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23283654 No.23283654 [Reply] [Original]

Well, well, would you look at that?
>https://app.uniswap.org/#/vote/1
first ever proposal and it's made by pajeets
Not only this proposal includes two proposals with different intents and effects (quorum and proposal thresholds), it is also made by Dharma and Gauntlet, who are known to be the ones who want to commit yet another airdrop for aggregators and smartcontracts that used Uniswap:
https://gov.uniswap.org/t/proposal-excluded-proxy-contract-airdrop-phase-1/5811
Out of ~150M ciculation UNI, only 43M bothered to whether self-delegate or delegate their votes to someone. Which means only these 43M are permitted to vote for proposal #1:
>Only UNI votes that were self delegated or delegated to another address before block 11042288 are eligible for voting.
They need 40M currently to vote YES to reach the quorum and get their proposal accepted. They've got 30M already.
What would happen if they win?
>They would only need 30M to meet the quorum, which means they would only need 2 delegates (themselves) to pass the vote.
>If no one bothers to delegate their UNI in near future, Dharma and Gauntlet would stay a major voting power holding more than 15M delegeted UNI votes each
>once treasury unlocks (that would happen in two days on Oct 16), they would be in charge of additional 172M UNI
>they want airdrops
But, I want to add, they need 40M out of 43M to vote YES. They only managed to gather 30M so they aren't reaching current quorum. There are chances this proposal would actually fail.
Truly, DAOs are fucking shit, why won't you listen?

>> No.23283681

>>23283654
Just think how many smelly p*jeets got that free 400 UNI on loads of different metamask wallets.

Big NO from me

>> No.23283729

Based

>> No.23283744

>>23283654
correction: it would happen on Oct 17

>> No.23284002

>>23283654
perhaps its time for the people to reject and stop using uniswap so it dies and with it all the hopes and dreams of the scammers die too

>> No.23284007

As much as I hate Hayden, I don't see this passing unfortunately, where tf are the last 10m votes gonna come from

>> No.23284038

we want more UNI airdrops.
what to do?

>> No.23284078

Democracy is the worst political system, why would you implement that in a company? Retards make shitty choices and destroy the whole thing
Why would they ask for more airdrop I don't get it

>> No.23284083

>>23283654
That's good for fantom, fuck you and fuck uni and fuck ethereum

>> No.23284089

>>23283654
what the fuck you have to be a delagte to vote shit down ??!

>> No.23284423

>>23283654
Can somebody explain to a brainlet like me?

Is there gonna be another airdrop soon?

>> No.23284478

been out of a job for almost 2 months now and still no unemployment. bro what the fuck i'm getting worried. and no healthcare. fuck this country.

>> No.23284545

I WANT MORE UNI AIRDROPS

>> No.23284579

>>23283654
FUCK YEAH MORE PS5'S

>> No.23284647

>>23284038
S U C C

>> No.23285181

>>23284423
we would know for certain in a week.
Treasury with 172M UNI going to unlock on 17 Oct, and community can decide where to spend it through voting.
There should be 40M votes for YES to reach the quorum, but according to https://ondkloss.github.io/uniswapdelegates/#/ there are only 41M delegated UNI overall. So no one else but these 41M can vote on proposal #1.
https://twitter.com/AndreCronjeTech/status/1308689089885921282
andre seems to be on board with pajeets, so expect 6M more YES votes.
https://twitter.com/MonetSupply/status/1316174639140204544
this 1M delegate seems uncertain
There already 0.6M votes against, which means that would be hard to get another 3.5M to reach the quorum

>>23284038
>>23284545
>>23284579
These are 3 popular proposal sketches on a forum:
>airdrop to aggregator's and proxy's users (1inch, Dharma, etc)
>airdrop to UNI holders
>airdrop to UNI voting delegates
So use 1inch or any other aggregator (the might take same
Sept 1st snapshot though), hold UNI on your own wallet, try to delegate votes to someone. Note that airdrops probably would be retrospective as well, so you might be late already.

>> No.23285299

>>23283681
It’s pajeet inflation

>> No.23285466

>>23285181
How do you delegate vote?

>> No.23285703
File: 1.08 MB, 500x282, 1599183454963.gif [View same] [iqdb] [saucenao] [google]
23285703

>>23283654
ARE THESE FUCKING KIKES EVER GONNA STOP TRYING TO SYEAL OUR GODDAMN UNI

>> No.23285717

>>23283654
>about to
It lost over half of its volume in the past days and it did nothing but follow BTC's trend. It's already dead.

>> No.23285746

>>23285717
wait til uni holders get a chunk of fees

>> No.23285842

so those two fucks want 172 million uni and free airdrops for aggregator shitheads on top?
what the hell man

>> No.23285845

>>23283654
God I hate Uniswap so fucking much
I used to have faith on the future of this shit but its' just scams and newfags.

>> No.23285846

The problem that by default UNIs are not delegated because it would make gas consumption higher when you transfer UNI between wallets (it has to pass signatures as well).
And most of UNI holders are oblivious to delegation process. Let's see current delegates:
https://ondkloss.github.io/uniswapdelegates/#/
>Dharma - lending service that uses uniswap API - 15.46M - YES
they made this proposal - https://ondkloss.github.io/uniswapdelegates/#/address/0x7e4A8391C728fEd9069B2962699AB416628B19Fa
>Gauntlet - defi research organization - 13.68M - YES
>yuni.finance - andre's bitch - 6.21M - haven't voted yet
https://twitter.com/AndreCronjeTech/status/1308689089885921282
Andre's already agitated to support the proposal
>0xf94e5cdf41247e268d4847c30a0dc2893b33e85d - 2.24M - haven't voted yet
you can track this address and found it was mentioned by github https://github.com/moodysalem/kitty-scripts which is account of Uniswap developer. You can also notice this address doesn't has 2.24M, where did he find more than 2M delegates to give him votes? Well, that's probably Uniswap team delegating votes to fellow employee.
>0xf54b90a4a529ee43d924d5131c09c760a5cb129c - 1.6M - haven't voted yet
this address is far more interesting. It has 1.6M UNIs that were self delegated.
It received this huge amount of tokens from through a proxy smart contract which allocated 400M UNI through several addresses - https://etherscan.io/tx/0xd47bc3c3dd4c3535186461ff31c52c52e9c9f19a09b52ef3f83a79972782ad2f
this smart contract received 400M UNI directly from Uniswap Deployer address. This must be investor/developer/advisor funds according to UNI blog, so the owner might be one of them.
>monet-supply - 1.01M - haven't voted yet
Looks like someone from Compound, which might be interested in proxy airdrop
>Agustin Aguilar - 0.5M - haven't voted yet
owns pine.finance so he's interested in proxy airdrop that Dharma planned
>Hiturunk - 0.2M - NO
the only delegate on the list who voted NO

>> No.23285869

>>23285466
https://app.uniswap.org/#/vote
you need to write address of your chosen delegate (you own address for self-delegation)

>> No.23285898

Just because something passes a vote doesn't mean the team needs to do it....

>> No.23285971

>>23285846
it seems that total number of delegates who can participate is bigger than you can poll on that service - https://ondkloss.github.io/uniswapdelegates/#/proposal/1
(there are only 0.2M NO votes tracked from Hiturunk on that service but 0.6M NO votes overall)
So far proposal might receive 7.8M more YES votes from aggregators and lending plat owners who are interested in aggregator airdrop
But there are untracked numbers of delegates because that tracking service SUCKS

>> No.23285991

>>23285898
It doesn't even depend on team. They use Alpha Governance smart contract from Uniswap which would execute the contract that would edit all desired values for them if quorum is reached. Read more on DAO.

>> No.23286010

>>23285846
this is FRAUD. Uniswap is a FRAUD. they want to DILUTE token holders of this shit exchange
fuck off everyone voting yes on these proposals greedy fucking cunts

>> No.23286182

if I used 1 inch to interact with the uniswap and it was the same address i used to get my uni airdrop will I get another 400 uni just for using 1inch? if so, i am in favour of this proposal

>> No.23286766

>>23286182
probably they want to use same Sept 1st snapshot as with UNI previous drop, but nothing is set in stone until they commit their proposal

>> No.23286837

>>23284478
Get a job you fucking bum

>> No.23286852

>>23285717
>It's already dead.
That's strange, I still seem to be $1200 in profit

>> No.23286898

>muh kraken listing pump
I expected nothing and yet i'm still disappointed

>> No.23286928

>>23286766
but the address i used 1 inch is the same address i already got my uni airdrop on. i find it very unfair that i wont get another airdrop for using 1inch. this makes me hate 1inch exchange, uniswap and everyone involved.

>> No.23286963

does it cost me uni to vote? how can i vote no

>> No.23286974

Test

>> No.23287021

>>23286928
don't motivate yourself for failure and you won't have to experience it anon

>> No.23287039

>>23283654
I don't really care. They can pump out as many airdrops as they want. I'd love more. If Uniswap sucks we'll just use something else, boom, mind destroyed. It's cryptoland baby.

>> No.23287051

>>23286963
>>23285869
you can't vote NO on this specific proposal if you haven't delegate your votes prior to this proposal
I suggest you delegate your UNI now if you're interested in governance, since Treasury would unlock in few days and there would be a lot of proposals

>> No.23287683

>>23287051
done. does delegating uni take it out of circulation?

>> No.23287968

>>23287051
Can you do a fucking Uni governance general or something please? I'd have been extremely happy to say no to dharma but I'm too much of a brainlet to research uniswap governance or how it works and blablabla

>> No.23288245

>>23287039
people in this thread care about the token and it's price action, not just the exchange

>> No.23288510

anyway this legitimately scares me, not sure whether to just sell my 5000 UNI into ETH at a massive loss (bought in at $6) or keep holding. this seems really bad by all accounts, really losing faith in UNI

>> No.23288611

>>23288510
i guess as uniswap gets more attention and v3 releases your tokens will be worth a lot more. maybe oct 17 pump?

>> No.23288663

>>23288611
i've heard folk say that but i don't see it happening - surely it'd be priced in already. this price action doesn't scare me, i'm not a newfag, but the shit in this thread does. i hope they pull it together

>> No.23288855

>>23285846
so you're telling me its up to andre basically

>> No.23289074

>>23287968
cool idea and i'll try motivate myself to make one - but you can't do much for this dharma move. Your only hope they won't reach 40M quorum, and there are high chances they won't.
There's only ~41M delegated UNI overall, 0.6M voted against. 30M voted YES (literally votes from dharma and gauntlet).
They need 4% of total supply to vote YES on proposal to reach the quorum - which is 40M. There are 6M from Andre and 1M from monet-supply who's yet to make a move. even if they get lending/aggregator owners on this, they still need 2M more votes out of 3M remaining delegated votes. And as I researched in >>23285846, ~3M are delegated to UNI devs/investors. I assume they are longing UNI because of 4 year vesting on their funds. So dharma ALMOST scammed everyone but their math was a little off

>> No.23289122

would post governance general few hours prior treasury unlock so you won't get nearly fucked again once pajeets start to shove their proposals into UNI

>> No.23289177

Um...but I thought they didn't get any UNI from the airdrop for their customers? How come they have enough UNI to vote on this then? Isn't this proof that they're lying and just hoarding the money that they owe their customers?

>> No.23290073

>>23283654
You say only 43 million are bothering to delegate or self-delegate? Does that mean they need 93% voter participation to ever have quorum on a proposal? Nothing will ever happen if that's the case.

>> No.23290349

>>23290073
That would probably change once there are 170M of UNI to govern.
Read Contract on uni governance contract shows there are 60M votes delegated already. Someone delegated 20M (with one delegate holding 15M)more after this proposal was published

>> No.23290504

>>23284078
Because dharmafags let some kike handle their money and said kike decided to keep their UNI instead of payout to the jeets. Now he wants Hayden to airdrop them even more UNI.

>> No.23291285

I don't care about jewniswap so if they give all my wallets free airdrops again then cool beans.

>> No.23291318
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23291318

>>23288510
Why didn't you sell at 5.50 bro?

>> No.23291340

>>23288245
Metamask is also doing their own token now so it's whatever. Metamask doing swaps too. Dump UNI, find a new thing. Uniswap didn't care to plan ahead so now they get jeeted. It's the wheel of life.

>> No.23291483
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23291483

>>23283654
let me get this straight
>scam-riddled dex gifts users governance, sets aside funds for LITERALLY WHATEVER
>whales heavily involved in the platform think they didn't get a fair cut because they were into advanced shit
>these same whales are LITERALLY the only people who engaged what the devs left and have the ability to vote
and you are here being crybaby about this?

>> No.23291643

>>23284002
how exactly they did they scam you? they have a functioning product. the uniswap token was free

>> No.23291826

>>23291483
They got a fair cut though, they were major LP for uniswap thanks to all users in their platform and they were rewarded accordingly. Now they want to make Uniswap pay to THEIR users, while keeping LP rewards they probably meant to divide with their own users.
They almost pulled off this scam but being pajeets they made proposal too soon and made it too obvious for current delegates.
As per >>23290073 they need 93% voter participation, which is already unrealistic, but on top of that 3M of delegates are in hands of Uniswap itself.
Even in optimistic scenario Dharma can only accumulate 38M more votes.
Yeah, almost. But not enough.

>> No.23291827

Fuck I want another free 400 UNI. Please pajeets make it happen.

>> No.23291854

>>23291826
>38M votes in the end*
>7M more votes*

>> No.23291942

the fuck does Hayden care what happens to Uniswap anymore? Dude is swimming in millions he's set for life. If I were him I'd take my money and stop working on stupid shit and enjoy life.

>> No.23292030
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23292030

>>23291827
>create a delegate group named "NIGGER NAZI PARTY FUCK JANNIES"
>get entire 4chan to give delegates to that group
>create proposal "provide 100 UNI to every dubs posted, 500 UNI for every trips, 1000 UNI for every quads, etc"
>easily win in a landslide
>dump entire 172M UNI on repeating digits
>enjoy massive seething in cryptosphere
i mean, 4chan users probably own 100M UNI combined, r-right guys?..

>> No.23292340

>>23291942
i mean, it's not a long shot to say that a niche market exchange, IE; crypto exchange, could become amazon-tier, if crypto goes mainstream. this motherfucker could be the next gates or bezos.

>> No.23292677

>>23285181
airdrop to uni holders dont seem too bad desu