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NewsUniswap Community Votes to Approve Proposal Regarding Community Governance Process Changes

Uniswap Community Votes to Approve Proposal Regarding Community Governance Process Changes

Dec 22,2022,01:59

The Uniswap community has approved the proposal regarding the community governance process changes through voting. Almost 100% of the voting power are in favor of the proposal.

The proposal suggests reducing the number of off-chain Snapshot votes from two to one, and increasing the Snapshot poll yes-vote threshold from 50k $UNI to 10m $UNI. In addition, it suggests adding a 7-day "Request for Comment" phase before the Snapshot vote, which aims to give the community ample time to formulate opinions on the proposal and provide feedback.

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