Hi Tobi,
thank you for your questions!
Can you clarify whether the Gnosis Chain team will be deploying, and whether the bridge architecture you linked to in your post is what will be used to facilitate governance of the Gnosis Chain instance?
Yes, the Gnosis Chain team would be deploying the application. We are working with Nomad to offer a secure bridging solution for the Uniswap governance. I will post details today in the Consensus Check phase.
- We’d like to see a more detailed (if preliminary) plan regarding how and when those liquidity incentives will be provided, prior to the next phase of the vote.
We would like to utilize GNO to foster the usage of Uniswap v3 on Gnosis Chain. We would like to do this together with other projects, which are operating on top of Uniswap v3 such as Perpetual Protocol, Gelato or Stakewise. This should allow for more sustainable utilization of Uniswap as Gnosis Chain doesn’t have a team dedicated to Uniswap v3. The GNO can be used to incentivize liquidity but should not be limited to this use-case. Anything increasing usage of Uniswap v3, including building new applications on top of Uniswap v3 should be supported with the $10M provided. The goal is to spend the $10M in the timeperiod of 2 years. Funds not used after two years would go back to GnosisDAO. The spending is limited to $10M and the amount of GNO transferred at the time of the proposal passing. GnosisDAO can decide to topup this balance based on the performance of the initiative.
- Before the final vote, we’d like Gnosis DAO set aside the entire $10m of offered funds in a multisig on Gnosis Chain chain with multiple representatives from the Uniswap community as accountability signers. Preferably the funds would be sent to the accountability multisig prior to the on-chain vote using something like Kleros Escrow or similar, and returned if the vote does not pass. This seems like a reasonable first step before we have fully integrated on-chain accountability models.
This brings up an interesting problem: As the proposal funding has to come from GnosisDAO, this proposal has to be accepted by both: UNI and GNO token holders. I would suggest we make the execution of this proposal dependent also on the acceptance of the proposal by GnosisDAO. The GnosisDAO proposal has to include the setup of the multi-sig and the allocation of GNO and would be executed once it is accepted by GNO token holders. For the multisig I would suggest a 3 out of 4 multisig with two singers from the Uniswap community and two singers from the GnosisDAO community.