On April 2, according to The Block, the Uniswap DAO has voted to continue its "Treasury Delegation Program", which could allocate up to 1.8 million UNI tokens to specific representatives, approximately $113.4 million at current prices. Based on the preliminary governance vote that ended on Tuesday, the proposal has been initially approved, with specific details to be determined later and requiring final approval through an on-chain vote.

Uniswap's first Treasury Delegation Program—"Delegating UNI to Active but Underrepresented Representatives"—was launched in December 2023, aimed at supporting "active but underrepresented representatives" who vote on behalf of UNI token holders.

Tane, representing the platform, stated in the proposal: "This program is crucial for maintaining governance health and retaining active and capable representatives." He cited data from the previous funding support program and noted that after the program's launch, "all representatives participated in all votes, making the DAO healthier."