Proposal: Supporting Tally’s Development and Enhancements for Uniswap DAO Governance (Onchain)
Vote: Against
Rationale: In the Snapshot voting opportunity, we voted in favor on the grounds that Tally is a key infrastructure for various decentralized governance, including Uniswap, and that the proposed improvements will enhance the experience in the exercise of governance, so we generally considered that the proposal was positive and that Uniswap should support Tally. But we raised some important concerns that we understood should be addressed when submitted to the onchain vote, which unfortunately did not happen, so we voted against on this occasion.
We understand that the final proposal has serious deficiencies that prevent us from supporting it:
- Although requested by @Tane, no breakdown was provided of the required budgeted costs in general and for each functionality (number of assigned personnel, assigned man-hours, expenses, etc.).
- The KPIs established in the proposal are unclear and imprecise and do not establish milestones or delivery dates for new features, which will prevent the DAO and UAC from accurately tracking compliance prior to authorizing payments, which we fear will result in UniswapDAO effectively making automatic payments without verifying compliance with milestones or specific objectives.
- The proposed new features, as indicated by the proponent, will not be exclusive to Uniswap, but will be general features to be used by other DAOs and governance, which we do not see as questionable, but the proposal does not clarify whether the funding required from Uniswap is the full funding of its development or whether Tally will have other funding, and if so who and which other DAO will also fund it. It would be unreasonable for Uniswap alone to fund the development of tools for the benefit of Tally that will be used by other governances. However, since it has not been clarified what the total cost of development is and what other funding besides Uniswap they will receive for it, it is impossible for us to know what the situation is in this regard.
- Are the proposed new features real UniswapDAO needs that justify DAO funding for their development? The need for all these new tools has not been discussed in the DAO, which we understand is a necessary step before funding their development.
Therefore, we request the proponent @dennisonb to reformulate the proposal, to clarify and detail the issues raised. If that happens, we will certainly support a proposal to support Tally from Uniswap.
And in the event that the proposal is approved, we strongly urge the UAC -CC: @AbdullahUmar- to be extremely diligent in analyzing quarterly reports, reporting KPIs and approving payments.