Governance Weekly Recap

Hi all - Duncan from Boardroom here :wave:

Part of Boardroom’s mission is to increase informed participation in governance. As a project supporting Uniswap we thought it would be useful to provide a weekly recap of recent governance activity in the Uniswap community.

Unlike the UNI Letter (which stopped shipping in May), this recap will focus exclusively on governance, similar to our coverage of Optimism governance. We believe this will be useful for delegates and voters due to the sometimes rapid pace of governance news and updates. When appropriate we’ll also note a few specific areas for action on timely subjects.

Within our weekly recap, we’ll provide a look back at:

  • Proposals
  • Governance changes
  • Impactful operating suggestions, and
  • Critical governance-related discussions across Discourse, Twitter, and Discord

The first recap will be posted today. We’d love to hear your feedback and any suggestions you might have. Feel free to DM to set up a time to chat!

5 Likes

Week of September 26, 2022

Summary

It’s been a relatively quiet week here on the forums, even while Uniswap Labs has been traveling the world to attend conferences. See below to find out about all that’s percolating.

Proposals

Proposal discussions:

  • Fund Uniswap DAO community operations through loans on Fringe Finance. This proposal offers the DAO the opportunity to open a line of credit with Fringe and receive up to ~$49m in USDC, which can be used at the DAO’s discretion. This would be possible since UNI is already a collateral asset on Fringe, which has set the loan-to-value at 49%. The (floating) interest rate is currently 7.62% per year.

Temperature checks:

  • None active this week

Consensus checks:

On-chain votes:

  • None active this week

In the Forums

Delegate pitches: check out this forum category to learn more about delegates @mhonkasalo and @teemulau, FranklinDAO (previously @pennblockchain), Gauntlet, and Gamma Strategies, among others.

In Discord

Do protocols need permission from Uniswap governance to build “on top of” Uniswap?

:speaking_head: Check-in on the governance channel to see what’s being discussed.

On Twitter

Read the new FAQ about Uniswap v3’s Business Source License — critical to governance.

How Uniswap V3 keeps track of fee calculations “under the hood.”

Twitter Space: Uniswap Labs x Just-In-Time Liquidity Research

Check out the first wave of grants awarded by the Uniswap Foundation.

:speaking_head: Follow the Uniswap Governance Bot for instant updates on on- and off-chain proposals.

Community Calls

:speaking_head: The next call is on October 5 (8PM GMT). See the calendar on Boardroom for all Uniswap related events, including proposal start and end dates.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

5 Likes

Absolutely love this write up, thanks team! :unicorn:

2 Likes

Week of October 3, 2022

Summary

We have one active, on-chain vote (see below), and several interesting discussions taking place.

Of note: A while back Uniswap protocol received $1m in $OP from the Optimism Foundation “to incentivize future growth within the Optimism ecosystem,” as @devinwalsh writes.

:speaking_head: See Devin’s post and provide feedback on how the liquidity mining portion of the grant (80%) should be structured.

Proposals

Proposal discussions:

Temperature checks:

  • None active this week

Consensus checks:

  • None active this week

On-chain votes:

  • Deploy Uniswap V3 on zkSync (2.25). Franklin DAO is partnering with Matter Labs to put forward this proposal to deploy Uniswap V3 on zkSync “to support Uniswap’s multichain mission and expand cross-chain experiences.”

:speaking_head: Voting for the above proposal ends on October 14.

In the Forums

Three interesting questions for the community from @UniSwapVibes.

In Discord

Here’s to trying to get a better understanding of Uniswap governance.

Check out the Question of the Day.

:speaking_head: Check-in on the governance channel to see what’s being discussed.

On Twitter

“In DeFi we want to remove these inequalities and barriers to entry to create fairer markets for everyone,” says @Uniswap Labs.

The history and evolution of Uniswap V3.

New Uniswap Content Manager! @frogmonkee.

Two hackathons in Bogatá sponsored by the Uniswap Foundation.

License exemption to deploy Uniswap v3 to Aurora? A question for governance, discussed during the community call.

Talent partner: Uniswap Labs will be a @BanklessHQ talent partner for Q4.

Community Calls

Community calls are held every other Wednesday at 8PM GMT, in Discord. The next one is on October 19.

:speaking_head: Check out all the other events happening in Uniswap Discord. There were several this past week, and there are several coming up.

Quick Gov Links: Working Constitution | Operating Manual v0.2 | Proposal template | Delegates | Snapshot | Optimism on Boardroom

2 Likes

Week of October 10, 2022

Summary

There were some major updates from the Uniswap Foundation this week, including the announcement of a $165m Series B raise and a refreshed web app (and Help Center). Hurray!

The proposal to deploy Uniswap V3 on zkSync passed, and we’ve got consensus on paths forward for the Optimism-Uniswap liquidity mining program.

Proposals

Snapshot votes:

  • Optimism-Uniswap Protocol LM Program: Pool selection.This Snapshot poll ended this morning with 96% voting for the WETH/USDC & WETH/DAI pools.
  • Optimism-Uniswap Protocol LM Program: Structure. This Snapshot poll ended with 96% voting for a three-phase deployment. (Note the recent clarifying post from @devinwalsh.)

On-chain votes:

  • Deploy Uniswap V3 on zkSync (2.25). This proposal succeeded with nearly 100% voting “for” and has been executed.

In the Forums

Fee switch thoughts: @logart123 thinks “we need to align the interests of UNI hodlers and LP’s and at the same time increase demand for the token,” and shares their ideas about how.

Delegate platform update, from FranklinDAO (@pennblockchain).

In Discord

A reminder to delegate your UNI, to yourself or others, if you want to participate in governance.

:speaking_head: What’s the question of the day?

On Twitter

Check out all the Uniswap events (hosted in Discord).

Uniswap Foundation raises $165m in Series B.

Here’s a Twitter space on the refreshed Uniswap web app.

Governance Calls

Community calls are held every other Wednesday at 8PM GMT, in Discord. The next one is on October 19, 8PM GMT.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

3 Likes

Week of October 17, 2002

Summary

It’s been a pretty quiet week on the governance front — except for that Binance thing.

Proposals

  • Optimism-Uniswap Protocol LM Program: Pool selection.This Snapshot poll ended last week with 96% voting for the WETH/USDC, WETH/DAI, USDC/DAI pools.
  • Optimism-Uniswap Protocol LM Program: Structure. This Snapshot poll ended last week with 96% voting for a three-phase deployment.

See the forum discussion for both of these Snapshots.

In the Forums

It’s kinda quiet around here. :eyes:

In Discord

:speaking_head: What’s the question of the day?

On Twitter

:speaking_head: Take this user research survey, conducted by @GFXlabs, which is creating a pro user interface for Uniswap.

Binance delegated 13m UNI to itself when it moved the tokens between wallets, prompting some interesting governance questions.

Community Analytics — Bounty #18 winners announced.

Developing the Uniswap web app, a Twitter Space.

Calls

:speaking_head: Introduction to Uniswap V3 on Friday, October 28 4pm GMT.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

3 Likes

Week of October 24, 2022

Summary

Happy Halloween! :ghost:

:speaking_head: It’s survey season! Take them all to help form the future: Here’s one about creating a pro user interface, one about the Fee Switch, one about governance participation, and one for testing a DAO proposal feed.

Proposals

Nothing active this week.

In the Forums

Incentivizing liquidity on Optimism and Arbitrum. @devenmatthews wonders if the old conversation has continued elsewhere.

Uniswap pro trading interface. @GFXLabs is still doing user research for this — fill out the survey!

More user research: @SamB23 from Alastor asks Uniswap LPs to fill out a survey for a report on the Fee Switch (funded by a Uniswap grant).

In Discord

There’s a vote planned for November / December on the three test pools for fee sharing on Uniswap V3.

Take the survey to beta-test Holdim, a feed for DAO proposals.

And take this survey on governance participation from Harvard/Abra, which is “aimed in the long run to introduce novel ‘hive mind’ mechanisms.”

Anon forums. How would they affect the quality of discussion?

On Twitter

Uniswap V3 TWAP Oracles in Proof of Stake, a research piece from Uniswap Labs.

Optimism-Uniswap liquidity mining: Phase 1 of the recently approved incentive program is live.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

2 Likes

Week of October 31, 2022

Summary

:tada: Happy Birthday Uniswap! Four years old on November 2. Amazing.

Proposals

None active this week.

In the Forums

Not much happening here.

In Discord

#general is pretty active. But #governance is kinda quiet.

On Twitter

Uniswap Labs has been quietly building. @haydenzadams says “shipping season” will start soon!

Not your keys, not your crypto — Uniswap Labs thread.

Building for community. A Uniswap Labs Twitter Space.

Community Calls

Meet Maggie Valentine, Designer at Uniswap Labs: Nov 7 16:00 UTC.

Lunch & Learn: JIT Liquidity: November 9, 17:00 UTC.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

2 Likes

Week of November 7, 2022

Summary

Say it with me. ‘DeFi’.”

Proposals

None active this week.

In the Forums

Still quiet.

In Discord

:speaking_head: Keep your eye on the new #events channel.

On Twitter

“Self-custody. That’s it. That’s the tweet,” from @Uniswap Labs.

Governance Calls

:speaking_head: The next Uniswap Community Call is November 16 at 19:00 UCT.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

Week of November 14, 2022

Summary

Check out Alastor’s fee switch report noted below. A vote on the fee switch could be forthcoming in early December.

Proposals

Snapshot proposals:

  • [Temperature Check] Deploy Uniswap V3 to Boba Network. This proposal passed on November 17 with nearly 100% voting “yes.” It was intended to determine community sentiment regarding the idea of deploying Uniswap V3 on Boba Network — as the title indicates. Boba is a multi-chain L2 already deployed on Ethereum, Avalanche, BNB, and Moonbeam, and utilizes something called Hybrid Compute, which allows “developers and creators to leverage off-chain compute and real-world data.”

Proposal Discussion:

  • pUniswap - A Privacy Layer for Uniswap. @privacymind from the Incognito team proposes “a solution for Uniswap’s privacy and liquidity fragmentation…problems.”

In the Forums

Fee switch research: @Stastny from Alastor provides their grant-funded report regarding potential fee switch implementation.

Delegate platform update. @teemulau provides the latest on their voting decisions.

On Twitter

Doubling DAOn: Why Decentralization Matters. A Twitter Spaces event with the Uniswap Foundation, Gnosis, and Metamask Institutional.

Wish List. The Uniswap Foundation’s initial wish list for grants.

Here’s a Space on Alastor’s fee switch report (see above).

Why DeFi and decentralization matter — Hayden recalls what he said 18 months ago.

“DeFi protocols like Uniswap will do for internet finance what email protocols did for internet comms.”

Community Calls

:speaking_head: Introduction to Uniswap V3 coming up tomorrow in Discord. November 22, 18:00 UTC.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

Week of November 21, 2022

Summary

There’s been increased activity — and some important reflection on Uniswap governance processes.

Proposals

[RFC]: Community Governance Process Changes. @devinwalsh from the Uniswap Foundation restarts a conversation about adjusting the Uniswap governance process, primarily to “reduce overhead” and “enhance off-chain signaling.” The main changes are: replace the first Snapshot poll (a temp-check, as below for example) with a request-for-comment (RFC) post in the forum (such as this very one); and increase the quorum to 5M UNI for the remaining Snapshot (the “consensus check”). The intention to formalize a process for future changes to off-chain governance components is also expressed. A Snapshot for this proposal will be posted on December 12.

:speaking_head: Leave your comments on the proposed process changes.

[Temperature Check]: Deploy Uniswap V3 on Scroll. This proposal to deploy on Scroll, a “native zkEVM Layer 2 solution for Ethereum,” was just posted to the forums this morning. The Snapshot is set to go live on December 1.

[Temperature Check]: Fix the Cross Chain Messaging Bridge on Arbitrum. Uniswap deployments on chains other than Ethereum do not have native access on-chain Uniswap governance, meaning that governance decisions must passed along from Ethereum to other chains via a messaging system. With this proposal, @bharat_eth suggests a fix for the currently “mis-configured” method of cross-chain communication with Uniswap’s Arbitrum deployment.

[Consensus Check]: Deploy Uniswap V3 to Boba Network. This proposal passed on November 24 with 78% voting in favor. In their considered dissent, @GFXlabs suggest that it might be time “to set up a framework/checklist for future Uniswap v3 deployments” to make sure upsides and downsides are fully taken into account by the community.

In the Forums

Delegate platforms. @mhonkasalo updates their voting record, as does FranklinDAO (@pennblockchain).

In Discord

Introduce yourself!

When and how did you get into web3?

On Twitter

Let’s play a game, with Uniswap Labs and @Wordcelllabs.

A quick summary of Uniswap governance this past week.

Did you know there’s a Uniswap governance bot?

Community Calls

:speaking_head: The next Community Call is on Wednesday, November 30, at 21:00 UTC.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

1 Like

我们非常支持这一项提案,非常有必要部署Scroll,UNI万岁!

good job, Scroll && UNI

good project cool Scroll && UNI

good project, Scroll && UNI

Week of November 28, 2022

Summary

Several important discussions happening in the Uniswap community this week, including those having to do with the “fee switch” and governance process changes. See more on both below.

Proposals

[RFC]. Community Governance Process Changes. This important discussion continues.

[Temperature Check]: Deploy Uniswap V3 on Scroll. This proposal passed on December 4 with 74% voting “Yes.”

[Consensus Check]: Fix the Cross Chain Messaging Bridge on Arbitrum. This proposal passed on December 3 with 100% voting “Yes.”

In the Forums

Fee Switch pilot update. @Leighton and @guil-lambert lay out their proposal, which could go up for a vote within the next two weeks.

Delegate platform. FranklinDAO (@pennblockchain) updates their voting record, including rationales.

Uniswap Risk DAO. @RevoGames begins discussion on the creation of one.

On Twitter

Fee Switch considerations. The Uniswap Foundation tweets about things to consider, with legal and regulatory issues attended to in a Mirror post.

Happy birthday beacon chain!

Community Calls

:speaking_head: Keep your eye on the events section in Discord for details on the next community call — and lots of other interesting calls that may or may not be related to governance.

Quick Gov Links: Governance explainer | Uniswap forums | Snapshot | On-chain proposals | Twitter governance bot | Discord governance channel | Uniswap on Boardroom

2 Likes