I’m Erin from Avantgarde Finance. We have done the majority of the dev work on Enzyme Finance, where among other things we have built integrations that allow Enzyme vault managers to trade and provide liquidity on both v2 and v3 of Uniswap. We are generally supportive of this proposal and the precedent it sets.
The Business Source License was implemented in Uniswap v3 to protect the Core codebase and allow for the Uniswap community to build an ecosystem around it (according to the blog post anyway, we weren’t in the strategy conversations) without having to fend off another vampire attack. Importantly, the post goes on to mention that “Uniswap governance can … grant exemptions to the license at any time…”.
In our opinion, we should not interpret the protection this license confers not as “no one can build on the core codebase except Uniswap Labs” but rather “no one can build on the Core codebase except members of the Uniswap community as decided by Uniswap governance”.
Granting the Uniswap treasury a meaningful portion of the Voltz token supply provides at the very least an economic alignment of the two protocols that we think is a meaningful signal that Voltz fits the bill as a community member. And given that
Voltz Protocol will be managed by the VoltzDAO
the grant presumably enables Uniswap to have a say in how Voltz grows. That said, we’d be interested to know what governance mechanisms you’ll be using @simonj?