Uniswap DAO Discusses Governance Attack Prevention Strategies @Uniswap 🧵 1/10

We uncover what is happening across web3 👀

3/ Recent incidents in other DAOs have shown how governance weaknesses can lead to significant losses. Proposed solutions include:
1. Establishing a temporary Veto Council with 18-month veto power to block harmful proposals, similar to ENS DAO. 2.

4/ Introducing Proposal Staking, requiring authors to stake UNI tokens and allowing a "No with Veto" option to cancel harmful proposals and slash the author's stake if over 33% of votes are against it, inspired by Cosmos hub governance.

5/ Community reactions are mixed:
- BlockworksResearch is concerned about the legal responsibilities of a security council and suggests further exploring proposal staking. - AbdullahUmar believes current safeguards are effective and voter apathy is not a significant issue.

6/ - bendi opposes a Veto Council as centralizing and advocates for long-term solutions like delegate compensation. - drllau_LexDAO emphasizes the need for checks and balances and clear mechanisms for investors.

7/ - Tane worries that a Veto Council could disrupt the power balance and Proposal Staking might limit proposal creation by low VP delegates. jengajojo has acknowledged the feedback, suggesting avoiding the Veto Council due to centralization concerns and further exploring Proposal Staking.

8/ The community is also considering increasing the quorum and extending the time-lock period to protect against attacks.

9/ Next steps include gathering consensus from the DAO and awaiting the results of a governance audit funded by a recent grant, which will assess current risks and mitigation strategies.

👉 Learn more at https://app.x23.ai/uniswap/discussions/topic/24592/rfc-preparing-for-possible-governance-attacks

2/ How should Uniswap DAO prepare for potential governance attacks? jengajojo has sparked a discussion on safeguarding Uniswap DAO against governance attacks, especially given the DAO's growing treasury and decreasing active participation.