[RFC] Principles for Uniswap DAO

As I mentioned in my thread https://gov.uniswap.org/t/ignas-delegate-platform/24674?u=ignas, I’m all for initiatives that makes governance more decentralized, neutral, transparent, and resistant to manipulation. This is key to the protocol’s long-term sustainability in DeFi. So, definitely a “yes” from me :slight_smile:

Other delegates such as Seedgov, Jengajojo,… added great suggestions. Looking forward to seeing it applied!

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We support this proposal, you can read our rationale in our delegation thread:

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Blockworks Advisory is voting FOR this proposal.

We have observed similar proposals in other DAOs and believe this initiative will add value to the community. It establishes a code of ethics for delegates, serving as a guiding principle much like a north star aligns delegates with shared objectives. However, we would like to stress the importance of incorporating some form of binding or enforcement mechanism for these principles in the future. Without such measures, their impact may remain limited. That said, introducing enforceable elements would require significant expansion and clearer definition of the framework.

While these principles are intended to occupy a space between a full constitution and a code of conduct, we question the need for this cautious approach. What’s the point of having a set of ethics that delegates can simply choose to opt into? Such an arrangement feels inherently counterintuitive.

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The following reflects the views of L2BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.

We unfortunately missed the voting deadline and were unable to cast our vote. Nevertheless, we wanted to comment to still signal our support for putting forward some principles that participants in the DAO are expected to adhere to.

As others have already pointed out, enforcement of such principles might be hard in practice, but in our eyes, it’s more of a social agreement that sets some expectations - and that’s enough.

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Attention delegates: the on-chain vote for the Principles will begin on January 11.

Tally link

The on-chain vote will establish the text of the Principles under the uniswap.eth ENS name, recorded under the Uniswap DAO Principles key. The text of the Principles remains unchanged from the Temperature Check.

There are at least two good reasons for confirming the Principles through an on-chain vote:

  1. Following to governance process: this follows the Uniswap DAO governance process as described in this forum and the Principles themselves, which stress the importance of maintaining on-chain records.
  2. Demonstrating broad support: reaching the on-chain quorum is significantly more challenging than passing a snapshot vote. Achieving the 40M quorum votes will show that the Principles have broad support among delegates, which is crucial for their adoption.
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The following reflects the views of L2BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.

We’re voting FOR the proposal.

Although we did not cast our vote in time during temp-check, we were supportive of the proposal and, since there have been no changes, we’re voting in its favor during the onchain vote.