cryptograntwire

1/ Uniswap Delegate Reward Initiative Proposes $540K in UNI to Boost Governance Participation

We uncover what is happening across web3 👀

2/ The "Uniswap Delegate Reward Initiative - Cycle 3" proposes a $540,000 USD budget in UNI to incentivize Uniswap delegates through a structured point system, enhancing governance participation and alignment with community interests.

3/ The proposal has strong community support, with voting significantly surpassing the quorum requirement, indicating likely approval and subsequent reward distribution management by the Accountability Committee.