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BTC $78,382.33 -1.34%
ETH $2,478.00 -0.55%
BNB $754.93 +1.36%
XRP $1.39 -1.02%
SOL $103.00 -1.64%
TRX $0.3382 +0.46%
DOGE $0.0892 -0.34%
ADA $0.2173 -0.52%
BCH $256.24 +0.26%
LINK $12.65 -5.36%
HYPE $84.04 -3.26%
AAVE $130.63 -2.26%
SUI $0.8198 +1.00%
XLM $0.1898 -0.28%
ZEC $1,130.46 -4.42%

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

2024-01-09 15:55:29

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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