deployment Process (March 2024)

We voted for this proposal to streamline and enhance the efficiency of Uniswap’s deployment governance process. By granting the Uniswap Accountability Committee multisig the authority to manage the v3-deployments.uniswap.eth and v2deployments.uniswap.eth subdomains, we reduce the need for repetitive onchain votes for each new deployment, speeding up the process while maintaining oversight. The DAO will still retain ultimate control over the primary domain, uniswap.eth, and can revoke these permissions through a governance vote, ensuring a balanced approach to accountability and flexibility. This change aligns with our goal to optimize operational efficiency while preserving robust governance standards.

June Voting Summary


Snapshot: Uniswap Arbitrum LTIPP Matching
We voted (1st) $500k, (2nd) $750k, (3rd) $1m, (4th) $250k, (5th) Do not fund. Reasoning can be found below.

Uniswap Arbitrum LTIPP Matching - June 23rd
We voted For: We believe that matching Arbitrum LTIPP’s funding demonstrates that Uniswap DAO is not aiming to extract value from Arbitrum but instead an alignment with Arbitrum. By only applying in LTIPP, the DAO has shown good intentions. We hope to see further collaboration and grants between the two DAOs when appropriate. We support the use of funds to incentivize LPs through Gauntlet’s engine.

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July Voting Summary

[Temp Check] Uniswap Onboarding Package - Gnosis Chain

We voted for 250k. Reasoning can be found below.

Onboarding Package for Gnosis Chain

We voted for $250k: We believe $250k reflects our confidence in Gnosis’ potential while ensuring that resources are committed prudently. Supporting new deployments is crucial to enable them to foster an ecosystem that can flourish with the necessary liquidity requirements backed by such onboarding packages. This level of support also signals to the community and potential partners that Uniswap is serious about expanding its ecosystem thoughtfully.

August Voting Summary

[TEMP CHECK] Uniswap Onboarding Package - OKX Chain

Missed Vote

[Temp Check] Forse Analytics for Uniswap Revitalization and Growth Program

We voted for Arbitrum & Base. Reasoning can be found below.

[Temp Check] Forse Analytics for Uniswap Revitalization and Growth Program

We have chose Arbitrum and Base due to their dominant positioning and large user presence - if incentives are going to be researched for optimization on any blockchains it should be done on these first.

Arbitrum, as a leading Layer 2 solution, offers a well-established ecosystem with a diverse and active user base, making it an ideal platform to study the scalability and cost-efficiency of Uniswap’s deployment. Its maturity and innovation in the Layer 2 space provide valuable insights into how Uniswap can optimize its operations in a high-performance environment. Base, backed by Coinbase, represents a promising new blockchain with the potential to tap into a broader and more diverse user demographic.

[TEMP CHECK]- Revised - Uniswap Onboarding Package - OKX Chain

We voted For. Reasoning can be found below.

[RFC] Deploy Uniswap v3 on X Layer

We voted in favor of the revised onboarding package.

[Temp Check] Uniswap Delegate Reward Initiative - Cycle 2

We voted For. Reasoning can be found below.

[RFC] Uniswap Delegate Reward Initiative - Cycle 2

We voted in favor of the first cycle of the Uniswap Delegate Reward initiative and are happy to see the second cycle enacted. Voting in favor directly supports incentivizing active participation and governance within the Uniswap DAO. By providing rewards to dedicated delegates who actively contribute to discussions, voting, and governance decisions, the initiative enhances the overall health and functionality of the DAO and its members. This proposal encourages greater engagement, properly recognizes those who contribute, and ultimately strengthens the DAO.

[REDO: Temp Check] Activate 2, 3, 4 bps fee tiers on Uniswap v3 on Base

We voted for. Reasoning can be found below.

[RFC] Proposal to active 2, 3, 4 bps fee-tiers on Base

Voting in favor of the proposal to activate the 2, 3, and 4 bps fee tiers on the Base network in Uniswap is a proactive step to gaining market share on base and increasing Uniswap’s competitive edge.

[Temp Check] Uniswap Onboarding Package - Gnosis Chain

We voted for this proposal. Reasoning can be found below.

Onboarding Package for Gnosis Chain

We voted for this proposal.

Voting in favor of the proposal to provide Gnosis with their onboarding package is a necessary move to continue the bootstrapping of Uniswap deployments - in this case Gnosis.

September Voting Summary

Uniswap Delegate Reward Initiative - Cycle 2

Vote: For

Description: We appreciate being a part of the Uniswap Delegate Reward Initiative and are in favor of its continuation. It does appear to be successfully attracting new contributors to the DAO while incentivizing the maintenance of a professional voting platform, which we think is a perfect recipe for onboarding new and active members to the DAO. We also believe the method used for selection is quite fair and holds everyone to a higher standard.

Proposal to active 2, 3, 4 bps fee-tiers on Base

Vote: We missed this vote.

Description: Although we missed this vote, we do recognize the position under which it was proposed. However we would have voted to abstain or voted against due to the marginal impact we would have expected in volume, as well as the potential for increased liquidity fragmentation and its extended effects. We would be in favor of further research specifically into all the options available for increasing Base market share as well as fallbacks that could work to rebalance priorities should the desired outcomes not be reached in a specified amount of time.

Uniswap Accountability S3 Renewal and Rebalance

Vote: For

Description: We appreciate the work done by the Uniswap Accountability Committee in previous seasons and we look forward to the continuation of their services. We will also have a member submitting a pitch to join the committee.

[Temp Check] - Ethereum Foundation Attackathon Sponsorship

Vote: Do not sponsor.

Description: We opposed the proposal due to concerns about the high cost and limited direct impact on Uniswap’s core objectives. These funds could be better allocated to initiatives more directly tied to Uniswap’s development.

UAC Renewal S3

Vote: Renew UAC

Description: We appreciate the work done by the Uniswap Accountability Committee in previous seasons and we look forward to the continuation of their services. We will also have a member submitting a pitch to join the committee.

Approved Budgets Rebalancing

Vote: Approve Rebalance

Description: We recognized the need to rebalance the currently approved budgets due to the negative price action of the UNI token over the past months.

Uniswap Delegate Race Tiebreaker

Vote: Both

Description: We voted to include both Tane and Argonaut into the second season of Delegate Rewards Initiative because they both met the requirements to be rewarded under the points scheme.

October Voting Summary

Uniswap Accountability Committee S3 Elections

Vote: 50% Doo, 50% Alex Duckworth

Description: We were excited to see so many applicants for such an important role in the DAO, and after the first two seasons success, our very own Alex Duckworth applied. We decided to use 50% of our voting power for Alex and the other half with Doo from stable lab, given his experience in DeFi and high fidelity in the past.

[TEMP CHECK] - Onboarding Package for Lisk

Vote: Aganist

Description: We voted against this proposal because the majority of the chain’s TVL is composed of the native token. We would like to see a more mature ecosystem before deploying Uniswap.

Uniswap Growth Program Trial - Snapshot

Uniswap Growth Program Trial - Tally

Vote: In Support

Description: We were generally in favor of this proposal from the beginning, seeing the opportunitiy available for Uniswap to have coordinated efforts marketing the DAOs activities, particularly for new deployments and incentives. It was great working with the alpha growth team to get to the final stage of this proposal.

[TEMP CHECK] - Tally Uniswap Proposal

Voted: For

Description: We’ve been extremely satisfied with Tally’s service to the DAO over the past years. We’re excited to see them continue to innovate on DAO tooling and enabling an easy environment to onboard more governance participants.

[Updated] Forse Analytics for Uniswap Revitalization and Growth Program

Voted: For

Description: We voted in favor of this proposal because we believe Forse’s data insights will be invaluable for evaluating and refining the Uniswap Revitalization and Growth Program. With a reduced budget and expanded scope, the proposal thoughtfully addresses DAO feedback and ensures accountability by aligning budget releases with completion milestones. We’re excited to see how this analysis will help us understand which user groups and incentive structures drive real growth and user stickiness.

November Voting Summary

[TEMP CHECK] - Tally Uniswap Proposal

Supporting Tally’s Development and Enhancements for Uniswap DAO Governance

Vote: For

Description: We love the work that Tally has done in the past and are excited to see Tally continue to contribute to the Uniswap ecosystem in a meaningful way. Their consistent support of Uniswap DAO governance, particularly through their voting platform, has been invaluable to the community. As the DAO evolves, we see a world where Tally grows and evolves with us. This proposal represents a step in this direction.

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December Voting Summary

[TEMP CHECK] Uniswap DAO Principles

Vote: For

Description: We are in support of the clear and transparent governance framework put forward by @kfx and @justErik and we hope that it can enhance trust and accountability within the Uniswap DAO. By setting out explicit principles, it ensures consistent, fair decision-making while still allowing for flexibility and innovation. We’re excited to see the DAO to continue to grow in a decentralized manner and frameworks like these are good to hold us all to a higher standard.

[Temp Check] - Adopt The SEAL Safe Harbor Agreement

Voted: For

Description: We are advocates for strong protocol security and we believe this is a great benefit for Uniswap to have. Although we may not anticipate any negative events or exploits in the future, its best to stay prepared with security monitoring and tooling such as SEAL safe harbor agreement.

[TEMP CHECK] Scale Uniswap Liquidity on Celo

Voted: For

Description: We have long been aligned with the core mission of Celo and believe this is a strong next step to increasing adoption of Celo as well as facility a more capital efficient onchain economy on Celo. We look forward to seeing the results of this campaign and how we can potentially support Celos growth and development more in the future.

[TEMP CHECK] Metal L2: Bridging TradFi and DeFi Through Uniswap V3

Voted: For

Description: We voted for Metal because we were interested in the differentiated use case brought forward by their chain, enabling Uniswap to gain exposure to more traditional financial rails. Although this did not pass, we look forward to observing the continued growth of Metal.

Discretionary Budget from UAC for Co-Incentive Campaigns

Voted: For

Description: Granting AlphaGrowth a discretionary budget for co-incentive campaigns empowers Uniswap to swiftly seize partnership and growth opportunities without delay. We look forward to seeing the fruits of AlphaGrowth’s labor and would like to be supportive along the way – utilizing surplus budget is an easy step in this direction.

Incentive Package for Sonic (Formerly Fantom)

Voted: For

Description: We believe Sonic provides a unique opportunitiy for Uniswap. The ecosystem is rising from a previously successful and popular platform with Fantom and seems to have just as much hype leading into its rollout.

January Voting Summary

Scale Uniswap Liquidity on Celo

Voted: For

Description: We have consistently supported the core mission of Celo and firmly believe that this proposal represents a strategic and impactful next step toward driving greater adoption of the Celo ecosystem. By fostering a more capital-efficient onchain economy, this initiative aligns with our shared vision for sustainable growth and innovation. We are excited to witness the outcomes of this campaign and remain committed to exploring ways to further contribute to Celo’s development and success in the future.

Uniswap DAO Principles

Voted: For

Description: We fully endorse the clear and transparent governance framework proposed by @kfx and @justErik, as we believe it is a critical step toward strengthening trust and accountability within the Uniswap DAO. By establishing explicit principles, this framework ensures consistent and fair decision-making while maintaining the flexibility needed to foster innovation. We are enthusiastic about the DAO’s continued growth in a decentralized manner and view frameworks like this as essential for upholding higher standards of governance and collaboration across the community.

[Temp Check] - Adopt The SEAL Safe Harbor Agreement

Voted: For

Description: We are strong proponents of robust protocol security and firmly believe that this initiative represents a significant benefit for Uniswap. While we remain optimistic and do not anticipate any negative events or exploits in the future, we recognize the importance of staying prepared and proactive. Implementing security monitoring tools and frameworks, such as the SEAL Safe Harbor agreement, is a prudent step to safeguard the protocol and its users. This approach aligns with our commitment to maintaining a secure and resilient ecosystem for all stakeholders.

Incentive Package for Sonic

Voted: For

Description: We believe Sonic presents a unique and compelling opportunity for Uniswap. Building on the success and popularity of the Fantom ecosystem, Sonic has generated significant momentum and excitement leading up to its rollout. This alignment with a proven and vibrant community positions Sonic as a promising platform for growth and collaboration, and we are optimistic about the potential synergies it can bring to Uniswap and the broader decentralized ecosystem.