SEEDGov Delegate Platform

[SEEDGov]

Proposal: BoB Uniswap v3 Incentives Package (Onchain)

Vote: For

Rationale: We voted in favor of this proposal based on the same reasoning we provided when voting on Snapshot. While we do have some concerns due to BOB being a new network with low TVL, we see in this case a strong potential in its value proposition and believe the incentive match is appropriate.

Below, we quote the rationale from our Snapshot vote, as we maintain the position expressed there::

@SEEDGov

We support this proposal, as BOB has prioritized Uniswap as the canonical DEX in its ecosystem, a type of alignment we consider particularly valuable and beneficial for the protocol. We recognize that BOB is a new L2, which brings inherent risks, such as the potential for incentives to drive short-term activity without long-term impact. However, given the growth of BTC DeFi and BOB’s positioning as the leading EVM L2 for BTC for BTC LSTs, we see strong potential in this chain. In this context, allocating incentives here appears to be a real opportunity to drive meaningful growth for both BOB and Uniswap within the network. We also view BOB’s $500k incentive matching commitment over the next six months very positively, especially as it exceeds the amount requested from Uniswap.