# \[Temperature Check\] - Activate Uniswap Protocol Governance

**URL:** <https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936>\
**Category:** Governance-Meta\
**Created:** [February 23, 2024, 2:00pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936 "2024-02-23T14:00:11Z")\
**Posts on this page:** 17\
**Page:** 8

<div class="post-metadata">

**Author:** ![Herees](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/herees/32/8050_2.png) [@Herees](https://gov.uniswap.org/u/Herees)\
**Post date:** [August 13, 2024, 4:33am UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/146 "2024-08-13T04:33:41Z")

</div>

TDLr; a16z who is a large UNI holder has the attention of the SEC in its relation to Uniswap Labs.

Source:

[https://www.msn.com/en-us/money/savingandinvesting/the-sec-has-questions-for-vcs-about-uniswap/ar-AA1oF5EA?ocid=finance-verthp-feeds](https://www.msn.com/en-us/money/savingandinvesting/the-sec-has-questions-for-vcs-about-uniswap/ar-AA1oF5EA?ocid=finance-verthp-feeds)

[https://www.axios.com/2024/08/12/sec-questions-vcs-uniswap](https://www.axios.com/2024/08/12/sec-questions-vcs-uniswap)

Additionally:

a16z is worried about turning on the fee switch that would make UNI look more like a security. So is proposing alternative experimentation that is more decentralised, and governance minimized.

Source:

[https://a16zcrypto.com/posts/article/application-tokens-economic-model-cash-flows/](https://a16zcrypto.com/posts/article/application-tokens-economic-model-cash-flows/)

The combination of the above and the twitter post by Dan Robinson points towards a16z stoping this proposal. It has just taken months for the slow drip of information to come out. It is unfortunate that the Uniswap Foundation @eek637 @devinwalsh could not state this clearly to the community. Especially after having spent six figure + USD of UNI token for audits and development of a v3 fee switch soultion.

 ![Screenshot_20240812-222244_(1)](https://us1.discourse-cdn.com/flex016/uploads/uniswap1/original/2X/5/5d33a040a030e27369d7e418c7127ffd5fd79b18.jpeg)

---

<div class="post-metadata">

**Author:** ![mtndrew](https://avatars.discourse-cdn.com/v4/letter/m/f6c823/32.png) [@mtndrew](https://gov.uniswap.org/u/mtndrew)\
**Post date:** [August 16, 2024, 3:41pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/147 "2024-08-16T15:41:33Z")

</div>

I’m looking at Section 11 of the A16Z article.  
[https://a16zcrypto.com/posts/article/application-tokens-economic-model-cash-flows/#section--11](https://a16zcrypto.com/posts/article/application-tokens-economic-model-cash-flows/#section--11)

It sounds like A16Z is suggesting to only charge fees on interactions originated through front end UIs. Which, to me, would mean that anyone interacting with the smart contracts directly would not be paying any fees.

Am I interpreting that correctly?

---

<div class="post-metadata">

**Author:** ![pp817](https://avatars.discourse-cdn.com/v4/letter/p/9fc29f/32.png) [@pp817](https://gov.uniswap.org/u/pp817)\
**Post date:** [August 17, 2024, 6:29am UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/148 "2024-08-17T06:29:08Z")

</div>

Could someone please let me know if the proposal has been approved and if it has been implemented? I would greatly appreciate any updates on its status.

---

<div class="post-metadata">

**Author:** ![pp817](https://avatars.discourse-cdn.com/v4/letter/p/9fc29f/32.png) [@pp817](https://gov.uniswap.org/u/pp817)\
**Post date:** [August 17, 2024, 6:37am UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/149 "2024-08-17T06:37:37Z")

</div>

I see that the latest updates on this proposal are available on the Uniswap Foundation’s Twitter account. Thank you for keeping us informed.

---

<div class="post-metadata">

**Author:** ![mtndrew](https://avatars.discourse-cdn.com/v4/letter/m/f6c823/32.png) [@mtndrew](https://gov.uniswap.org/u/mtndrew)\
**Post date:** [August 29, 2024, 1:37pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/150 "2024-08-29T13:37:13Z")

</div>

Ok so Ross Shuel clarifies this in the replies to his thread on this article.

[https://x.com/0xShuel/status/1821722917538820601](https://x.com/0xShuel/status/1821722917538820601)

All the fees collected would be at the protocol level - meaning even sophisticated users interacting with Uniswap through their own front end would still be paying fees, as it should be.

So my understanding is that all front ends are subject to the same protocol-level fee. All those fees are then effectively pooled together first and then distributed to the various staking pools on a stake-weighted basis.

These various staking pools all correspond directly to a single front end UI. Some front ends will not be available to certain jurisdictions. If, for regulatory reasons, a UNI staker cannot stake to 100% of these pools, they will not earn 100% of the protocol fees they are theoretically entitled to.

While this design proposed by a16z is just an inferior bandaid solution to token value accrual, made in response to a severe lack of regulatory guidance and a history of regulation-by-enforcement in the US, it is a good idea to try, in my opinion. Until regulations change, some value accrual is better than none. As usual, US retail participants will surely be disadvantaged. Hopefully some 3rd party solutions can emerge that allow everyone to have 100% staking pool exposure.

---

<div class="post-metadata">

**Author:** ![vsi624](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/vsi624/32/5916_2.png) [@vsi624](https://gov.uniswap.org/u/vsi624)\
**Post date:** [September 4, 2024, 8:53am UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/151 "2024-09-04T08:53:36Z")

</div>

首先有华人社区群吗？其次，针对于UNI质押分红的提案，现在进行到哪一步了？为什么迟迟没有上线了？

---

<div class="post-metadata">

**Author:** ![0xeden](https://avatars.discourse-cdn.com/v4/letter/0/b5a626/32.png) [@0xeden](https://gov.uniswap.org/u/0xeden)\
**Post date:** [September 20, 2024, 10:12am UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/152 "2024-09-20T10:12:19Z")

</div>

I think the protocol fees should be collected at the protocol level rather than the front end.

What if instead we add the requirement that in order to collect fees from the protocol you need to also provide liquidity? This would also ensure that ensure that people collecting revenue are also providing back to the protocol. Maybe it could work like a “boosted” pool.

---

<div class="post-metadata">

**Author:** ![Wild](https://avatars.discourse-cdn.com/v4/letter/w/9de0a6/32.png) [@Wild](https://gov.uniswap.org/u/Wild)\
**Post date:** [September 25, 2024, 5:06pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/153 "2024-09-25T17:06:24Z")

</div>

I don’t think providing liquidity should be a requirement. I think keeping it simple is best. I’ve seen some other newer dex that just have people stake their tokens and they get protocol fees. Anything like that to stay competitive.

---

<div class="post-metadata">

**Author:** ![VKong](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/vkong/32/8831_2.png) [@VKong](https://gov.uniswap.org/u/VKong)\
**Post date:** [November 11, 2024, 9:05pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/154 "2024-11-11T21:05:00Z")

</div>

As the SEC’s decision-making level is facing replacement, is there any latest progress on our proposal?

---

<div class="post-metadata">

**Author:** ![cp0x](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/cp0x/32/8774_2.png) [@cp0x](https://gov.uniswap.org/u/cp0x)\
**Post date:** [November 12, 2024, 3:20pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/155 "2024-11-12T15:20:22Z")

</div>

The SEC chief can’t be fired by the president until 2026, so it’s too early to talk about it

---

<div class="post-metadata">

**Author:** ![Wild](https://avatars.discourse-cdn.com/v4/letter/w/9de0a6/32.png) [@Wild](https://gov.uniswap.org/u/Wild)\
**Post date:** [January 16, 2025, 6:32pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/156 "2025-01-16T18:32:31Z")

</div>

Gary is leaving the SEC on the 20th. does anyone know if there has been any movement for this?

---

<div class="post-metadata">

**Author:** ![drllau\_LexDAO](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/drllau_lexdao/32/8871_2.png) [@drllau\_LexDAO](https://gov.uniswap.org/u/drllau_LexDAO)\
**Post date:** [January 23, 2025, 5:36am UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/157 "2025-01-23T05:36:51Z")

</div>

Pierce (of the sufficiently [decentralised](https://www.sec.gov/newsroom/speeches-statements/peirce-remarks-blockress-2020-02-06) test) is heading a [taskforce](https://www.banklesstimes.com/articles/2025/01/21/sec-unveils-crypto-2-0-task-force-under-acting-chairman-uyeda/). Hopefully they’d resolve the CFTC-SEC turf fight but then, does immunity from criminal matters avoid [ethics](https://www.oge.gov/web/oge.nsf/about_ethics-legislation) investigations … ?

---

<div class="post-metadata">

**Author:** ![Michael\_O](https://avatars.discourse-cdn.com/v4/letter/m/58f4c7/32.png) [@Michael\_O](https://gov.uniswap.org/u/Michael_O)\
**Post date:** [February 11, 2025, 7:10pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/158 "2025-02-11T19:10:23Z")

</div>

Any update on this, would love to know

---

<div class="post-metadata">

**Author:** ![Michael\_O](https://avatars.discourse-cdn.com/v4/letter/m/58f4c7/32.png) [@Michael\_O](https://gov.uniswap.org/u/Michael_O)\
**Post date:** [February 11, 2025, 7:16pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/159 "2025-02-11T19:16:17Z")

</div>

New SEC and CFTC are much more friendly

---

<div class="post-metadata">

**Author:** ![Michael\_O](https://avatars.discourse-cdn.com/v4/letter/m/58f4c7/32.png) [@Michael\_O](https://gov.uniswap.org/u/Michael_O)\
**Post date:** [February 11, 2025, 8:24pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/160 "2025-02-11T20:24:11Z")

</div>

Think it’s really good timing actually with Unichain live

---

<div class="post-metadata">

**Author:** ![TreeEnthusiast](https://avatars.discourse-cdn.com/v4/letter/t/e36b37/32.png) [@TreeEnthusiast](https://gov.uniswap.org/u/TreeEnthusiast)\
**Post date:** [March 11, 2025, 9:40pm UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/161 "2025-03-11T21:40:57Z")

</div>

Hello Eeek

What is the update? We voted 1 year ago now.

This is a fake DAO. Rename to Uniswap Governance to a16z Governance

---

<div class="post-metadata">

**Author:** ![zzzzz](https://avatars.discourse-cdn.com/v4/letter/z/71e660/32.png) [@zzzzz](https://gov.uniswap.org/u/zzzzz)\
**Post date:** [March 14, 2025, 9:55am UTC](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936/162 "2025-03-14T09:55:56Z")

</div>

Why no further actions? any updates?

[Previous page](https://gov.uniswap.org/t/temperature-check-activate-uniswap-protocol-governance/22936.md?page=7)
