Uniswap DAO don move $110 Million for UNI for Governance Delegates even though Community dey worry
Uniswap DAO don pass one governance proposal wey be like first step, to give 18 million UNI, wey dey worth like $110 million, to 12 governance delegates. Dis one na part of di Treasury Delegation Program to make sure say voting for DAO dey active well well. Even though dem pass di first vote, people dey look di proposal eye well well, sake of say only 60% agree and 30% no even vote at all. People dey fear say governance power fit gather for one place, and dem dey worry about di political side wey di delegates dey support. Di proposal still get how dem go measure performance, so delegates fit collect extra money if dem dey vote well well for governance matters. Dis program follow wetin dem start for December 2023. Now, dem dey wait for official on-chain vote.
Neutral
Di proposal wey dem write show say dem wan make pipo dey put hand for governance more, but di way community dey react wey dey mixed and di fear wey dey about say dem wan put power for one place fit affect how di organization dey tell di story of decentralization and how investors dey trust dem. As e be for past, change for governance fit no really affect market price or e fit affect am small, especially if fear dey about say power dey one place and say dem get connection with politicians. But if pipo see say di program dey make governance better, e fit make market dey see Uniswap well. For long time, if dem fit dey share power well and still dey encourage pipo to join, e fit make di platform strong.