Uniswap DAO takes a significant step towards enhancing governance by voting to continue its Treasury Delegation Program. This decision could lead to the allocation of up to 18 million UNI tokens to 12 selected delegates.
What is the Treasury Delegation Program?
The Uniswap Treasury Delegation Program is designed to allocate UNI tokens from the DAO’s treasury to active community members. These delegates play a crucial role in shaping governance proposals, voting on protocol upgrades, and driving strategic initiatives.
Why Uniswap DAO is Expanding Delegation
Despite Uniswap being one of the largest decentralized exchanges, governance participation remains relatively low. By delegating UNI tokens to active members, the DAO aims to increase voter turnout and strengthen the decision-making process. The selection of 12 delegates, including protocol researchers and industry leaders, is key to guiding protocol decisions through experience and strategic vision.
What's Next? Onchain Vote for Final Approval
While the DAO has preliminarily approved the delegation program, the final decision must be made through an on-chain vote. If approved, 18 million UNI tokens will be distributed to the selected delegates, who will use their voting power to drive Uniswap's governance forward.
This move underscores Uniswap DAO's commitment to improving decentralized governance, ensuring that active and knowledgeable participants are at the forefront of key protocol decisions.
