We are pleased to learn that there is a sufficient amount of UNI delegated to allow a vote to now pass. Additionally, Dharma is now the #1 delegate in terms of UNI and, with 15.4M UNI of backing, are able to deploy the first proposal as we please.
The delegate distribution, however, is fairly concentrated amongst the top 3 delegates: Dharma, Gauntlet, and Univalent.
Before we go and bring the proposal to a vote, we want to invite our colleagues at Gauntlet and Univalent to air any blocking concerns with this proposal in this thread. We’d rather surface and address concerns in the open before the vote is started. @tarun @andre.cronje
Context
The following links, in sequence, will give you the background, community discussion, and process we’ve undertaken around the proposal thus far:
- Why: Retroactive Airdrop Excludes Proxy Contract Users (e.g. Dharma, Matcha, etc.)
- How: Application For Retroactive Proxy Contract Airdrop [For Projects / Apps]
- Code: https://github.com/dharmaprotocol/excluded-uni-airdrop-users
Why “Yes” On Phase 1
- The spirit of the airdrop: It’s very clear that the intention of the airdrop was to retroactively reward early users of Uniswap with financial upside and skin-in-the-game in Uniswap’s future. The omission of users who interacted with Uniswap via proxy contract interfaces — many of whom were simply not comfortable with the technical hurdle of using Metamask — seems incongruous with this intention
- Precedent for developer-friendliness: Seamless composability is a core competence & value-prop for Uniswap — it is very much in the interest of UNI holders to have more and more interfaces and money legos built on top of Uniswap. Excluding the users of products that took entrepreneurial bets building on Uniswap sets a sour precedent for the very builders Uniswap ought to court in the future. As I’ve previously written: the status quo has unfortunately punished our users and eroded our reputation with them — future builders will heed the signal and precedent set by how the Uniswap community addresses this. Rectifying this omission will send the exact opposite, powerful precedent: Uniswap is a community that rewards builders & risk-takers.
- Process rigor & community will: We have conducted the entire process of soliciting community discussion, compiling lists of affected user addresses, and verifying said addresses with maximal transparency. We’ve given ample room for the community to provide feedback, and a cursory read of the above threads will attest to our belief that the broad majority of the community is supportive of, at the very least, Phase 1.