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LINK $9.14 -2.91%
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AAVE $92.97 -17.22%
SUI $0.9426 -3.30%
XLM $0.1676 -1.02%
ZEC $324.89 -0.58%

Uniswap community temperature check vote on lowering the on-chain proposal threshold

2024-01-09 15:55:29
Collection

ChainCatcher message, the Snapshot page shows that the Uniswap community has proposed a temperature check proposal aimed at lowering the current proposal threshold (PT). The proposal suggests reducing the threshold from 2.5 million UNI tokens to 1 million UNI tokens. This move aims to expand the representative base eligible to submit on-chain proposals, thereby increasing representative participation. The proposal states that among the current group of representatives, about 33 individuals are capable of publishing proposals on-chain. Unfortunately, many entities with sufficient voting power rarely participate in the DAO forum and voting.

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