PANews reported on April 2nd that according to The Block, Uniswap DAO has passed a preliminary governance vote to continue its "Treasury Delegation Plan", which may allocate up to 1.8 million UNI tokens (approximately $113.4 million at current prices) to selected representatives. This proposal, which received conditional approval, will refine specific details and ultimately requires an on-chain vote to officially take effect. Uniswap's first treasury delegation plan, named "Delegating UNI Tokens to Active but Underrepresented Representatives", was launched in December 2023. The plan aims to support "active but underrepresented representatives" who vote on behalf of UNI token holders.

Tane, representing the platform, wrote in the proposal: "This plan is crucial for maintaining healthy governance and retaining active and capable representatives. After the plan's launch, all representatives will participate in all votes, making the DAO healthier." If the new representative funding plan is approved, approximately 12 selected representatives will each receive 1 million UNI tokens to incentivize their participation in governance. An additional 1 million tokens will be granted to "top" representatives, who will be determined based on "objective criteria", including maintaining at least 80% voting participation rate over the past three months.

Although the vote passed the "preliminary check", the Uniswap community has not fully reached a consensus on the plan. Only 60% of voting rights supported the plan, while nearly 30% of voters chose to abstain. Tane's proposal includes a plan to conduct a rolling assessment of the plan's effectiveness every three months.