Uniswap is focusing on putting together a “diverse and high-quality collection of protocol participants” to address governance concerns about the protocol and its UNI token. Uniswap leadership has also vowed not to engage in protocol governance, leaving management of blockchain decisions to the overall community.
A Protocol Ruled by the People
Instead, users will engage in protocol governance by proposing new features to the overall platform and voting on proposals.
As such, Yearn Finance creator Andre Cronje aims to impact protocol administration of the UNI token as a delegate to Uniswap.
As His First Act as Delegate, He Will…
In a Twitter post, Cronje said that if made a delegate, he will create mechanisms “to facilitate delegation, off-chain voting, and on-chain enforcement.” He also stressed growth and re-evaluation of tokenomics over incentivizing liquidity pools in a follow-up Tweet.
