Uniswap Considers New Proposal To Distribute 4.4 Million ARBs

According to the governance page, Erin Koen, one of the Uniswap Foundation’s administrators, asked for recommendations from the Uniswap community on how to divide around 4.4 million ARBs.

The proposal process will span two weeks, ending on June 7. Proposals that have received community response should be integrated into new temperature check proposals at that time, in accordance with the authorized governance procedure. Delegates with sufficient voting power are also urged to contact out and assist with the launch of Snapshot polls for ideas they support. In this role, the UF will also be accessible.

The Arbitrum DAO has reportedly given a part of its governance token protocols that have built on and contributed to the success of the Arbitrum ecosystem. Uniswap will get 4.4 million ARB tokens as part of this distribution.

The tokens will be transferred to the DAO’s Arbitrum alias address; spending them requires a standard governance vote. Otherwise, there are no restrictions on how the DAO may spend these tokens.

Earlier, three important Uniswap participants started talks about a prospective deployment on Coinbase’s Layer 2 blockchain Base. If the request is granted, it will help Coinbase’s initiative. v3 is currently available on a variety of EVM-compatible chains, including Ethereum, Celo, BNB Chain, and other Layer 2 networks such as Arbitrum. Contributors are currently focused on Base as a potential future launch network. Despite Base being in the test phase, the Uniswap Foundation stated immediately after its testnet debut that the governance process to install Uniswap’s version 3 on Base would commence.

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thanks bro for information

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Great information

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thanks the news

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Keep it going bro nice information

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Wow …awesome ,good to hear this.

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What’s the criteria?

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lets vote :cowboy_hat_face:

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Has it been confirmed?

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