The Uniswap Foundation is voting on a series of governance changes. which said it would streamline voting in A decentralized autonomous organization that manages Uniswap, one of the most popular places for decentralized crypto trading.
Uniswap community members will vote on December 14th on the restructuring that will It “improves efficiency and effectiveness” for the DAO, according to the forum post.by Devin Walsh, Executive Director of the Foundation
The biggest change will be that Uniswap’s oversight will reduce the requirement for offline “snapshot votes” that precede online voting, Walsh’s blog said, adding a significant hurdle to clearing the preliminary vote. which is a movement that “Prevent low-quality offers” through
Final voting section for governance (Online voting for approval or rejection of the proposal) will remain the same.
“One of the requirements of the Uniswap Foundation is to help DAOs make better decisions. And the issue is the community governance process,” Walsh said. And we are excited for these changes to increase process efficiency and reduce operating costs.”
Uniswap community members are active in efforts to improve governance and limit conflicts within protocols. which in August They voted to form the Uniswap Foundation in an effort to support the community in managing treasuries.
refer : LINK
The post Uniswap Foundation proposes governance changes And the DEX voting process appeared first on Bitcoin Addict.