Uniswap's Decentralized Autonomous Organization (DAO) faces challenges with its $6 billion treasury, primarily composed of UNI tokens, due to issues like lack of diversification and a coherent strategy. To address these concerns, the Uniswap Treasury Working Group (UTWG) has been proposed.

Overview of the UTWG Initiative

The UTWG plans to explore treasury management strategies over eight weeks, drawing insights from successful practices of other DAOs like Maker, Aave, Lido, and Gnosis. Legal implications, tax obligations, and regulatory compliance are key considerations. The group, comprising four members, will research and propose legal frameworks for potential strategies.

The UTWG already has experts from StableLab and Arana Digital, specializing in governance and DeFi protocols. Additional members will be determined through voting to contribute to research and outcomes.

Compensation for UTWG Members

Each UTWG member is set to receive $200 per hour, with a budget request of 6,000 UNI tokens. Retroactive payment protocols will follow on-chain voting for initial hours. The focus remains on legal groundwork before implementing treasury management options and seeking services through RFC/RFP processes.

Collaboration with legal professionals will ensure compliance with regulatory requirements for the successful execution of the plan. This initiative's ultimate goal is to maximize the potential of Uniswap's significant treasury while adhering to legal boundaries.