Uniswap DAO community approves an updated governance process
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Uniswap DAO voting on governance has finished after a week. The community chose a new governance model. The Uniswap community voting on a new governance model lasted for a week. 61,000,000 UNI were used to approve it unanimously. Excited to announce that the proposal to update the Uniswap community governance process has passed! Thanks to all delegates for your input and support.https://t.co/7o03ilTup5 — Uniswap Foundation (@UniswapFND) December 21, 2022 DAO members voted for the removal of the snapshot off-chain vote requirement. The ultimate aim is to use the same on-chain votes that accept or disapprove of a proposal for governance.
Key Highlights Uniswap governance has opened voting on two proposals to expand protocol fees across 12 blockchain networks. Robinhood Chain would join Ethereum, Base, Arbitrum, and other networks already participating in UNI fee burns. Governance is introducing a new v4 fee framework built around a centralized fee controller rather than…