[Temp Check] - Return 12.5M Delegated Tokens to the Governance Timelock

We fully agree with this assessment. It is not entirely accurate to say that the quorum issue has been resolved. Following UNIfication and DUNI, the only proposals that have successfully reached quorum are those promoted by Labs or the Foundation. This suggests that the necessary conditions have been created for certain investors to participate without fear of legal consequences; however, this increase in quorum has not extended to proposals driven by delegates or third parties.

In fact, none of those proposals have reached quorum, and many have not even made it to a vote for that very reason. A quick look at the Uniswap voting portal, where only two proposals have been approved so far this year, clearly indicates that the DAO is still facing a significant participation problem. From the Uniswap core team’s perspective, this is likely not a problem, since votes seem assured when they’re needed, but from the standpoint of healthy governance, the situation is critical. For that reason, we have abstained on this proposal.