The Uniswap DAO voted to proceed the ‘Delegate Rewards Initiative’ of Uniswap, after a proposal accepted on the voting platform of the rely. An additional $ 540,000 of the Native Uni -Token of the Protocol has been assigned to finance ‘Cycle 3’ of this system.
The initiative is a compensation program to extend the standard and dedication of Uniswap Governance by way of paid incentives. This system will distribute a most of $ 6,000 in Uni -Tokens per thirty days for the most effective performing representatives, personal people or entities who’ve the suitable to vote on behalf of different token holders.
The governance temper ran from 26 February to 4 March 2025 and was adopted with 47.51 million votes (99.45%) in favor. The proposal for cycle 3 is now within the queue and the precise implementation date might be decided later if it’s not canceled in the course of the Lockout interval.
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