Uniswap Governance

For the full proposal, please see this forum post. Fluctuations in the UNI token price means that the accounts for various programs become unbalanced–sometimes at a surplus and other times at a deficit. Since programs are almost always budgeted in terms of dollars, we are looking to top up those balances to ensure liabilities around sustaining elected DAO programs are covered. This temperature check associated with rebalancing is being run separately from the UAC Season 3 renewal vote–the vote will request 42,060 UNI. Further details on the request and breakdown of budgets can be found at the forum post above.

For the full proposal, please see this forum post. The UAC has ramped up contributions in its current iteration, demanding more hours from members than in the past. Collectively, with our new much expanded scope, we have contributed more than originally expected, which was the limited 10 hours/month per member. In total over 6.5 months, committee members have worked 359 hours, 99 hours more than the expected 260 hours for this time frame. Note that the extra hours have not been paid out. Today, the scope of the UAC can broadly relate to DAO operations, program oversight, and protocol growth–the specifics of these categories will continue to evolve to meet the needs of the DAO. Going forward, we propose a few key areas of focus for the committee: Proposing new incentive programs, including a potential exploration into Protocol Owned Liquidity and other forms of growth beyond mere incentives Administering an operational framework for the Uniswap DAO to best sustain efficiency with ever increasing programs and working groups Continuing our role as an escrow service for DAO-funded programs Polishing our accounting and record-keeping to improve reporting Exploring and implementing growth programs related to Uni v4 To accommodate this expanded focus, we propose the following next steps to operationalize the committee going forward: Add an additional member (going from 4 to 5 members) to increase work capacity and multisig security Increase the maximum hours per member from 10 hours/month to 30 hours/month Institute a staggered election system to retain three current members on the committee–this helps retain momentum and continuity with existing projects. We believe a degree of stickiness with the UAC team is important since conducting the noted operations requires subject matter expertise and familiarity with the DAO. * Going forward, the UAC will internally hold a vote to decide which of the ⅖ members will be up for reelection–that is, if two members don’t resign by default * For this election, @0xpibblez has stepped down, so there are automatically 2 available seats for the Season 3 election Approve the $32.6k of wages payable to accommodate for Season 2 overtime Fund the committee with an additional $210,000 of $UNI for payroll through March 2025 (this assumes that all 5 members spend 30 hours per month for all 7 months, given the $200/hour rate) Note: The UAGP is funding legal research into an entity structure that would be suitable for the UAC. This would, among other aspects, allow the committee to sign incentive matching agreements with protocols to which Uniswap is being deployed. The introduction of a legal entity may change the dynamic of the UAC and its election setup as well.

Author(s): Rodrigo Vasquez, Ethereum Foundation; Jay Yu, Stanford Blockchain Club Outline 0 - Quick Links 1 - Summary 2 - Motivation 3 - Proposal Details 4 - Benefits to the Uniswap Community 5 - Cost and Timeline 5.1 - Sponsorship Tiers 5.2 - Timeline and Key Dates 0 - Quick Links Sponsor the Ethereum Protocol Attackathon (ImmuneFi) 2 Ethereum Protocol Attackathon in Collaboration with Immunefi EthCC - Security Soirée 2024 - Fireside Chat with Immunefi and the Ethereum Foundation (YouTube) 1 - Summary This proposal seeks funding from the Uniswap DAO to support an Attackathon, a comprehensive security audit event designed to bolster the security of the Ethereum protocol. The Attackathon will consist of three phases: education, active code hunting, and result evaluation. The goal is to enhance the security of the Ethereum network, which in turn benefits the entire DeFi ecosystem, including Uniswap. 2 - Motivation The Ethereum Foundation and Immunefi are introducing the first-ever “Attackathon” program, which is aimed to be the largest ever crowdsourced security audit contest conducted to augment security for the entirety of the protocol’s code. An Attackathon is a multifaceted event involving three phases: Before the Attackathon: A comprehensive education program on the protocol’s code delivered via live technical walkthroughs and Attackathon Academy content. During the Attackathon: Security researchers hunt for vulnerabilities in the code based on specific rules to qualify for rewards. Only impactful reports, as specified by the rules of the Attackathon, will be rewarded. After the Attackathon: Immunefi evaluates and compiles the results into an official Attackathon report, spotlighting top researchers with monetary rewards, NFT awards and a leaderboard. Although the Ethereum Foundation has a permanent bug bounty, it does not get the awareness and eyeballs it should get on the code. While the EF Bug Bounty has existed since 2015, it typically only receives 2-3 low-medium reports per week. Therefore, we hope that through this event we can draw more skilled security professionals to audit Ethereum and blockchain projects more broadly. Following recent large hard forks such as Dencun and Shapella, the Ethereum network has undergone significant changes, making this the ideal time to conduct an extensive security audit. Ensuring the protocol’s stability and security post-upgrade is crucial for maintaining trust and reliability. 3 - Proposal Details This Attackathon will be held fully online. Immunefi will host the contest on their platform and triage the bug reports, and the EF Protocol Security Research Team will judge the results together with representatives from client teams. The scope of this Attackathon program seeks to include: Specification Bugs: Safety/finality-breaking bugs Denial of service (DOS) vectors Inconsistencies in assumptions, like situations where honest validators can be slashed Calculation or parameter inconsistencies Client Bugs: Spec non-compliance issues Unexpected crashes, RCE or denial of service (DOS) vulnerabilities Any issues causing irreparable consensus splits from the rest of the network Solidity Compiler Bugs Deposit Contract Bugs The primary ask for the Uniswap community in supporting this project will be in funding, but any contributions to broadcast the program through socials would also be appreciated! 4 - Benefits to the Uniswap Community Conducting the Attackathon now, following recent major hard forks of the Ethereum network, is crucial. These upgrades have brought significant changes, and a comprehensive security audit will ensure the protocol’s stability and security post-upgrade. This increased focus on security will attract significant attention to the Ethereum codebase, enhancing visibility and participation from security researchers. For the Uniswap community, this initiative has direct benefits. Enhancing Ethereum’s security directly improves Uniswap’s reliability and trustworthiness, as Uniswap’s security is inherently tied to Ethereum’s security. A secure Ethereum fosters a confident developer community, which benefits the entire DeFi ecosystem, including Uniswap. Moreover, by including the Solidity compiler in the competition’s scope, the Attackathon will specifically address potential vulnerabilities in the primary programming language for Ethereum smart contracts, which includes those used by Uniswap. Ensuring the security of the Solidity compiler will thus directly enhance the security of Uniswap’s smart contracts. Additionally, aligning with Ethereum’s security efforts offers cost-effective benefits. Uniswap will gain from top-tier security assessments without bearing the entire cost, ensuring a secure and robust environment for its operations. Furthermore, by upskilling security researchers now, we prepare them for future hard fork contests, enhancing the overall security readiness of the Ethereum and Uniswap ecosystems. 5 - Cost and Timeline 5.1 - Sponsorship Tiers Unicorn Partners (+75 ETH Commitment, Approx. $250,000) (limited to two sponsors) 1x Unique NFT with leaderboard rank Participation in Attackathon Kick-off Twitter Space as a partner speaker Leaderboard Placement on Sponsor page Top-tier logo placement on Sponsor and Program Landing Page Top-tier logo placement on the Program Education page and program report Call out in Press Releases and EF and Immunefi Program Announcement Blogs Digital Logo Placement in the results announcement at Devcon or a dedicated virtual event 4x Devcon tickets 25% Discount on Crowd Sec offerings [transferable] 1x Dedicated Twitter post announcing sponsorship from Immunefi Twitter handle Panda Partners (+30 ETH Commitment, Approx. $100,000) 1x Unique NFT with leaderboard rank Leaderboard listing on the sponsor landing page Mid-roll logo placement on Sponsor and Program Landing Page 2x Devcon tickets 10% Discount on Immunefi Crowd Sec offerings [Transferable] 1x Dedicated Twitter post announcing sponsorship from Immunefi Twitter handle 5.2 - Timeline and Key Dates July 8-11: EthCC program announcement August 8: Detailed program announcement and education kickoff. September 1st: Attackathon hunting begins. October 31st: Attackathon concludes, and results compilation begins. November 9-17: Results announced.

Uniswap Delegate Reward Initiative - Cycle 2 Authors: @Doo_StableLab @PGov @AranaDigital Summary This proposal outlines the Uniswap Delegate Reward Initiative - Cycle 2, a compensation program designed to improve participation quality and dedication among Uniswap delegates following the conclusion of Cycle 1. Background In late February 2024, StableLab proposed the Uniswap Delegate Reward Initiative 9. After the GovSwap event in Denver, further research to plan and implement the Delegate Reward Initiative was highlighted, leading to the formation of the Uniswap Delegate Reward Working Group, composed of 8 members from different organizations. After extensive research for more than a month, the Working Group produced several findings, which can be found here: https://gov.uniswap.org/t/findings-from-uniswap-delegate-reward-working-group/23702 3 Incorporating these findings, the Uniswap Delegate Reward Initiative–Cycle 1 was proposed 2 and launched 1 in June 2024. Success of Cycle 1 The 12 delegates that were selected under Cycle 1 maintained 100% voting participation rate for both offchain and onchain votes during this period. In addition, the Delegate Reward Initiative discussion attracted several new delegates. New Delegate Name Delegate Join Date SEEDGov May 2024 Curia June 2024 Tané June 2024 Bobbay July 2024 Whetstone July 2024 Learnings from Cycle 1 While Cycle 1 was simple and effective, there were several suggestions to have a tier system to incorporate different participation levels of delegates. In addition, various suggestions were shared on how to make a points system to determine the top delegate applicants more fair and objective. Cycle 2 Proposal Details Application Eligibility There will be a week-long period for delegate candidates to submit their applications. Top 15 delegates will be determined based on points. Delegates from Cycle 1 must apply again for Cycle 2–they will not be automatically included. Delegates that have joined less than 3 months can also apply for the Initiative. Delegate Reward Eligibility Once delegates have passed the application process, they must fulfill the following requirements to be eligible for up to $6,000 USD worth of $UNI reward per month. Requirements 1.Maintain 80% onchain and offchain voting participation for the past 3 months. Achieving this will provide $3,000 USD worth of $UNI Additional Rewards (the below are only available if the above Requirement of Voting Participation is fulfilled) 2a. Write rationale for the voting on their delegate profile. 2b. Attend Uniswap Community Calls. Achieving these above will provide an additional up $3,000 USD worth of $UNI.For 2a and 2b, it allows proportional payment. For example, if there were 4 votings and 1 community call, and a delegate missed to write a rationale of 2 of the votings. The delegate would be eligible to receive $1800 [3/5 * $3000]. Uniswap Delegate Reward Cycle 2 Metrics In case there are more than 15 eligible applicants, the top 15 will be chosen by the following objective metrics. The highest number of available point would be 10. 1. Voting Participation -Considering one of the primary roles of the delegate is to receive voting power from their delegators to vote on behalf for the best of Uniswap, voting participation is crucial to ensure quorums are met and malicious proposals are prevented. The total point amount from this category is 6. The onchain part is weighted more heavily due to its usual frictions such as gas cost, as well as its ability to dictate governance contract alterations and movement of treasury funds. The voting rate is based on the past 6 months. 1. Offchain Voting (Snapshot) 80% and above : 2 70% till 80% : 1.5 60% till 70%: 1 50% or below but above 0%: 0.5 0% : 0 2. Onchain Voting 80% and above : 3 70% till 80% : 2.25 60% till 70%: 1.5 50% or below but above 0%: 0.75 0% : 0 3. The date of the first on chain vote is 3 months or more (this is to counterbalance very new applicants who have few votes and able to get full points on the voting) Yes : 1 No : 0 2. Proposal Authorship -Helping to write proposals for Uniswap DAO is important. However, we also want to prevent low-quality or malicious proposals. Therefore, only passed votes would count. The total points for this category is 3. The onchain part is weighted more heavily once again. In case of non-binary proposals, if the choice equivalent to “No” was present, and the end voting result was another choice than “No”, then it would be considered as valid for below. For example, Uniswap Treasury Working Group (UTWG) Election wouldn’t be valid for the points as there’s no “No” vote . But [Temp] Uni Onboarding Package - BSC would be valid for the points as there was a choice of “Against”. And the voting result was “$1m”. 1. Authored or Co authored a proposal that passed offchain (snapshot) vote before. Yes, 2 or more : 1 Yes, 1 : 0.5 No: 0 2.Authored or Co authored a proposal that passed onchain vote before Yes, 2 or more : 2 Yes, 1 : 1 No: 0 3. Other Governance Participation -The full point for this category is 1. This category is to recognize other ways one could contribute to discussion regarding Uniswap Governance. This can be achieved by either 1. Joined Uniswap Gov Workshop Before Yes: 1 No: 0 Or 2. Joined Uniswap Community Call Before Yes: 1 No: 0 Tie Breaker -Ties will be decided by the date of the first on chain vote these applicants casted in order to reward those delegates that have been contributing to Uniswap governance for an extended period. Budget We are requesting 540,000 [6000 USD 6 Months 15 Delegates ] USD worth of UNI for the Uniswap Delegate Reward Initiative. The total amount, once approved, will be sent to the Accountability Committee, which will be responsible for the monthly distribution of rewards to eligible delegates and the proposal authors. Since the total budget of the now disbanded Delegate Reward WG has not been fully used, administration of this reward program–including the creation of this proposal and the admin work behind verifying monthly delegate participation–will be paid for using the current balance of $41.6k. The monthly admin consumption will be communicated each month to the DAO. Next Steps On August 25th, assuming the snapshot vote passed, will proceed to Onchain vote.

Note: While this snapshot originally passed, we misconfigured the time for 3 days instead of 5 days, which is the requirement according to https://gov.uniswap.org/t/community-governance-process-update-jan-2023/19976. We have fixed this mistake and are re-running the snapshot. Original Text: Just like the 1 bp fee tier originally proposed 3 years ago by Getty Hill, we propose to additionally add a 2, 3, 4 bps fee tier to Uniswap v3 on Base. You may question why we are proposing the creation of three new fee tiers when our analysis only focused on 4 bps. There are two reasons for this. For one, Aerodrome is able to adjust fees automatically on Base. We anticipate they may respond by lowering fees below 4 bps and want Uniswap Protocol to allow LPs to move without governance intervention if this happens. Second, we believe this analysis may be a single case study into a larger finding that the required fee for LPs on L2s may be lower than 5 bps. While Aerodrome highlights the success of a 4 bp fee tier, it’s unclear whether that’s the right market rate. It may be lower. Lastly, we note that this change should not be blindly repeated on other chains. The community should do further research on the success or failures of this program before executing it on another chain.

Just like the 1 bp fee tier originally proposed 3 years ago by Getty Hill, we propose to additionally add a 2, 3, 4 bps fee tier to Uniswap v3 on Base. You may question why we are proposing the creation of three new fee tiers when our analysis only focused on 4 bps. There are two reasons for this. For one, Aerodrome is able to adjust fees automatically on Base. We anticipate they may respond by lowering fees below 4 bps and want Uniswap Protocol to allow LPs to move without governance intervention if this happens. Second, we believe this analysis may be a single case study into a larger finding that the required fee for LPs on L2s may be lower than 5 bps. While Aerodrome highlights the success of a 4 bp fee tier, it’s unclear whether that’s the right market rate. It may be lower. Lastly, we note that this change should not be blindly repeated on other chains. The community should do further research on the success or failures of this program before executing it on another chain.

[Temp Check] Deploy Uniswap v3 on X Layer REVISED: Based on the feedback from the prior Temperature Check, our counter proposal is as follows: Uniswap to provide the front end cost for Oku Trade X Layer to provide $1m of liquidity for a minimum of 6 months via a community multisig as stated in the above proposal At a later date, OKX may create a new proposal seeking UNI incentives. Summary: This proposes the deployment of Uniswap v3 on X Layer. Background: X Layer is a zkEVM Layer 2 network built on Ethereum, powered by Polygon CDK, a zkEVM stack for building Ethereum L2 scaling solutions. Developers can easily deploy their existing contracts on zkEVM, and users can move their assets from Ethereum and conduct transactions off-chain. These transactions are bundled into groups with zero-knowledge proofs to verify their validity. Motivation: Deploying an instance of Uniswap v3 on X Layer provides numerous opportunities for Uniswap to gain millions of new users from the OKX ecosystem which comprises of approximately 50m. This deployment will be a win-win for both parties as it provides Uniswap with a new user base and revenue stream and X Layer the chance to offer its users access to a battle tested DeFi primitive, which is Uniswap v3. Boundless scalability: 100% EVM compatibility and easy-to-use developer tools for deployment. X Layer is Powered by OKX: seamless integration to all OKX products, all-in-one Web3 gateway, and access to 50M+ users in the OKX ecosystem. Security: rely on robust secure mechanisms from Ethereum, with trustless interoperability. Low fee: same coding experience as Ethereum but 100x cheaper. Portal to Web3: enter the world of Web3 via OKX Wallet, built with compact infrastructure modules to create innovative DApps. Proposal Stakeholders: The following list of stakeholders is present to transparently communicate which entities and individuals are involved in proposal creation and implementation. Proposer: Yohaan (X Layer DeFi Strategy) This entity is responsible for authoring the proposal & managing the governance process Deployer: GFX Labs This entity is responsible for the technical deployment of the contracts on the target chain GFX Labs will help deploy the v3 contracts on X Layer and has a track record of safely deploying Uniswap v3 on various EVM-compatible chains Frontend: Oku Trade The initial frontend where users can interact with the new Uniswap v3 deployment Oku is built and managed by GFX Labs Oku was seeded by a Uniswap Foundation grant in 2022 Oku supports twelve chains and continues to aid Uniswap’s expansion to new protocols Note: Oku Trade has become the DAO’s go-to third party front-end for Uniswap deployments since the canonical front-end is owned and operated by Uniswap Labs Bridge Provider: zkEVM Bridge X Layer mainnet bridge allows you to seamlessly move value between Ethereum and X Layer mainnet and can also be used to send and claim messages to and from Ethereum and X Layer. Target Chain: X Layer This is the chain that v3 contracts are deployed on Proposal Sponsor: GFX Labs This entity has >1M UNI and is therefore eligible for administering the onchain vote Liquidity Bootstrapping and Incentives: X Layer’s Commitment: X Layer commits $1M worth of liquidity to Uniswap pools on X Layer for a minimum of 6 months. All liquidity will be provided on the day of launch. The tokens will be deployed on Uniswap through the X Layer integration with Oku Trade. All liquidity will be provided immediately upon deploying an instance of Uniswap v3 on X Layer. Pools and liquidity committment: $500k in OKB/USDT 0.30% $200k in OKB/USDC 0.30% $200k in OKB/wETH 0.30% $100k in USDC/USDT 0.05% Community Multisig for Liquidity Provisioning: The liquidity committment made by X layer will be sent to a Gnosis Safe on X Layer prior to launch with signers from OKX, Oku Trade and select Uniswap Delegates. Deployment Details: If no major points of contention are posed by the DAO during the RFC, the Accountability Committee will Optimistically approve this deployment and consider the deployed contracts on the X layer as canonical, and a comment will be posted on this forum with all the verified contracts As is the case with all canonical v3 deployments, this deployment will be subject to Ethereum Layer 1 Uniswap Protocol governance and control. The text record of the uniswap.eth ENS subdomain titled v3-deployments.uniswap.eth will be amended by the Accountability Committee to include the reference to the stated v3 contracts on X Layer. Timeline: July 2024: RFC August 2024: Liquidity commitment Temp Check August 2024: Onchain vote to approve onboarding package September 2024: Uni v3 contracts as well as front end on Oku Trade will be deployed by GFX Labs

Simple Summary This proposal seeks to onboard Forse by StableLab as a data service provider, helping analyze the effectiveness of the Uniswap Revitalization and Growth Program. The offchain vote (Snapshot) will be a weighted voting where each voter may spread voting power across any number of choices to help to assess three blockchain for Forse to analyze. Motivation In February 2024, the Uniswap DAO introduced the Uniswap Revitalization and Growth Program, which incentivizes users to participate in current and new deployments of Uniswap on different networks within the L2 space. The initial onboarding packages of this program cost the Uniswap DAO at least $3.5M worth of assets. We propose that Uniswap DAO engage with Forse, our DAO intelligence and analytics platform, to analyze the impact of the Uniswap Revitalization and Growth program and assess if the current approach drives real growth. By assessing the impacts of the Revitalization and Growth Program, the Uniswap DAO will have valuable insights to improve further iterations of the Revitalization and Growth Program or other incentive programs. Armed with this information, Uniswap DAO will be able to understand what was the most relevant user groups, and their acquisition cost, and evaluate if the Revitalization and Growth program effectively modified user behavior and led to increased stickiness of users, and therefore TVL and other top-level protocol metrics. Recently, StableLab supported the Arbitrum DAO as the Program Manager for the Arbitrum Short-Term Incentives Program, and we delivered a comprehensive analysis of the STIP to the Arbitrium DAO. With Uniswap allocating over $3.5M worth of assets for the purpose of growing Uniswap’s market share, it is essential to ensure that the DAO analyses and reviews the impact of these incentives on an ongoing basis. What is Forse? Forse is a data and intelligence platform built by StableLab helping DAOs analyze the impact of governance decisions in protocol growth, top-line metrics, and governance operations, including its cost and effort structures. StableLab is the leading provider of governance products and solutions for decentralized protocols. We work with various projects, from the ones just starting their journey to decentralization to the most prominent DeFi protocols. 1600×900 181 KB 1600×1032 166 KB 1600×900 106 KB This service provider engagement grants the Uniswap DAO access to the services of the entire StableLab team. Specifically, three StableLab team members will be the primary points of contact. Team Christian Ziegler is the Tech Lead at StableLab. Previously, he worked as researcher at the Technical University of Munich (TUM), where he wrote his doctoral thesis on DAOs. In 2018, he co-founded Blockcurators GmbH. Christian has several published scientific articles, including: a Taxonomy of DAOs; scoring methodologies for DAOs; network analysis of DAOS; classification of DAO proposals using LLMs; among others. Johannes Loewe is the Data Lead at StableLab, where he focuses on all stages of AI and ML development, from experimentation to deployment. Before joining StableLab, he was a Freelance AI & Blockchain Software Engineer. He also has experience with DAOs, being a founding member of PretzelDAO in Munich. He holds a Bachelor’s degree from Radboud University in the Netherlands and a Master’s degree in Machine Learning from NUI-Galway in Ireland. Marcos Miranda is the Head of Product at StableLab. With over 5 years of experience in Product Management, with focus on Web3 and Analytics products, he is also experienced in building DeFi protocols, having previously worked for other protocols in the space. Specification By analyzing the impact of these incentives, Forse by StableLab hopes to identify the following: Impact quantification of the Uniswap Revitalization and Growth Program in top-line protocol metrics with the isolation of external factors influencing these metrics as far as permitted and reasonably possible. User segmentation and analysis based on archetypes of users to determine the types of users attracted through the incentive program. Post-Incentive user retention, reactivation, and user acquisition cost metrics. Per-dollar value of incentives compared to other ways of incentivising users (e.g. Airdrops, LP rewards, grants, …). User Retention and activity patterns over the time of the Uniswap Revitalization and Growth Program. To see Forse in action, explore our interactive dashboard showcasing the Arbitrum Short-Term Incentives Program. This provides a great example of what our output could be for Uniswap’s Revitalization and Growth Program. Budget Request The proposal requests $70,000 worth of UNI to analyze the impact of the Uniswap Revitalization and Growth Program so far for 3 blockchains chosen by the Uniswap DAO, with 3 months of additional maintenance support and updates to analytics modules utilized in the live dashboard. Three Blockchains Chosen by the Uniswap DAO We believe it will be better for Uniswap to better understand the impacts of the Incentive program for protocols that are at least sizable. So the options will compose the top 6 blockchains by TVL. Blockchains TVL Arbitrum $2.596b Base $1.35b Blast $838.46m Scroll $601.14m Linea $519.15m Mantle $440.09m Zksync $77.19m Sei $70.62m Manta $39.74m Moonbeam $31.45m Polygon zkEVM $13.2m Taiko $13.29m Next Steps 1.Launching Snapshot vote to decide the top 3 blockchains as well as regarding whether to proceed with this proposal 2.Proceed to Onchain Vote if the snapshot vote passes

Summary: This proposes the deployment of Uniswap v3 on X Layer. Background: X Layer is a zkEVM Layer 2 network built on Ethereum, powered by Polygon CDK, a zkEVM stack for building Ethereum L2 scaling solutions. Developers can easily deploy their existing contracts on zkEVM, and users can move their assets from Ethereum and conduct transactions off-chain. These transactions are bundled into groups with zero-knowledge proofs to verify their validity. Motivation: Deploying an instance of Uniswap v3 on X Layer provides numerous opportunities for Uniswap to gain millions of new users from the OKX ecosystem which comprises of approximately 50m. This deployment will be a win-win for both parties as it provides Uniswap with a new user base and revenue stream and X Layer the chance to offer its users access to a battle tested DeFi primitive, which is Uniswap v3. Boundless scalability: 100% EVM compatibility and easy-to-use developer tools for deployment. X Layer is Powered by OKX: seamless integration to all OKX products, all-in-one Web3 gateway, and access to 50M+ users in the OKX ecosystem. Security: rely on robust secure mechanisms from Ethereum, with trustless interoperability. Low fee: same coding experience as Ethereum but 100x cheaper. Portal to Web3: enter the world of Web3 via OKX Wallet, built with compact infrastructure modules to create innovative DApps. Proposal Stakeholders: The following list of stakeholders is present to transparently communicate which entities and individuals are involved in proposal creation and implementation. Proposer: Yohaan (X Layer DeFi Strategy) This entity is responsible for authoring the proposal & managing the governance process Deployer: GFX Labs This entity is responsible for the technical deployment of the contracts on the target chain GFX Labs will help deploy the v3 contracts on X Layer and has a track record of safely deploying Uniswap v3 on various EVM-compatible chains Frontend: Oku Trade The initial frontend where users can interact with the new Uniswap v3 deployment Oku is built and managed by GFX Labs Oku was seeded by a Uniswap Foundation grant in 2022 Oku supports twelve chains and continues to aid Uniswap’s expansion to new protocols Note: Oku Trade has become the DAO’s go-to third party front-end for Uniswap deployments since the canonical front-end is owned and operated by Uniswap Labs Bridge Provider: zkEVM Bridge X Layer mainnet bridge allows you to seamlessly move value between Ethereum and X Layer mainnet and can also be used to send and claim messages to and from Ethereum and X Layer. Target Chain: X Layer This is the chain that v3 contracts are deployed on Proposal Sponsor: GFX Labs This entity has >1M UNI and is therefore eligible for administering the onchain vote Liquidity Bootstrapping and Incentives: X Layer’s Commitment: X Layer commits $1M worth of liquidity to Uniswap pools on X Layer for a minimum of 6 months. All liquidity will be provided on the day of launch. The tokens will be deployed on Uniswap through the X Layer integration with Oku Trade. All liquidity will be provided immediately upon deploying an instance of Uniswap v3 on X Layer. Pools and liquidity committment: $500k in OKB/USDT 0.30% $200k in OKB/USDC 0.30% $200k in OKB/wETH 0.30% $100k in USDC/USDT 0.05% Community Multisig for Liquidity Provisioning: The liquidity committment made by X layer will be sent to a Gnosis Safe on X Layer prior to launch with signers from OKX, Oku Trade and select Uniswap Delegates. Deployment Details: If no major points of contention are posed by the DAO during the RFC, the Accountability Committee will Optimistically approve this deployment and consider the deployed contracts on the X layer as canonical, and a comment will be posted on this forum with all the verified contracts As is the case with all canonical v3 deployments, this deployment will be subject to Ethereum Layer 1 Uniswap Protocol governance and control. The text record of the uniswap.eth ENS subdomain titled v3-deployments.uniswap.eth will be amended by the Accountability Committee to include the reference to the stated v3 contracts on X Layer. Timeline: July 2024: RFC August 2024: Liquidity commitment Temp Check August 2024: Onchain vote to approve onboarding package September 2024: Uni v3 contracts as well as front end on Oku Trade will be deployed by GFX Labs

Outline Overview Motivation About Gnosis Chain Benefits to Uniswap Cost and Timeline Stakeholders Overview Gnosis Chain is a community-owned, EVM-compatible network operated by a diverse set of 200k+ validators around the world. In the last two quarters (Q4 2023 and Q1 2024), Gnosis Chain experienced significant growth reaching over $300 Million in TVL. The DeFi sector added numerous established blue chip projects and now powers a vibrant ecosystem including Spark, Aave, Balancer, Curve, CoW Swap, 1inch and Connext among others. Since Gnosis Chain’s focus on revolutionising the payments infrastructure to make decentralized financial tools accessible and usable for all, we feel it fitting for Uniswap to tap into the ecosystem. This proposal requests a retroactive Onboarding Package for Gnosis Chain. Motivation While already deployed on Gnosis Chain, Uniswap is not currently capitalizing on it. This proposal aims to change that. One of the key areas of focus suggested by the Uniswap Deployments Accountability Committee to expand the Uniswap ecosystem is “Uniswap Revitalization and Growth”. In their recent work, a large emphasis is on revisiting some of the old deployments and proactively capturing first-mover advantage on promising new chains. As Gnosis Chain experienced significant growth across Q4 2023 and Q1 2024, we believe the chain aligns perfectly with the scope of the Uniswap Revitalization and Growth initiative. Uniswap’s deployment on Gnosis Chain was completed in early 2022, hence Gnosis Chain was never a beneficiary of the “Onboarding Package” that is now included as a standard element of deployment proposals. We believe there are synergies between Uniswap and Gnosis Chain as well as a strong potential for Gnosis Chain to generate high volumes and mobilize an influx of new users to Uniswap because of its focus on payments and financial tools. As a comparison, Balancer processed over $590 Million in volumes YTD (end of May) on Gnosis Chain, making it the second-largest alternative EVM market for the DeFi protocol (similarly to Uniswap, Arbitrum is the first). Gnosis Chain has a larger positive impact on Balancer’s volumes than other more prominent networks like Polygon ($284M YTD) or Base ($80.8M YTD). We believe that additional visibility and an incentive program would enable both Uniswap and Gnosis Chain to tap into their synergies resulting in positive growth on both ends. About Gnosis Chain Gnosis Chain is a community-owned, EVM-compatible network operated by a diverse set of 200k+ validators around the world. It features fast transaction times (5 seconds) and low transaction fees (500 tx for $0.01) with the unique advantage of having a stable token as a base asset for transactions and gas fees. One of the first Ethereum sidechains, Gnosis Chain’s core values are resilience and credible neutrality. By allowing contributors to easily run a node, Gnosis Chain created a community-owned, anti-fragile network secured by a geographically diverse validator set. Its strong culture of at-home stakers (not reliant on cloud providers or data centres) and its community governance ensure Gnosis Chain remains credibly neutral at a lower price point than Mainnet. Gnosis Chain underpins the Gnosis collective of aligned projects revolutionising the payments infrastructure to make decentralised financial tools accessible and usable for all. The collective features established blue chip projects like Safe as well as prominent ones like Gnosis Pay and Monerium. In the last two quarters (Q4 2023 and Q1 2024), Gnosis Chain experienced significant growth reaching over $300 Million in TVL. The DeFi sector added numerous established blue chip projects and now powers a vibrant ecosystem including Spark, Aave, Balancer, Curve, CoW Swap, 1inch and Connext among others. Benefits to Uniswap The Multichain Uniswap approach has proven successful with approx. 35% of trading volumes in the last 6 months come from non-Ethereum-Mainnet deployments. Since Gnosis Chain’s focus on revolutionising the payments infrastructure to make decentralized financial tools accessible and usable for all, we feel it fitting for Uniswap to tap into the ecosystem. The potential for Uniswap to capture the inflow of new and existing users leveraging Gnosis Chain as a payments infrastructure is a promising opportunity for the project to reach a new audience. Gnosis Chain underpins the Gnosis collective of aligned projects, building synergic services to Uniswap. Among those, Safe and Gnosis Pay. Safe Smart Accounts count 9.1 Million accounts deployed with $100B+ in total assets stored and VIP individuals (e.g. Vitalik) using them. Gnosis Pay is the world’s first on-chain spending account with a Visa Debit Card linked to a self-custodial blockchain wallet, connected with 80 Million merchants worldwide. Roll-out in Europe and the United Kingdom has already started, with upcoming new Countries including Brazil and Argentina. That is a combined population of approx. 1.45 Billion people. Additionally, Gnosis Chain powers a growing DeFi sector with numerous blue chip projects added since Q4 2023. These include Aave, whose market on Gnosis Chain has grown rapidly since its launch 7 months ago and is now larger than the lending protocol’s markets on Base and Scroll (as of May 2024). sDAI (MakerDAO’s interest-earning DAI) accumulated over $68 Million TVL since October 2023. Focusing on the on-chain trading vertical, Balancer processed over $590 Million in volumes YTD (end of May) on Gnosis Chain, making it the second-largest alternative EVM market for the DeFi protocol (similarly to Uniswap, Arbitrum is the first). This means, Gnosis Chain has a larger positive impact on Balancer’s volumes than other more prominent networks like Polygon ($284M YTD) or Base ($80.8M YTD). Based on the above and observing Uniswap’s performance across blockchains, we anticipate the protocol will replicate its success in capturing market share on Gnosis Chain. Bridges Gnosis Chain is committed to providing easy and secure access to Ethereum L1 and other Layer 1 and Layer 2 ecosystems. For this reason, multiple bridging options are available to connect with Gnosis Chain. The Omnibridge is a native token bridge that connects Ethereum and Gnosis Chain (and vice-versa) by minting the canonical representation of bridged assets on Gnosis. The Omnibridge is built on top of the Arbitrary Message Bridge (AMB), a key bridge primitive that is used inside higher-order bridges like the Omnibridge and allows Gnosis contracts to send data and trigger contract functions on Ethereum and vice-versa. Therefore, the Omnibridge relies on the same trust models and group of Trusted Bridge Validators as the AMB. Part of these validators is Succinct Lab’s zkSNARK-enabled Light Client, Telepathy. Telepathy is a key component of the AMB bridge ecosystem as it enhances security and reliability for cross-chain transactions by providing validity proofs via zkSNARKs that ensure trustless verification of transaction events across chains. The xDAI bridge is a native DAI bridge from Ethereum that is used to mint and burn xDAI, the native asset used for gas and transaction fees on Gnosis. Gnosis has a long-term roadmap to move towards trustless bridges and is investing resources into trust-minimization of its bridges, to ensure trust and safety of users. Hashi is an EVM Hash Oracle Aggregator designed to enhance cross-chain bridge security by aggregating block headers from various sources. It supports 15+ General Message Passing bridges and ZK light clients, promoting redundancy and reducing reliance on single mechanisms. By requiring validation from multiple independent mechanisms, Hashi ensures greater resilience against security incidents. Gnosis plans to gradually migrate its canonical bridges to Hashi’s distributed trust model with the goal of strengthening security, decentralisation and interoperability. Additionally, Gnosis Chain is supported within independent bridge solutions that enable the cross-chain connection with other Layer 1 and Layer 2 ecosystems. These include Jumper (provided by Li.Fi), Bungee, Hop, Connext, DLN (debridge), LayerZero, Chainlink CCIP and Wormhole. Cost and Timeline This proposal requests a retroactive Onboarding Package for Gnosis Chain as well as costs for Merkl and Oku integrations. To be voted on Snapshot: $250k $500k $750k $1m Do Not Fund Abstain Please note that each of the options with incentives will include a Oku and Merkl integration package (21.6k and 105k). Stakeholders Proposal sponsor - karpatkey. karpatkey is a delegate both in the Uniswap DAO and in the Gnosis DAO. Deployer - The relevant smart contracts have already been deployed. Target chain: Gnosis Chain by GnosisDAO

Authors: @AbdullahUmar (Arana Digital), @Juanbug (PGov) TLDR: In April, the UADP submitted an application to participate in the Arbitrum LTIPP (long term incentive program pilot) We were able to receive 1,000,000 of ARB, the largest amount out of all other DEX applicants In our application, we stated that “the UADP will request the Uni DAO to decide whether or not it wants to partially match this 1.0M ARB ask. The options the DAO has to vote on are four: $250k, $500k, $750k, and $1M. We cannot guarantee that the DAO will vote to match incentives, but we will make a best-effort attempt and report the results of the temperature check” We will be collaborating with Gauntlet and Merkl to distribute the incentives (cost breakdowns are below) To those ends, we are running this temperature check to see if the DAO is interested in matching the given LTIPP grant to some capacity About the LTIPP Application Uniswap did not apply to the first two rounds of Arbitrum incentives (STIP 1 & 2). This was for two reasons: Native DEXs and smaller protocols deserve a chance to make a name for themselves and perhaps offer unique protocols for trading We did not have a formal structure like the UADP to help facilitate an application Since many native DEXs–and non-native ones–have already had the chance to apply for ARB incentives throughout the past year across multiple incentive distribution initiatives, the UADP decided that it’s now the right time for Uniswap to also partake in these programs, especially since other blue-chip protocols also applied for these incentives. Plus, the establishment of this committee has allowed Uniswap DAO to further mature its relationship with Arbitrum DAO. We’ve partaken in multiple discourses, participating in all of the votes taking place on Arbitrum since November 2023. The LTIPP pilot program is a 3-month long incentive program, with 45M worth of ARB to be distributed among an elected group of protocols. A total of 174 applications were vetted by the LTIPP Advisors, with whom we interacted and obtained feedback during the month of March. One of the primary sticking points was the amount of capital that we initially requested, along with clarifications around some of the target KPIs behind our request. After some deliberation, in line with many other projects, we ended up lowering our ARB ask from 2.5M to 1M, which increased our chances of being admitted into the program by the Advisors and ARB delegates. Uniswap was able to attain the largest amount of incentives from the cohort of DEX applicants:. Uniswap LTIPP Grant Structure and Execution Below is a breakdown of how the LTIPP funds will be used: 900k ARB for incentives: 882k ARB: The bulk of these funds will be used to incentivize liquidity providers on Uniswap using Gauntlet’s dynamic optimization engine. 18k ARB: For Merkl to distribute the funds. Merkl charges based on a percentage of the incentives distributed. 85k ARB for Gauntlet: they will dedicate part of its Applied Research team, the same team currently managing the Uniswap/Arbitrum liquidity mining program, to this initiative. 15k ARB for UADP: These funds will be sent to the UADP multisig with the goal of making this meta-governance initiative a self-sustaining program. This will allow Uniswap DAO to maintain its voting participation in the Arbitrum DAO. In order for us to accept this grant, we had to elect three signers onto a Gnosis Safe, and each member had to follow Arbitrum Foundation’s KYC process. Multisig Address: 0x1026D3D219098D7b1B0A180F7E557DEeA7DA82C1 (⅔ Signers) @Juanbug (UADP), 0xB8Dcad009E533066F12e408075E10E3a30F1f15A @AbdullahUmar (UADP), 0x3d0e30031b547737fFCf13c127350159A6C4ce17 Picodes (Merkl), 0x34Eb88EAD486A09CAcD8DaBe013682Dc5F1DC41D All performance reporting will be conducted by Gauntlet, just as they have been providing analytics regarding their previous Arb-Uniswap incentive program. Incentive Matching It’s clear that Uniswap has a steeped history with Arbitrum. We are currently the dominant DEX by TVL and volume on the L2. After ETH L1, Arbitrum is where Uniswap has the largest stronghold. It is therefore important for delegates to potentially consider doubling down on this ecosystem. Uniswap DAO and Arbitrum DAO have also conducted themselves symbiotically ever since Uniswap launched on the L2 in August, 2021. Below are some contributions that Uniswap has made to the Arbitrum ecosystem in the past year alone: Gauntlet has shipped out a Dynamic Incentive Optimization for Uniswap V3 Uniswap/Arbitrum liquidity mining mid-point retrospective Set up a Uniswap-Arbitrum Working Group Funded a ~$2m Uniswap-Arbitrum Grants Program Created an active metagovernance group (Uniswap-Arbitrum Delegate Program) Now that Uniswap has attained 1M ARB from Arbitrum, we are fulfilling our end of the bargain to see if Uniswap would like to reciprocate to some level: As mentioned, it is up to Uniswap delegates to decide whether or not matching is favorable. Doing so would signify to the Arbitrum community our continued support, and in the UADP’s opinion, allow for further collaboration and grants in the future. If any funds are approved, they will follow a similar distribution structure and execution as above and be grouped together in Gauntlet’s incentives allocation. Snapshot Options: $1m $750k $500k $250k Do Not Fund Please rank the order of the choices you would like to see the best. Note that the options are in $ terms and the spot price of $UNI will be taken for the on chain vote

TLDR: The proposal to deploy Uniswap on Redstone has completed the 7-day RFC phase. All contracts have been deployed and verified. This deployment has therefore been optimistically approved by the Uni DAO. We will now turn to a temperature check to vote on whether or not the DAO would like to employ the Uniswap Onboarding Package to help incentivize Uniswap pools on Redstone. This vote also includes a veto option, allowing any delegates who hold a dissenting opinion to veto this deployment altogether. Redstone will not be providing any incentive matching, nor will they be bootstrapping liquidity on their end. Onboarding Package: The purpose of the Uniswap Onboarding Package is to allow new deployments of Uniswap v3 to get set up with three months’ worth of liquidity incentives, a frontend, and an incentive distribution tool like Merkl. These resources will help position Uniswap to have a formidable presence on new EVM chains. Criteria for Package Adoption: This off-chain vote will be used to determine how much in incentives–if any–the DAO would like to allocate to this deployment. The options are as follows: Incentivize $250k Incentivize $500k Incentivize $750k Incentivize $1M Deploy without incentives Veto this deployment altogether This temp check will be considered met as long as the total number of votes cast for the funding options is over >10M. If there isn't a clear winner for which level of incentives the chain should receive, a discussion can be had before the onchain proposal. All incentives will be distributed to LPs in terms of $UNI on the target chain. Further Details: Incentivized pools will primarily be blue chips like wETH-USDC–and any local pools if applicable. The onchain vote will include the final details for pool info. The Accountability Committee will escrow the inflight incentives. The DAO will not be using the funds from this vote for front-end integration and maintenance since Redstone has covered this cost. Angle Merkl will be paid for incentive distribution. The fixed integration cost going to Merkl for this deployment is €20k. Angle Merkl charges 3% on incentives distributed with their system. They have offered a 25% discount on their base 3% fee for incentives distributed between $2.5m-$5m, a 50% discount on incentives distributed between $5m-$10m, and a 75% discount on all incentives above $10m in a 365-day period. The Accountability Committee will be responsible for ensuring that the DAO attains properly discounted rates. * Example scenario: if $500k of incentives are voted in, and the Merkl take rate is 3%, then the grand total that’ll be requested from the DAO during the onchain vote will be $500k + $15k + €20k = ~536,664

Summary This proposal outlines the Uniswap Delegate Reward Initiative, a compensation program designed to improve participation quality and dedication among Uniswap delegates. The initiative was developed by several members of the Uniswap Delegate Reward Working Group, which conducted extensive research and produced findings supporting the implementation of such a program. Background In late February 2024, StableLab proposed the Uniswap Delegate Reward Initiative 8. After the GovSwap event in Denver, further research to plan and implement the Delegate Reward Initiative was highlighted, leading to the formation of the Uniswap Delegate Reward Working Group, composed of 8 members from different organizations. After extensive research for more than a month, the Working Group produced several findings, which can be found here: https://gov.uniswap.org/t/findings-from-uniswap-delegate-reward-working-group/23702 7 The details of the findings were slightly different. However, this conclusion summarized the findings quite nicely: “There was a general consensus across most categories that a compensation program for delegates could improve participation quality and dedication. However, the enthusiasm varied, with those deeply involved in governance showing the strongest support.” The Uniswap Delegate Reward Working Group explored several frameworks for implementing rewards, including a Committee structure that allows several non-delegates to get rewarded for helping to contribute to various scopes. However, some non-delegates in the Working Group preferred the Delegate-only model while other non-delegates in the Group suggested other alternatives. Therefore, we believe that the delegate-focused structure can be launched, but other members can also propose structures that focus on different aspects, ultimately leaving the decision up to governance. Proposal Details Application Eligibility There will be a week-long period for delegate candidates to submit their applications. If there are more than 11 eligible candidates, then the top 11 will be decided based on objective metrics outlined below. Considering past onchain votes, 19-21 delegates have been a consistent contributor amount to the voting, this acts as a mechanism to prevent sybil attack while also ensuring delegates who might have lesser voting power can be rewarded as well. For the first cycle, the eligibility for the application will be At least been a delegate for 3 months or more Voting Power of 10k $UNI or more OR Authored or co-authored a proposal that at least passed the Snapshot Vote The reason for the application eligibility was that the first cycle should be focusing on Delegates that have been committed to Uniswap DAO, and ideally, the Initiative can encourage more to participate and thus more delegates will be eligible by Cycle 2. Metrics for Selection of Top 11 Candidates In case there are more than 11 eligible applicants, the top 11 will be chosen by the following objective metrics. The highest point would be 10. 1. Voting Participation -Considering one of the primary roles of the delegate is to receive voting power from their delegators to vote on behalf for the best of Uniswap, voting participation are crucial to ensure quorums are met and malicious proposals are prevented. The Full point from this category is 5. The onchain part is weighted more heavily due to its usual frictions such as gas cost, as well as its importance that its votes directly can dictate code changes or treasury. The voting rate is based on the past 3 months. 1. Offchain Voting (Snapshot) 80% and above : 2 70% till 80% : 1.5 60% till 70%: 1 50% or below but above 0%: 0.5 0% : 0 2.Onchain Voting 80% and above : 3 70% till 80% : 2.25 60% till 70%: 1.5 50% or below but above 0%: 0.75 0% : 0 2. Proposal Authorship -Helping to write proposals for Uniswap DAO is important. However, we also want to prevent low-quality or malicious proposals. Therefore, only passed votes would count. The full point for this category is 4. The onchain part is weighted more heavily as it’s more difficult to have a proposal to pass the onchain vote as well as its importance that its proposals directly can dictate code changes or treasury. In case of non-binary proposals, if the choice equivalent to “No” was present, and the end voting result was another choice than “No”, then it would be considered as valid for below. For example, Uniswap Treasury Working Group (UTWG) Election wouldn’t be valid for the points as there’s no “No” vote . But [Temp] Uni Onboarding Package - BSC would be valid for the points as there was a choice of “Against”. And the voting result was “$1m”. 1. Authored or Co authored a proposal that passed offchain (snapshot) vote before. Yes, 2 or more : 1 Yes, 1 : 0.5 No: 0 2.Authored or Co authored a proposal that passed onchain vote before Yes, 2 or more : 3 Yes, 1 : 1.5 No: 0 3. Other Governance Participation -The full point for this category is 1. This category is to recognize other ways one could contribute to discussion regarding Uniswap Governance. This can be achieved by either 1. Joined Uniswap Gov Workshop Before Yes: 1 No: 0 Or 2. Joined Uniswap Community Call Before Yes: 1 No: 0 Tie Breaker -In rare cases if there are ties, this will be first decided by how many “likes” one received on the forum. Considering likes would ideally be tied to how many posts one has made and also how liked their posts are. We believe this is a fair way to have them as Tie Breakers. Delegate Reward Eligibility Once Delegates have passed the application process, the Delegates need to fulfill the following to be eligible for up to $6,000 USD worth of $UNI reward per month. Requirements Maintain 80% onchain and offchain voting participation for the past 3 months. Achieving this will provide $3,000 USD worth of $UNI Additional (only available if the above Requirement of Voting Participation is fulfilled) Write rationale for the voting on their delegate profile. Achieving this will provide an additional $3,000 USD worth of $UNI Budget We are requesting 198,000 [ 6000 3 11] USD worth of UNI for the Uniswap Delegate Reward Initiative, plus an additional 64,000 USD (40 hours 8 members 200 USD per hour) worth of UNI as a retroactive reward for the Uniswap Delegate Reward Working Group. The total amount of 262,000 USD worth of UNI, once approved, will be sent to the Accountability Committee, which will be responsible for the monthly distribution of rewards to eligible delegates and retroactive reward for the Working Group members. In the unlikely scenario that the budget is depleted before the end of the 3-month cycle, Cycle 1 will end early.

This is a parallel proposal regarding DeFi Education Fund Temp Check to give more options to the community. https://snapshot.org/#/uniswapgovernance.eth/proposal/0xf17f3ca6b3d1aa6d8061a733fc0d627558159e0057f76ddfe056ea492cf56163 If the original DeFi Education Fund Temp Check passes, then the original Temp Check will take precedence. But if the original Temp fails then this parallel proposal can be used to move to Onchain as long as "Do not fund the DEF" is not the most voted.

Overview Since its founding via a timely Uniswap Governance governance proposal in 2021, the DeFi Education Fund (DEF) has fought to advance and protect the potential of DeFi in the public policy sphere. The threat that misguided policies and overreaching regulators pose to DeFi has never been clearer. This proposal is to provide DEF with one million UNI tokens in two tranches to support them in fulfilling their mission. DeFi promises to revolutionize how people engage in economic activities. In particular, the openly accessible and decentralized characteristics of DeFi protocols means that anyone with an internet connection and a wallet can participate in the global economy in a way that would not be possible without DeFi. To do so, DeFi upends the structure of traditional financial services and related policy making approaches. That upending has brought with it intense interest, suspicion, and hostility from entrenched interests and regulatory bodies around the world. DEF has defended DeFi from legislative threats that would require DeFi developers to implement protocol access restrictions or requirements designed for CeFi businesses; regulatory proposals that would mandate centralization if finalized; and in the courts against overzealous regulators. In late March, we sued the SEC over its policy on airdrops and its campaign of regulation by enforcement that is crippling DeFi and crypto development and participation in the United States. Over the last few years, DeFi’s policy challenges have become more real, more imminent, and more numerous. For example, in the U.S. alone, there are at least half a dozen bills actively under consideration in Congress and two rulemakings pending finalization that would effectively prohibit DeFi development. Luckily, public policy education and advocacy has borne—and can continue to bear—fruit for DeFi. Without doubt, building a public policy environment welcoming of DeFi and decentralized governance will be a long and arduous struggle, but we know that Uniswap Governance shares our commitment to winning that debate—and it is winnable—so that the benefits of DeFi can be felt and enjoyed by as many people as possible, as quickly as possible. DEF is eager to continue leading the fight on behalf of DeFi. With additional resources, we can build out our team: 1. super charge our impact litigation efforts to reshape the legal landscape to DeFi and DAOs’ benefit; 2. expand our outreach to legislators and double down on our educational efforts; 3. more vigorously challenge the regulatory onslaught targeting DeFi; and 4. enhance our ability to engage in state-level debates and jurisdictions outside of the United States. If DeFi development and DAOs are to have a future in the United States, we need to double down on our advocacy efforts to protect DeFi from the myriad policy risks it faces while proactively laying the foundation for longterm policy solutions favorable to DeFi and DAOs. We stand ready and able to do so with the community’s backing and appreciate your consideration. Rationale DeFi’s policy challenges are immense and interest in DeFi has only grown since the DEF got to work in 2021. Following the collapse of FTX and with the return of the bull market, there is acute interest in DeFi on Capitol Hill and state legislatures, as well as inside federal and state government agencies. Providing meaningful educational outreach about DAOs and DeFi to lawmakers while also assisting in the legal defense of decentralized organizations is a role not played by anyone else in the US. At this time, DAOs and DeFi protocols face several potentially catastrophic threats: a live IRS proposal would mandate the creation of intermediaries to conduct tax reporting (i.e., ban on disintermediated systems) and a live SEC rulemaking would define anyone loosely related to a DeFi protocol—including the underlying chain’s miners/validators—to be national securities exchanges like the New York Stock Exchange. Moreover, bills written to regulate CeFi often inadvertently capture DeFi protocols and subject them to compliance obligations designed for CeFi businesses. If DeFi development and DAOs are to have a future in the United States, we need to double down on our advocacy efforts to protect DeFi from these myriad policy risks while laying the foundation for longterm proactive policy solutions favorable to DeFi and DAOs. There is a reason TradFi businesses collectively spend over $1 billion per year on U.S. lobbying and policy efforts: it works, and we’re making it work for DeFi. DEF focuses specifically on fighting for policy outcomes favorable to decentralized finance developers and users on the ground in Washington, DC. A summary of our past work, which has included defending DAOs in court, as well as providing comment and consultation to regulators to avoid burdensome rules and regulations in the US and around the world, below. This proposal would expand our budget so that we can expand our legislative, regulatory, and legal advocacy and education efforts on behalf of DeFi and DAO developers and users. If DeFi development and DAOs are to have a future in the United States, we need to double down on our advocacy efforts to protect DeFi from policy risks while proactively laying the foundation for longterm policy solutions favorable to DeFi and DAOs. We stand ready and able to do so with the community’s backing, and we appreciate your consideration. Conclusion The DeFi Education Fund is a nonprofit organization with a demonstrated history of being in the trenches fighting for DAOs and decentralized finance. Whether looking to provide legal assistance when DAOs and their members are targeted, providing educational resources, or fighting for policy changes, the DeFi Education Fund is the only major crypto advocate that focuses solely on decentralized web3. FAQs Why are you raising money now if you have about two years of runway at your current burn? We are seeking Uniswap Governance’s further support now for three primary reasons. First, we need a good sense of our longer term funding in order to expand our efforts and take on the long term projects that our work often requires, which can play out over several years. For example, our legal challenge of the patent covering oracle tech that is being used against DAOs will likely take a total of at least two years from start to finish. Our lawsuit against the SEC will probably last several years. If we did not have a good expectation of being able to operate two years after starting those efforts, we would not have been able to take them on at all. In addition, because we hold tokens long term, we are exposed to crypto market price fluctuations. Second, unexpected, ad hoc projects that we are well-positioned to take on in defense of DeFi can be extremely expensive. For example, we expect the challenge to the oracle patent to cost nearly $500,000 over its entire course. A legal challenge to proposed rules that would de facto ban DeFi in the United States would cost well over $1m. We have no ability to predict with certainty when and if those expenditures will be necessary, and without a sense of our longer term funding situation, we can’t take on those types of unexpected, but critical, projects while also expanding our day to day efforts and team. DeFi needs more dedicated advocates working on its behalf. With a larger budget, we can hire more people. When and how would you plan on selling this proposal’s tokens? It is important to us that DEF remains aligned with the DeFi community and our supporters over the long term. Upon passage, 500k $UNI tokens would be transferred to DEF’s on-chain Coinbase $UNI wallet, and 500k would be locked up in a streaming contract that would “vest” linearly over 12 months. Governance could vote to stop the streaming of the remaining tokens at any time. We will hold half of any tokens we receive for at least 12 months from the date we receive them, and we will pre-disclose all sales plans in writing. How are you going to keep Uniswap Governance up to date on your activities? The DEF team will host monthly community calls that Uniswap community members can join to hear updates on our work, learn about high priority policy and regulatory developers, and have questions answered. We’ll also keep a thread on the Uniswap governance forum up to date with our monthly updates. What about the tokens from the 2021 proposal? We received our initial grant of one million $UNI tokens from the Uniswap Governance in July 2021 and sold half of the tokens shortly thereafter. In February 2024, we began selling portions of the other half of the tokens according to an 18 month written sales plan. We will sell in July 2025 the last of the UNI tokens we received in July 2021. Why are you asking us for money and not other DAOs? We are, and we will definitely continue to “pass around the hat”! We seek Uni governance’s continued support as a community that is building for the long term. Uniswap Governance took a massive “leap of faith” in generously funding an organization that did not yet exist to do work that would benefit every DeFi project and DAO. We hope that our track record of work has proven valuable to DeFi projects and users such that Uni governance and other projects’ governance will continue to contribute to our work going forward. [/quote]

Details regarding Uniswap Treasury Working Group (UTWG) Election and also its candidates can be found on the forum post: https://gov.uniswap.org/t/uniswap-treasury-working-group-utwg-application/23571

TLDR: This proposal adds Manta Pacific to the v3 deployments record and grants Manta an Onboarding Package, which includes $250k of UNI incentives for three months on four key markets and Angle Merkl’s integration of Manta. Separate from this proposal, Manta has arranged for Oku to support Manta, and the contracts have been deployed. The following are the proposed pools for the program, but they can be amended for the onchain vote. * ETH/STONE 0.05% - 30% * ETH/USDC 0.05% - 40% * USDC/USDT 0.01% - 10% * MANTA/USDC 0.30% - 20% The Manta team has committed to providing incentives alongside the Uniswap DAO and plans to solidify their exact plans once this Temperature is successful and prior to the onchain vote. Key points: Manta has already contracted with Oku to support the new deployment. The contracts have been deployed and verified. The deployment is ready for immediate launch. For more information, please visit the forum thread.

Authors: Uniswap Accountability Committee TLDR: Today, Uniswap governance, via the timelock address, has the ability to declare a new v3/v2 deployment as official/canonical The DAO has set a precedent for approving EVM-based deployments over the past 2 years This proposal seeks to give the Uniswap Accountability Committee multisig agency over altering the v3-deployments.uniswap.eth & v2deployments.uniswap.eth subdomains This will allow the Committee to edit these text records whenever a new v3/v2 deployment is complete without having to go through an onchain vote To accommodate for this change, we are also proposing an alteration to the current deployment governance process to increase efficiency The DAO will retain the right to assign incentive distributions from the treasury to these deployments via an onchain vote Our Proposal We are proposing to enable the Uniswap Accountability Committee multisig to alter the subdomains as soon as a deployment’s RFC passes the 7-day discussion period–given there are no major points of contention during the RFC phase. The RFC should give ample time to the DAO to make a decision regarding the deployment without having to partake in a 4+ week governance ordeal. And to make sure voters have a say in this process, we are including a 5-day challenge period that will be a part of the onboarding package temperature check--this will allow voters to voice their dissenting opinion regarding a deployment. Currently, the Uniswap DAO, more specifically the timelock address (0x1a9C8182C09F50C8318d769245beA52c32BE35BC) owns AND manages both subdomains. This proposal would make the Accountability Committee the manager of the subdomains. If at any time the DAO would like to alter the manager again or regain control, this can be done via an onchain vote since the timelock still owns the subdomains. New Proposed Deployment Process: Step 1 If a chain wants to deploy Uniswap, they typically connect with either the Foundation, the Accountability Committee, a delegate, or any adjacent party Anyone is able to author an RFC, whether it be a delegate, the destination chain themselves, or whoever else. That RFC is posted on the forum for a minimum of seven days to allow a discussion to transpire The deployer can either have the contracts deployed at this point or not–if the deployment is complete, then include the contracts in the RFC If no issues arise in the RFC, then the deployment will be viewed as approved, and a 5-day challenge period will be rolled into the onboarding package snapshot vote Step 2.1 (Work for the Deployer and Accountability Committee) If deployment hasn’t already been completed, then it must be done after the RFC phase As soon as contracts are deployed and verified, ensuring that the bytecode of the deployed contracts matches the bytecode of the mainnet contracts, the Accountability Committee has the authority to write the relevant text to the subdomain The Committee will comment on the RFC confirming that the contracts have been verified and that the subdomain has been properly updated Step 2.2 (Work for the DAO and Accountability Committee) The Committee will hold a temperature check to see if there’s interest in deploying incentives on the new fork--this vote also acts as the challenge period If passed, an onchain vote will take place, sending the selected amount of capital to the Committee multisig for distribution Both Step 2.1 & 2.2 can take place concurrently Technical Implementation: The onchain proposal needs to include the function calls below to grant the Accountability Committee write permissions to the subdomains. The DAO will maintain ownership of the primary domain, uniswap.eth, and thus have the ability to revoke permission through a governance vote. For Uniswap v3 Subdomain: ``solidity setOwner( node = 0x0b9638d2c5bd4528d603562a1fa1e734fe1b88e680f448d779531e9bc2b55f12, owner = 0x3B59C6d0034490093460787566dc5D6cE17F2f9C ) ` For Uniswap v2 Subdomain: `solidity setOwner( node = 0x30e9fa72b4d7d40be0f8809d748497121d5f38ebf8700a7d2e303074e9ccf1a5, owner = 0x3B59C6d0034490093460787566dc5D6cE17F2f9C ) ``

TLDR: The proposal to deploy Uniswap on Sei has completed the 7-day RFC phase. This deployment has therefore been optimistically approved by the Uni DAO. We will now turn to a temperature check to vote on whether or not the DAO would like to employ the Uniswap Onboarding Package to help incentivize Uniswap pools on Sei. This vote also includes a veto option, allowing any delegates who hold a dissenting opinion to veto this deployment altogether. Onboarding Package: The purpose of the Uniswap Onboarding Package is to allow new deployments of Uniswap v3 to get set up with three months’ worth of liquidity incentives, a frontend, and an incentive distribution tool like Merkl. These resources will help position Uniswap to have a formidable presence on new EVM chains. Criteria for Package Adoption: This off-chain vote will be used to determine how much in incentives–if any–the DAO would like to allocate to this deployment. The options are as follows: Incentivize $250k Incentivize $500k Incentivize $750k Incentivize $1M Deploy without incentives Veto this deployment altogether This temp check will be considered met as long as the total number of votes cast for the funding options is over >10M. If there isn't a clear winner for which level of incentives the chain should receive, a discussion can be had before the onchain proposal. All incentives will be distributed to LPs in terms of $UNI on the target chain. Further Details: Incentivized pools will primarily be blue chips (ETH-USDC, ETH/WBTC, USDC-USDT)–and any local pools if applicable. The onchain vote will include the final details for pool info. The Accountability Committee will escrow the inflight incentives. Sei Foundation is paying for the Oku Trade integration–the DAO will not be using the funds from this vote for front-end integration and maintenance. Angle Merkl will be paid for incentive distribution. The fixed integration cost going to Merkl for this deployment is €20k. Angle Merkl charges 3% on incentives distributed with their system. They have offered a 25% discount on their base 3% fee for incentives distributed between $2.5m-$5m, a 50% discount on incentives distributed between $5m-$10m, and a 75% discount on all incentives above $10m in a 365-day period. The Accountability Committee will be responsible for ensuring that the DAO attains properly discounted rates. Example scenario: if $500k of incentives are voted in, and the Merkl take rate is 3%, then the grand total that’ll be requested from the DAO during the onchain vote will be $500k + $15k + €20k = ~$536,664* Sei’s Liquidity Bootstrapping Commitment: Sei Foundation will commit up to $1M worth of liquidity to Uniswap pools on Sei. The tokens will be deployed on Uniswap through the Sei integration with Oku. A tranched approach will be used to bootstrap the liquidity. Each quarter, between Q2 2024 - end of Q4 2024, the Sei team and the Uniswap Accountability Committee will evaluate the TVL, volume, and activity of the Uniswap pools on Sei. Q2 2024: $400k guaranteed commitment * $200k in SEI/USDC * $100k in SEI/wETH * $100k in SEI/USDT Q3 2024: $300k tentative commitment Q4 2024: $300k tentative commitment * Q3 and Q4 liquidity deployments will be based on Uniswap’s volume/active users from the previous quarter and the TVL at the start of the given quarter. Lower traction will lead to lowered future commitments from Sei Foundation. Once live, active pools, TVL, volume, and fee metrics will be available on Oku’s analytics page. The Accountability Committee will be responsible for ensuring that these above promises are kept.

Title: Mobilizing the Uniswap Treasury Authors: @AbdullahUmar & @Doo Summary: The Uniswap DAO's treasury, containing assets worth nearly ~$6B, predominantly in $UNI tokens, faces challenges due to its single-asset composition and the lack of a plan for productive utilization. To address the treasury's volatility and underutilization, we propose forming the Uniswap Treasury Working Group (UTWG) to explore treasury management strategies aimed at achieving sustainability and growth for the DAO. This involves diversifying assets to stabilize the treasury and finding revenue-generating investments beyond the protocol's core operations. The UTWG will examine various treasury plans for Uniswap DAO based on 8 weeks of research and interviews with various entities and individuals familiar with treasury management and adjacent subject matters. A deliverable will correspondingly be released on the forum where we present at least two viable treasury management options for the DAO to begin pursuing. Both of these options will be presented as their individual RFC/RFP, ideally allowing various treasury managers to present their products and services to the DAO. The UTWG will help facilitate this process. The proposal's ultimate goal is to ensure the DAO's long-term financial health and support the sustenance of Uniswap. However, there is one caveat–before implementing any of the proposed strategies, in other words, before moving any $UNI to and from the treasury, we must have clarity around the legal implications of administering this program. There has to be a way to pay taxes. We hope that a simultaneous discussion around, say, DUNA, or other legal frameworks, takes place. It seems unlikely that the DAO will be able to conduct treasury management if it doesn’t open itself up to adopting a legal architecture. Our hope is that while the Foundation and potentially another working group sort out the legal side, we are able to make some strides on treasury management research. Upon adoption of a legal entity, we can then hit the ground running by actually implementing the conclusions derived from the UTWG’s research. Working Group Details Based on the above reasoning, the UTWG will conduct 8 weeks worth of research into the types of treasury management initiatives that the DAO may reasonably pursue in the short-to-medium term. The group will note on the experience of treasury management practices of other DAOs, adopting practices that have historically worked well and conforming them to Uniswap’s current situation, along with the presentation of new models that we believe are potentially more effective. Considering treasury management has been a key aspect of many prominent DAOs like Maker and Aave to Lido and Gnosis, we believe that there are many case studies and frameworks that can be explored to ensure initial experiments will return positive results. The UTWG will also try to collaborate with those working on various legal developments including the recent Wyoming Decentralized Unincorporated Nonprofit Association (DUNA) Act. This process may fall outside of the jurisdiction of the treasury committee and may require outsourcing entirely to another party. It’s vital that this treasury research is analyzed in the context of potential legal structures, and we won’t move forward with implementing our research unless there are proper legal frameworks in place. The Uniswap DAO has yet to formalize its opinions on how to set up legal entities, so this caveat may delay the implementation of the proposed treasury initiatives. The UTWG’s research may conclude that a legal working group should work in concert with the treasury group to effectively bring this program to fruition. It’s also important to emphasize that the deliverables of the UTWG will aim to highlight potential treasury management options rather than pinpointing specific service providers. If the committee comes to the conclusion that an RFP process is the ideal manner by which treasury managers should be appointed, for example, then one of the UTWG deliverables will be a call to action for various service providers. After ample discussion in the forum, the most promising service providers will qualify for a vote of confidence from the DAO. The elected members will then collaborate with the UTWG to implement a proposed treasury management initiative–granted a legal framework is in place. At this point, the working group will act as the liaison between the DAO and the service providers, ensuring proper accountability and transparency for the sake of the DAO. Note that it’s too early in the research process to conclude the exact operations of the treasury initiatives–the above paragraph simply outlines a potential order of operations, which is subject to change based on our research. Our goal is to simply present the DAO with an assortment of options, backed by interviews and research. The Uniswap Treasury Working Group Members The UTWG will be composed of four members. 2/4 members are listed below and are a part of working group zero (WG0). They will be helping administer and organize this proposal. The other two members will be elected via a Snapshot vote. Elected members, along with WG0, will be responsible for helping conduct research and aiding in proposing the final deliverables to the DAO. StableLab StableLab is a governance firm focused on professional delegation, DAO framework design, and product development. StableLab works with various projects, from the ones just starting their journey to decentralization to the most prominent DeFi protocols. Arana Digital AD is a professional governance group. The team is deeply steeped in the crypto space and has multiple years of participation in protocol governance. With delegation history for DEXs, money markets, L2s, liquid staking protocols, and stablecoins. AD brings a diversity of experience to DAOs–its members have consulted for companies like Immutable and dYdX, worked at crypto investment and trading firms, set up various validator nodes, and run educational events for university students. Budget The UTWG asks for a budget of 6,000 $UNI. The hourly rate will be the same as the Accountability Committee at $200 per hour. If this committee is formed, then the UTWG will form a 3/4 multisig to conduct payroll. Retroactive compensation will be distributed to WG0 based on their input hours by the start of the program (i.e. once the onchain vote passes). Tentative Next Steps March 19 - March 26: RFC March 26 - March 30: A temperature check will go live to gauge the interest to launch the The Uniswap Treasury Working Group. March 30 - April 6: If temp check to form UTWG passes, a 7-day period will take place for prospective candidates to apply to the working group on the forum April 7 - April 11: A Snapshot election will take place, allowing the DAO to vote for the two remaining members of the UTWG out of the given applicant pool April 12 - April 19: the onchain vote will be live, batching together the formation of the working group, its four members, and sending the budget to a multisig If the onchain vote passes, then over the course of 8 weeks, the UTWG will examine various treasury initiatives for the Uniswap DAO and create at least two viable treasury management options, which will be put into their separate RFC/RFP processes. The exact implementation of this program after step 6 is to be determined based on the working group’s research and adjacent legal developments. *NOTE: steps 7-11 are subject to change based on legal developments–the goal of this group is to set up a formal process and provide the DAO with research on treasury management

Authors: MichiganBlockchain, @404DAO, @GFXlabs TL;DR: Introduce an amendment to the Uniswap V3 Factory owner to allow the DAO to make future changes to the fee mechanism. This will prevent the DAO from being pigeonholed by a singular, immutable implementation, thereby enabling further experimentation and allowing the DAO to effectively respond to issues with the current setup. Full forum thread To not significantly slow down the current process proposed by the Foundation, this Snapshot poll will be used to collect opinions via a vote from the delegates. There will be two options, “Accept amendment” or “Reject amendment.” If the “Accept amendment” is able to demonstrate a significant majority, then we would expect the onchain proposal put forth by the Foundation to include the change. The poll will go up immediately and end on March 8th.

This Snapshot poll is to gauge community sentiment to move forward with our proposal to Active Uniswap Protocol Governance. Specifically, we propose to upgrade the owner of the mainnet UniswapV3Factory contract from the Timelock to a deployment of V3FactoryOwner to enable the permissionless and programmatic collection of protocol fee revenue. A full discussion of this proposal can be found at the link below; we recommend that delegates read that proposal and its accompanying materials before voting on this Snapshot.

*We @she256 are submitting this RFC & proposal on behalf of Zora Labs. For the full proposal/discussion, please see the linked forum post. Proposal Motivation Zora Network is an emergent ETH L2 built with the OP stack that has grown to more than 90k weekly active users who drive 600k transactions every week. We propose a canonical deployment of Uniswap v3 on Zora benefitting creators, collectors, and builders of both ecosystems. Zora Network is onboarding thousands of creators and collectors to Ethereum L2s through a distinctly creative brand and support from protocols like Mint.Fun, Holograph, PartyDAO, and the Zora Creator Toolkit. It is important for Zora Network’s ecosystem of creators, collectors, and developers to have access to premier crypto tooling, including DeFi protocols, that can help them protect and expand the value they are creating onchain. We believe offering these tools is a material step in supporting creators as they explore and innovate with onchain media. This is particularly true as the amount of people and teams that earn ETH on Zora Network continues to grow from features like Zora’s Protocol Rewards. This collaboration will position Uniswap to win long term market share on an emergent L2 network with a uniquely differentiated user base. And, it will signal the DAO’s ongoing support of the growing population of creators, collectors, and builders that transact on Zora Network everyday. Rationale for Uniswap on Zora Network Protocol Rewards on Zora Network makes the need for stablecoins and fiat on/off-ramps increasingly apparent. Creators, collectors, and developers in the Zora ecosystem are earning six figures of ETH in protocol rewards everyday. For some creators, protocol rewards are helping to pay their rent or just grab a slice of pizza. And for platforms, rewards are quickly becoming a core part of their business model and a key to their success. There is a growing need on Zora Network for swaps and stablecoins that can better protect the value these individuals and teams create. Today, creators are required to bridge their ETH from Zora Network to a chain where Uniswap is supported, which costs gas and eats into their earnings. Only then will they be able to swap to a stablecoin. Adding swaps natively on Zora Network will make taking this action cheaper and easier for onchain creators that are making their living with Protocol Rewards. Our goal with this proposal is to bring a canonical instance of world class DeFi tooling to Zora Network participants to help them more efficiently convert and expand their Protocol Rewards into value that they can transact with in their everyday lives. We think this is an exciting long tail opportunity for Uniswap. Uniswap on Zora Network enables Stablecoins for thousands of creators, collectors, and builders on Zora Network Swaps for Zora Network participants without needing to bridge funds Fiat payment rails to easily on and off ramps, for our creators, collectors, and builders Creating and transacting in additional token types ERC20 tokens Developer teams requiring liquidity pools for markets or experimentation Benefits to Uniswap Uniswap would be the first DeFi protocol on Zora Network giving it a first mover advantage to win consideration from the network’s unique audience of creators and collectors. Expand the Uniswap Audience Recent market data from cross-chain minting activations indicate that, when given the option and equal incentive, creators tend to choose Zora Network as the destination for their work onchain. Uniswap and Zora Network coming together is a great opportunity to expand the Uniswap audience to Zora Network’s creative community. Zora Network is home to tens of thousands of creators of all disciplines: visual artists, musicians, photographers, podcasters, and more. Incredible crypto native talent like Chase Chapman, Nick Hollins from UFO, and more have made Zora Network their L2 of choice. This is all happening alongside some of the world’s best YouTube channels like Color Studios or breakout brands like KidSuper making Zora their home as well. Uniswap V3 on Zora Network is an opportunity for Uniswap to market to a new, non-DeFi audience that is excited to support one another’s creativity. You can get a feel for who makes up the Zora community in our latest Me + My Imagination campaign. Potential new revenue stream for Uniswap DAO The most immediate increase in DAO revenue will come from a Uniswap x Zora commemorative mint. Zora will mint a commemorative artwork to celebrate the launch of Uniswap V3. We will add the Uniswap DAO as a split recipient on this commemorative mint. This will mean that the Uniswap DAO will receive ETH income in the form of protocol rewards as collectors mint the artwork in celebration of the launch. Zora plans to split the creator rewards from this mint 70-30 with 70% of rewards from this mint going to the Uniswap DAO and 30% going to Zora. Commemorative mints also help teams build onchain followings that can be reactivated on Zora and pinged via on platform notifications. For example, LayerZero gained 74k followers on Zora as a result of their commemorative mint for Zora Network support in September 2023. It is easy to imagine Uniswap building an onchain audience on Zora that includes millions of its users. Increase DEX Marketshare Uniswap will be the first DEX to come to market on Zora Network. It will start out with 100% marketshare on this emergent L2 network. The more than half a million addresses on Zora Network will have a single destination for DeFi. Zora Network has an increasingly active user base with active addresses on Zora Network are up 50% MoM from December to January. And, that user base is earning ETH at a good rate with more than $100k of ETH paid out daily on Zora Network in Protocol Rewards. Given these earnings and these levels of activity, there is a good chance these users will need stablecoins and other opportunities to protect the value their creating. Success Criteria For Uniswap, this is a unique opportunity to become the sole DEX on Zora Network, a breakout L2 for onchain creativity. This will help Uniswap win increasing amounts of creator affinity as you support the thousands of active creators and collectors around the world using Zora Network. In addition, we consider this successful for Uniswap if we are able to: Launch a successful commemorative mint to excite Zora’s community about Uniswap Onboard Zora’s onchain creative and developer community to Uniswap Partner with Zora on future Uniswap DAO activations, hackathons, etc. We want to give our network participants the tools they need to convert the value they create on Zora Network into stablecoins and real world currencies they can use everyday. By weaving Uniswap V3 seamlessly into this emergent network, we aspire to strengthen the ties between Uniswap and Zora, ensuring a mutually beneficial collaboration between our thriving communities. Deployment Details Uniswap V3 has been deployed to the Zora Sepolia Network. All contracts have been verified on the network block explorer. We will update the proposal with the appropriate mainnet addresses before submitting this vote onchain. As is the case with all canonical v3 deployments, this deployment will be subject to Ethereum Layer 1 Uniswap Protocol governance. The text record of the uniswap.eth ENS subdomain titled v3-deployments.uniswap.eth will be amended to include the reference to the Uniswap v3 Factory contract on Zora Network. Front End Considerations Zora will deploy the open source Uniswap UI to a subdomain at https://zora.energy. This front end will be made available to all Zora Network users similar to https://bridge.zora.energy. Our goal is to ensure that there is an easy to use frontend interface for users to access the superpowers of Uniswap. Overtime, we will work with the Uniswap Labs team to get Zora Network added to the primary Uniswap website over time. Bridge Details Zora Network is built on the open-source OP Stack. As a result, the bridge for Zora Network operates functionally identical to both OP Mainnet and Base – two OP Stack chains with canonical Uniswap V3 deployments already live. The bridge address is listed below, and more information on the OP Stack Bridge design is available here. As a further convenience, Zora Network hosts a bridging interface at https://bridge.zora.energy. |Contract Name|Address| | --- | --- | |Optimism Portal Proxy|0x1a0ad011913A150f69f6A19DF447A0CfD9551054| |Optimism Portal|0x43260ee547c3965bb2a0174763bb8FEcC650BA4A| |L1 ERC721 Bridge|0xDBCdA21518AF39E7feb9748F6718D3db11591461| |L1 ERC721 Bridge Proxy|0x83A4521A3573Ca87f3a971B169C5A0E1d34481c3| |L1 Standard Bridge|0xbF6acaF315477b15D638bf4d91eA48FA79b58335| |L1 Cross Domain Messenger|0x363B4B1ADa52E50353f746999bd9E94395190d2C| Timeline This proposal has passed the RFC phase without contention. We will follow up this snapshot Tempature Check with a formal onchain vote to grant the canonical status to Uniswap V3 on Zora Network, with the proposal updated to include the corresponding mainnet addresses.

This temperature check will gauge delegates' interest/support for deploying the onboarding package to Mantle. I've attached the forum thread for the full context. TLDR: The Uniswap Onboarding Package is for new deployments of Uniswap v3 to get set up with three-month liquidity incentives, a frontend (Oku), and incentives distribution tooling (Angle Merkl). These resources will help position Uniswap to have a formidable presence on new EVM chains. How the vote works: The temperature check will be considered met as long as the total number of votes cast for the funding options is over >10M. If there isn't a clear winner for which level of incentives the chain should receive, a discussion can be had before the onchain proposal. Notes: Applies to recent deployments of Uniswap v3 where delegates vote for them Pools will be primarily blue chips (ETH-USDC, ETH/WBTC, USDC-USDT) and a local pool if applicable. The onchain vote will include the final details for pool info. The Accountability Committee will escrow the inflight incentives. Oku will only be paid for new deployments, not existing ones or ones already contracted. Oku prices all standard deployments at $45k for the initial integration and $5k/month for 12 months. Angle Merkl will only be paid their integration fee for new deployments. For new deployments and new chains, Merkl is €20k. For existing chains, new Uni v3 deployments are €10k. Angle Merkl charges 3% on incentives distributed with their system. They have offered a 25% discount on their base 3% fee for incentives distributed between $2.5m-$5m, a 50% discount on incentives distributed between $5m-$10m, and a 75% discount on all incentives above $10m in a 365-day period.

This temperature check will gauge delegates' interest/support for deploying the onboarding package to BSC. I've attached the forum thread for the full context. TLDR: The Uniswap Onboarding Package is for new deployments of Uniswap v3 to get set up with three-month liquidity incentives, a frontend (Oku), and incentives distribution tooling (Angle Merkl). These resources will help position Uniswap to have a formidable presence on new EVM chains. How the vote works: The temperature check will be considered met as long as the total number of votes cast for the funding options is over >10M. If there isn't a clear winner for which level of incentives the chain should receive, a discussion can be had before the onchain proposal. Notes: Applies to recent deployments of Uniswap v3 where delegates vote for them Pools will be primarily blue chips (ETH-USDC, ETH/WBTC, USDC-USDT) and a local pool if applicable. The onchain vote will include the final details for pool info. The Accountability Committee will escrow the inflight incentives. Oku will only be paid for new deployments, not existing ones or ones already contracted. Oku prices all standard deployments at $45k for the initial integration and $5k/month for 12 months. Angle Merkl will only be paid their integration fee for new deployments. For new deployments and new chains, Merkl is €20k. For existing chains, new Uni v3 deployments are €10k. Angle Merkl charges 3% on incentives distributed with their system. They have offered a 25% discount on their base 3% fee for incentives distributed between $2.5m-$5m, a 50% discount on incentives distributed between $5m-$10m, and a 75% discount on all incentives above $10m in a 365-day period.