While we voted in favor of a second cycle of this program, GFX will be hesitant to support this program for a third cycle unless we see reforms. We initially voted for the first cycle, admitting it was a far from perfect program, but in light of no other real options, we decided it was better than nothing. However, this sort of thinking can’t go on forever.
During the early voting process of cycle one, we tried to bring in the folks at Gov Score and Karma to develop a more robust program. While the timing didn’t work out, we should revisit bringing in one of these programs or perhaps seeding our own if one is not presented so we can work toward refining this program.
High-quality delegate participation is critical to the success of the DAO. We should strive to improve this program with each new cycle to drive the outcomes we all want to see in Uniswap.
While @Userisky’s suggestion of delegates holding 5K UNI might have some sub-optimal short-term side effects, we can see how something like that could have long-term positive effects for the DAO. As a DAO, we should be encouraging more suggestions like these.