Proposal: [RFC] Deploy Uniswap V3 on Sonic (formerly Fantom)
After reviewing the YJN21’s proposal and the feedback from other delegates, I am voting FOR the proposal.
Value Proposition:
- New chain onboarded, backed by a team with a proven track record.
- $500k in matching incentives offered (1:2 ratio).
Rationale:
I am always supportive of onboarding new chains, provided they have a proven track record of driving real organic adoption. Additionally, Andre has publicly committed to building on top of V4 whenever it is released. There is sufficient data to support the case for this chain.
On a related note, I have a general concern regarding the DAO’s approach to new chains:
We have observed that DAO-supported interfaces often fail to effectively drive organic traffic. This is a significant issue, and we need to investigate why this is happening. It is crucial to implement changes that enable us to effectively attract traffic without relying solely on incentives.