L2BEAT Delegate Platform

Intro

Firstly, allow us to introduce ourselves for anyone who isn’t already familiar with L2BEAT.

L2BEAT is an independent, public goods company who acts as an impartial watchdog for the Ethereum Layer2 ecosystem. Our mission is to provide comprehensive and unbiased analysis and comparative evaluations of Layer 2 solutions . We are committed to the verification and fact-checking of the claims made by each project, with a special focus on the security aspects. What sets L2BEAT apart is our unwavering commitment to delivering accurate and reliable information.

In addition, L2BEAT has a governance team (@Kaereste and @Sinkas) which actively participates in constructive discussions of specific protocol challenges and issues, fostering the discourse toward increasingly permissionless, open source, and trustless systems. Our participation in various DAOs and public debates reflects this commitment.

If you want more information on L2BEAT and our participation in Uniswap’s Governance, or if you want to delegate your UNI to L2BEAT, please refer to our delegate statement on Agora.

Delegate Communication Thread

To promote transparency and communication as delegates, we’ll be regularly updating the below thread with our actions in the governance of Uniswap. Our updates will include how we voted for different proposals and our rationale.

Update #1

Voting

[Tally] Deploy Uniswap v3 on Base

Due to some technical issues on our end, we were unable to cast our vote. However, we signalled our support in the forums.

[Tally] Deploy Uniswap v3 on Linea - Voted FOR

We voted in favour of the proposal as we’re very supportive of Ethereum L2s and we believe that i’s important to deploy one instance of Uniswap per L2.

[Snapshot] Deploy Uniswap v3 on Scroll - Voted FOR

As with the votes for Base and Linea, we also voted in favour of deploying Uniswap v3 on Scroll for the same reasons.

[Tally] Deploy Uniswap v3 on Scroll - Voted FOR

Following a successful temp-check, we also voted in favour of the proposal during the on-chain vote.

[Snapshot] Migrate the Celo Uniswap v3 Factory Contract owner from Optics to Wormhole - Voted FOR

We voted for the proposal as it was in line with the recommendations of the Uniswap Foundation found in the Bridge Assessment Report.

[Tally] Migrate the Celo Uniswap v3 Factory Contract owner from Optics to Wormhole - Voted FOR

We also voted in favour of the proposal in the subsequent on-chain vote.

[Snapshot] Deploy Uniswap v2 on all chains with v3 - Voted FOR

After weighing the pros against the cons of such a decision, we decided to vote in favour of the proposal. You can see our full rationale here.

[Tally] Deploy Uniswap v3 on Filecoin Virtual Machine - Voted FOR

We voted in favour of the proposal for the same reasons we’ve voted inf avour of deploying on Base, Linea and Scroll, even though FVM isn’t a layer 2.

[Snapshot] Complete the initial funding of the UF - Voted FOR

The vote was about the second tranche of the funding to be received from the UF which had been approved in the past. There was a buffer amount added to the proposal which made sense given capital or procedural losses the Foundation incurred in the first tranche.

[Tally] Complete the initial funding of the UF

Unfortunately, due to technical issues, we were unable to vote for the proposal during the on-chain vote.

[Snapshot] UAGP Team Election

We participated in the elections of members for the UNI-ARB Grant Program.

[Snapshot] UADP Team Election

We participated in the elections of members for the UNI-ARB Delegation Program.

[Snapshot] Issue a Visa Card with Uniswap Logo - Voted AGAINST

Since the IP for Uniswap’s logo belongs to Uniswap Labs and not the DAO, we are not in a position to use it without permission from the Labs. Therefore we decided to vote against the proposal.

[Snapshot] Invest in Ekubo Protocol - Voted AGAINST

After reviewing the proposal, we decided to vote against it. Our full rationale can be found here.

[Snapshot] Delegation of UNI to Active but Underrepresented Delegates - Voted FOR

After participating in the discussion and having our questions answered, we decided to vote in favour of the proposal.

[Snapshot] Competition of Delegation of UNI to Active but Underrepresented Delegates

Following the successful vote for the proposal to delegate UNI to active but underrepresented delegates, we participated in the election of delegates who would receive the delegation.

L2BEAT’s Uniswap Office Hours

To further our communication with our constituents and any interested party in the community, we’ll be hosting recurring Office Hours on Google Meets.

The office hours will be held every Friday at 4pm UTC/ 11am EST

During the Office Hours, you will be able to reach L2BEAT’s governance team, which consists of Kaereste (Krzysztof Urbanski) and Sinkas (Anastassis Oikonomopoulos) and discuss our activity as delegates.

The purpose of the office hours is to gather feedback from the people who have delegated to us, answer any questions in regards to our voting activities and rationale, and collect input on things you’d like us engage in discussions about.

You can add the L2BEAT Governance Calendar in your Google Calendar to find the respective Google Meets links for every call and to easily keep track of the Office Hours, as well as other important calls and events (e.g. voting deadlines) relevant to Uniswap that L2BEAT governance team will be attending or hosting.

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Update for the time period between December 2023 and April 2024:

Voting

[Tally] Deploy Uniswap V3 on Rootstock - Voted FOR

While we didn’t cast our vote in time during the temp-check, we signaled our support for the proposal in the forum and later voted in the proposal’s favor during the on-chain vote.

[Tally] Lower Onchain Proposal Threshold - Voted FOR

As with the vote above, we didn’t vote during the temp-check, but we signaled our support in the forums. We then voted for the proposal during the on-chain vote.

[Snapshot] Uniswap Deployments Accountability Committee Competition - Voted for Abdullah Umar

We participated in the elections for the members of the UDAC and threw our full voting power behind @AbdullahUmar.

[Snapshot] Uniswap Revitalization and Growth

Following the proposal to create onboarding packages for different chains, we cast our votes for how big the package for each chain should be. There were 10 individual votes on Snapshot. Although we didn’t share a rationale behind each choice, we did participate in the discussion to raise the point that we’d like to see a post-implementation analysis.

Following the Snapshot votes, the proposal went to on-chain vote where we voted in its favor.

[Snapshot] Deploy Uniswap v3 on Zora - Voted FOR

As with similar votes in the past, we voted in favor of the proposal.

[Tally] Deploy Uniswap V2 on all chains with V3 - Voted FOR

We have been in favor of this proposal ever since the temp check, so it was natural for us to vote in favor of the proposal during the on-chain vote as well.

[Snapshot] Activate Uniswap Protocol Governance - Voted FOR

We voted in favor of the proposal during temp check while also expressing our need to resolve the discussion around the setOwner() function before going to an on-chain vote.

[Snapshot] Uniswap V3 Fees: Factory Owner Amendment - Voted AGAINST

After following the discussion closely, we decided to vote against the proposal as we believed there was no concrete argument for forcing the amendment other than the need to further discuss the implementation of the ‘Activate Uniswap Protocol Governance’ proposal.

[Snapshot] Mobilizing Uniswap’s Treasury - Voted FOR

We voted in favor of the proposal during the temp check as treasury management is of vital importance and having a dedicated working group for it seems like the way to go.

L2BEAT’s Uniswap Office Hours

We want to remind everyone that every week, we’re hosting Uniswap Office Hours on Google Meets.

The office hours will be held every Friday at 3 pm UTC/ 11 am EST

During Office Hours, you will be able to reach L2BEAT’s governance team, which consists of Kaereste (Krzysztof Urbanski) and Sinkas (Anastassis Oikonomopoulos), and discuss our activity as delegates.

The purpose of the office hours is to gather feedback from the people who have delegated to us, answer any questions in regard to our voting activities and rationale, and collect input on things you’d like us to engage in discussions about.

You can add the L2BEAT Governance Calendar in your Google Calendar to find the respective Google Meets links for every call and to easily keep track of the Office Hours, as well as other important calls and events (e.g. voting deadlines) relevant to Uniswap that L2BEAT governance team will be attending or hosting.

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