Uniswap’s Game-Changing Move: 10 Million UNI Tokens Delegated to Engaged Voters

Uniswap’s Game-Changing Move: 10 Million UNI Tokens Delegated to Engaged Voters

The Uniswap DAO proactively votes on a resolution to allocate UNI tokens held by the Uniswap Foundation to delegates, aiming to boost participation rates.
The proposal, evolving to select seven delegates for 10 million UNI voting rights, garners broad support with over 17 million UNI token holders expressing approval.
In a proactive move to address low participation rates, the Uniswap DAO recently voted on a resolution to allocate UNI tokens held by the Uniswap Foundation to underrepresented delegates who maintain an 80 percent participation rate.
Originally targeting the distribution of 2.5 million UNI to four new delegates, the proposal evolved through discussions, ultimately selecting seven delegates to receive 10 million UNI voting rights. The decision garnered widespread support, with approximately 18.5 million UNI token holders participating, and over 17 million expressing approval. The next step involves the on-chain execution of the proposal by UNI delegates.
This initiative co

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