DeFi Education Fund Temp Check & Options
Vote: For + 300k UNI
Summary: We find DEF’s work to be valuable to the entire ecosystem. While their initial execution was not exemplary, they’ve been receptive to feedback and have incorporated changes to their proposal. Lastly, while we are supportive, we don’t think Uniswap should be forking out excessive amounts of capital and this is why we opted for the lower end of funding.
[Temp Check] Uniswap Delegate Reward -3 Months-Cycle 1
Vote: Yes, Proceed
Summary: We were torn on our decision but ultimately decided to support the initial 3-month trial as we believe it can provide some valuable insight into future programs. The program incorporates some nice metrics that provide clear value to the DAO. Our main concern is that the DAO currently lacks a clear long-term vision & rationale behind why we need such a program. It seems like this is coming from a place of retroactive funding for delegates who have continuously contributed to Uniswap with little compensation. This argument certainly has merit and I think the DAO should be cautious of not losing the very people that provide significant value to stakeholders.
[Temp Check] Onboard Uniswap to Redstone
Vote: Deploy without incentives
Summary: Redstone is an exciting experiment and we think a Uniswap deployment fits nicely into its objective. However, it’s very early on for the chain and there has not been sufficient enough activity and users to justify an incentive program.