Uniswap Delegate Reward Initiative - Cycle 3
AI summary
This proposal, Cycle 3 of the Uniswap Delegate Reward Initiative, aims to continue compensating Uniswap delegates for their active participation in governance. It seeks to maintain high-quality engagement by incentivizing delegates to vote on proposals and contribute to the protocol's direction. The initiative has previously shown success in increasing delegate participation rates and attracting new delegates.
If passed, this proposal will allocate funds from the Uniswap treasury to compensate up to 15 delegates based on their governance activity, ensuring continued delegate engagement. Delegates who actively participate in voting and meet the eligibility criteria will benefit, while the treasury will incur the cost of these rewards. The exact dollar amount of the rewards is not specified in this proposal.
Voting results
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Uniswap Delegate Reward Initiative - Cycle 3
Uniswap Delegate Reward Initiative - Cycle 3
Authors: @Doo_StableLab @PGov @AranaDigital @seedgov
Summary
This proposal outlines the Uniswap Delegate Reward Initiative—Cycle 3, a compensation program designed to improve and sustain the participation quality and dedication among Uniswap delegates following the conclusion of Cycle 1 and 2.
Background
In late February 2024, StableLab proposed the Uniswap Delegate Reward Initiative. After the GovSwap event in Denver, furth…